Impact asessment of foreign direct investment fdi on the economy of hung yen province 1998 2010

IMPACT ASSESSMENT OF FOREIGN DIRECT INVESTMENT (FDI) ON THE ECONOMY OF HUNG YEN PROVINCE (1998-2010) _ A DISSERTATION Presented to the Faculty of the Graduate School Southern Luzon State University, Lucban, Quezon, Philippines in Collaboration with Thai Nguyen University, Socialist Republic of Vietnam _ In Partial Fulfillment of the Requirements for the Degree Doctor of Business Administration _ By PHAM THI TUYET NHUNG (ANNA) December 2013 i APPROVAL SHEET The Dissertation of PHAM THI TUYET NHUNG entitled IMPACT ASSESSMENT OF FOREIGN DIRECT INVESTMENT (FDI) ON THE ECONOMY OF HUNG YEN PROVINCE (1998-2010) Submitted in Partial Fulfilment of the Requirements for the Degree DOCTOR OF BUSINESS ADMINISTRATION A program offered by Southern Luzon State University, Republic of the Philippines in collaboration with Thai Nguyen University, Socialist Republic of Vietnam has been approved by Oral Examination Committee WALBERTO A MACARAAN, EdD Expert CONRADO L ABRAHAM, PhD Expert MELCHOR MELO O PLACINO, PhD Expert EDWIN P BERNAL, DBA External Panel CECILIA N GASCON, PhD Chairman Endorsed by: Recommended by: TRAN CHI THIEN, PhD Adviser APOLONIA A ESPINOSA, PhD Dean Accepted in Partial Fulfilment of the Requirements for the Degree Doctor of Business Administration _ Date WALBERTO A MACARAAN, EdD Vice President for Academic Affairs ii CERTIFICATE OF ORIGINALITY This is to certify that the dissertation entitled: “IMPACT ASSESSMENT OF FOREIGN DIRECT INVESTMENT (FDI) ON THE ECONOMY OF HUNG YEN PROVINCE (1998-2010)”, orally defended under the DBA Program jointly offered by Southern Luzon State University of the Republic of the Philippines and Thai Nguyen University of the Socialist Republic of Vietnam, embodies the result of original and scholarly work carried out by the undersigned This dissertation does not contain words or ideas taken from published sources or written works by other persons which have been accepted as basis for the award of any degree from other higher education institutions, except where proper referencing and acknowledgement were made PHAM THI TUYET NHUNG Candidate Date Orally Defended: June 24, 2013 iii ACKNOWLEDGMENT Throughout the course of research leading to the completion of this dissertation, the researcher would like to express her deep gratitude to the following persons who have supported her with tremendous help in one way or another: Associate Professor, Dr Tran Chi Thien, her advisor, for his invaluable thoughts, insightful suggestions and useful guidance throughout the writing of the dissertation; Committee Members, for their propositions, valuable comments, and constructive suggestions, which were of substantial value to this study; Professors of Southern Luzon State University (SLSU) and Thai Nguyen University (TNU), for their insightful lectures in different subjects that provided her knowledge and technique to develop a good research Friends and colleagues, for their meaningful discussion, hospitality and friendship; Finally, her parents, her husband, her sons and her brother, who always encourage and help her in every situation They have been a great source of encouragement, enhancing her strength to overcome difficulties during the completion of the DBA program Pham Thi Tuyet Nhung iv DEDICATION This intellectual endeavor is wholeheartedly dedicated to my friends and colleagues, my parents, my husband, my sons and my brother Pham Thi Tuyet Nhung v TABLE OF CONTENTS PAGE TITLE PAGE ……………………………………………………………… i APPROVAL SHEET ……………………………………………………… ii CERTIFICATE OF ORIGINALITY ……………………………………… iii ACKNOWLEDGMENT ………………………………………………… iv DEDICATION ……………………………………………………………… v TABLE OF CONTENTS ………………………………………………… vi LIST OF TABLES ………………………………………………………… viii LIST OF FIGURES ……………………………………………………… ix LIST OF APPENDICES ………………………………………………… x ABSTRACT ………………………………………………………………… xi CHAPTER I II III IV INTRODUCTION …………………………………………… Background of the Study ………………………………… Objectives of the Study …………………………………… Hypothesis of the Study …………………………………… Significance of the Study ………………………………… Scope and Limitations of the Study ……………………… Definition of Terms ………………………………………… REVIEW OF LITERATURE ……………………………… Theoretical Framework ………………………………….… 29 METHODOLOGY Research Design …………………………………………… 30 Data Gathering Procedure ………………… …………… 32 Statistical Treatment ………………… …………………… 33 Analytical Framework …….……………………….…….… 44 RESULTS AND DISCUSSIONS ………………………… 46 vi V SUMMARY, CONCLUSIONS AND RECOMMENDATIONS Summary ……………….…………………………………… 79 Conclusions ………………………………………………… 79 Recommendations ………………………………………… 80 REFERENCES …………………………………………………………… 82 APPENDICES …………………………………………………………… 87 CURRICULUM VITAE …………………………………………………… 95 vii LIST OF TABLES TABLE PAGE Comparison of the Component Indicators of PCI of Hung Yen Province to the Highest Score of Vietnam in 2010 … 49 Comparison of the Component Indicators of PCI of Hung Yen Province to the Highest Score of Vietnam In 2012 … 50 Summary of ADF Unit Root Test Result …………………… 53 Summary of PP Unit Root Test Result ……………………… 54 The Result of the Model (I) Estimation ……………………… 56 The Result of the Serial Correlation Test in Model (I) …… 58 The Result of the Heteroskedasticity Test in Model (I) …… 59 Result of the Model’s (II) Estimation ………………………… 61 Result of the Serial Correction Test in Model (II) ………… 63 10 The Result of the Heteroskedasticity Test in Model (II) …… 64 11 The Result of the Model (III) Estimation …………………… 66 12 The Result of the Serial Correction Test in Model (III) …… 68 13 The Result of the Heteroskedasticity Test in Model (III) … 69 14 The Result of the Model (IV) Estimation …………………… 70 15 Result of the Serial Correction Test in Model (IV) ………… 73 16 Result of the Heteroskedasticity Test in Model (IV) ……… 74 17 Summary of the Result of the OLS Estimation …………… 76 18 The Result of Projection ……………………………………… viii 78 LIST OF FIGURES FIGURE PAGE Foreign Direct Investment in Vietnam from 1988-2012 …… 17 Rate of the Implemented FDI capita in Vietnam in 19882012 ……………………………………………………………… 17 Theoretical Framework ……………………………………………… 29 Analytical Framework ………………………………………… 44 PCI of Hung Yen Province from 2005-2012 ………………… 48 Impact of PCI on FDI Inflows in Hung Yen Province ……… 51 The Development Trends of Variables ……………………… 52 Result of the Normal Distribution Test for Residual in Model (I) ………………………………………………………………… 57 The Result of the Normal Distribution Test for Residual in Model (II) ………………………………………………………… 62 The Result of the Normal Distribution Test for Residual in Model (III) ……………………………………………………… 67 The Result of the Normal Distribution Test for Residual in Model (IV) ……………………………………………………… 72 10 11 ix LIST OF APPENDICES APPENDIX PAGE A Provincial Competitiveness Index of Hung Yen Province 88 B Correlation Matrix of Variables …………………………… 89 C Data on the Indicators in Hung Yen Province …………… 90 D FDI in Vietnam for the Period 1988-2012 ………………… 91 E Descriptive Statistics of Variables ………………………… 92 F FDI inflows in Vietnam by Province up to December 2012 93 ` x 81 should: (1) Because the FDI inflows of Hung Yen province were not clearly affected by the PCI for the period of 2005-2012, there is a need to study for a longer time (2)To reform administration to help the land access and tenure of the FDI enterprises is easy and stability, the time costs of the FDI enterprises is the lowest and the legal institutions of the FDI enterprises is fair (3) Quickly increase the rate of trained labors in the economy, particularly in domestic enterprises, to meet the requirement for a high-skill labor force of high-tech industries Since high- skill labor intensive technologies can bring about more FDI capital that in turn help to improve CPI and increase RGDP and Export (4) To improve the management capability of the province, improve the investing environment to attract more FDI in the competitive global context 82 REFERENCES Ahn, Y.S., Adji, S.S and Willett, T.D (1998) “The effect of inflation exchange rate policies on direct investment to developing countries” International Economic Journal 12(1), 95-104 Alfaro L (2003), Foreign Direct Investment and Growth: Does the sector matter? Harvard Business School, the USA Alfaro L et al (2003), “FDI and economic growth: the role of local Financial market” Journal of international economics volume 64 Alt F.F (1942), “Distributrd Lags”, Econometrica, vol.10, pp.113-128 Anokye M A and George T (2009), Foreign Direct Investment and Stock Market Development: Ghana’s Evidence, International Research Journal of Finance and Economics Issue 26 Asiedu, E (2006), “Foreign Direct Investment in Africa: The Role of Natural resources”, Applied Economics, Vol.40, Iss.19, pp.2443-2450 Asiedu and Brempong (2000), “The Effect of the Liberalization of Investment Policies on Employment and Investment of Multinational Corporations in Africa”, The Authors Journal compilation C African Development Bank 2008 Published by Blackwell Publishing Ltd, 9600 Garsington Road, Oxford OX4 2DQ, UK and 350 Main Street, Malden, MA 02148, USA Buckley P J., Clegg J and Wang C (2002), “The impact of inward FDI on the performance of Chinese manufacturing firms,” Journal of International Business Studies, 33(4), 637–655 Bui Manh Dat (2009), FDI in Hung Yen, A Report for Graduation, online: www.thuvienluanvan.com Busse M and Groizard J.L (2006) “Foreign Direct Investment, Regulations and Growth”, World Bank Policy Research Working Paper No 3882, April 2006 Carkovic M and Levine R (2002), “Does foreign direct investment accelerate economic growth?”, University of Minnesota Department of finance ‘working paper’ Online www.ssrn.com Caves R E (1971), International corporations: The industrial economics of foreign investment Economica, 38 (149): 1-27 Choe J.I (2003) “Do Foreign Direct Investment and Gross Domestic Investment promote Economic Growth?”, Review of Development Economics, vol 7, pp 83 Chowdhury A and Mavrotas G (2003) “FDI and growth: what causes what”, Wider Conference Online www.winder.unu.edu Cresswell J.W., Trout S., Barbuto J.E (2004) A decade of mixed methods writing: a Retrospective, http://www.aom.pace.edu/rmd/2002forum/retrospect.pdf Damodar N Gujarati (2004), Basic Econometrics, 4th Edition, McGraw Hill Denzin N.K (1978) The research act, 2nd Edition, New York: McGraw-Hill Dickey D.A and Fuller W.A (1979), “Distribution of the Estimators for Autoregressive Time Series with a Unit Root”, Journal of the American Statistical Association, vol.74 Doan Ngoc Phuc (2004), FDI in Vietnam- Current status, problems and prospects, Journal of Economic Research, No 315-2004, Hanoi, Vietnam Do Minh Tri (2010), The solutions of the FDI attraction in Hung Yen: A Thesis for the master degree in business administration, Hanoi University of Agriculture Dunning, J.H (2000), “The eclectic paradigm as an envelope for economic and business theories of MNE activity”, International Business Review, Vol.9, Iss.2, pp.163-185 Engle F.R and Granger W.C 1987 “Cointegration and Error Correction: Representation, Estimation and Testing”, Econometrica, vol 55, pp 251-276 Freeman N J (2002) Foreign Direct Investment in Vietnam: An Overview Fielding N and Schreier M (2001) Introduction: On the Compatibility between Qualitative and Quantitative Research Methods, Forum Qualitative Sozialforschung/Forum: Qualitative Social Research Online Journal, (1), http://www.qualitative-reseach.net/fqs-texte/1-01/101hrsg-e.htm Granger C (1969) Investigating Casual Relationship by Econometric Models and Cross Spectral Methods Econometrica, 37, 424-458 Haddad M and Harrison A (1993), Are there positive spillovers from direct foreign investment? Evidence from panel data for Morocco, Journal of Development Economics 42 (1993)51-74, North-Holland Hansen H and Rand J (2004) “On the casual link between FDI and growth in developing countries”, Discussion papers, Institute of Economics, University of Copenhagen, Denmark 84 Hippert, C (2002) Multinational corporations, the politics of the world economy and their effects on women's health in the developing world: A review, Health Care for Women International, 23, p 861-869 Hollenstein, H (2005), “Determinants of International Activities: Are SMEs Different?”, Small Business Economics, Vol.24, pp.431-450 Jacque C.M and Bera A.K.(1987), “A test for normality of observations and regression residuals” International Statistical Review 55 (2), pp 163172 Khan A (2007), “Foreign Direct Investment and Economic Growth: The role of Domestic Financial sector”, PIDE Working Paper Kiss, Y (2003) System changes, export-oriented growth and women in Hungary, Europe-Asia Studies, 55(1), 3-37 Kerlinger F.N and Lee H.B (2000) Foundations of behavioral research New York: Harcourt College Publishers Kumar N and Pradhan J.P (2002), Foreign Direct Investment, Externalities and Economic Growth in Developing Countries: Some Empirical Explorations and System for Developing Countries, New Delhi, India Lall S (2002), FDI and development: research issues in the emerging context Edited by Bora B (2002) Foreign Direct Investment Research Issues, Routledge London, New York Le Thi Nga (2008), FDI for the economic development of Ba Ria - Vung Tau province, the master thesis, Ho Chi Minh City University of Education Li Xiaoying and Liu Xiaming (2004), “Foreign Direct Investment and Economic Growth: An Increasingly Endogenous Relationship,” World Development, vol 33, pp 393-407 Maria Carkovic and Ross Levine (2002) Mencinger J (2003) Does foreign direct investment always enhance economic growth? EIPF and University of Ljubljana, Slovenia Mouton J and Marias H.C (1990) Basic concepts in the methodology of the social sciences Pretoria: Human Sciences Research Council Mouton L (1996) Understanding Social Research Pretoria: J.L van Schaik MPI (2003), Report on FDI implementation in 2003, the Ministry of Planning and Investment, www.mpi.gov.vn Mwlima N (2003) “Foreign direct investment in Africa”, Labor resources and research institute (LaRRI) South Africa 85 Nguyen Mai (2003), FDI and economic growth in Vietnam, Investment newspaper, 24/12/2003 Nguyen Nhu Binh and Haughton J (2002) Trade Liberalization and Foreign Direct Investment in Vietnam, ASEAN Economic Bulletin, Vol 19(3), pp 302-318 Nguyen Thanh Xuan and Xing Y (2006), Foreign Direct Investment and Exports: The Experience of Vietnam, Working Paper No EDP06-11, Graduate School of International Relations, International University of Japan Nguyen Thi Huong and Bui Huy Nhuong (2003), The lessons from the comparing FDI policies in Vietnam and China, Economy and development magazine, No 68-2003 Nguyen Thi Lien Hoa (2002), To build a investment itinerary to attract FDI capital in Vietnam, Economic Development magazine, 9-2002 Nguyen Thi Phuong Hoa (2004), Foreign Direct Investment and its Contributions to Economic Growth and Poverty Reduction in Vietnam (1986-2001), Peter Lang, Frankfurt am Main, Germany Nguyen Thi Tue Anh, Vu Xuan Nguyet Hong, Tran Toan Thang and Nguyen Manh Hai (2006) The Impacts Of Foreign Direct Investment On The Economic Growth In Vietnam: A research report Nuzhat F (2009), Impact of Foreign Direct Investment on Economic Growth in Pakistan, International Review of Business Research Papers Vol No 5, September 2009 OECD (2002), Foreign direct investment for development: Maximizing benefit Organization for Economic Co-operation and Development, Paris Pardeep A (2000), Economic impact of foreign direct investment in South Asia, Indira Gandhi Institute of Development Research, Philips P.C.B and Perron P (1988), “Testing for a Unit Root in Time Series Regression:, Biometrika,75,335-346 Phung Quoc Chi (2004) Foreign direct investment in Hung Yen: Situation and Solutions, Thesis for the master degree in business administration, VNU University of Economic and Business Qazi Muhammad Adnan Hye, (2011), “Financial development index and economic growth: empirical evidence from India” The Journal of Risk Finance Vol 12 No 2, 2011 pp 98-111 86 Ragnar F (1934), Statistical Confluence Analysis by Means of Complete Regression Systems, Institute of Economics, Oslo University, publ no 5, 1034 Ramsey, J B (1969) “Tests for Specification Errors in Classical Linear Least Squares Regression Analysis,” Journal of the Royal Statistical Society, Series B, 31, 350–371 Ray P.K (2005) FDI and industrial organization in developing countries: The challenge of globalization in India, Ashgate cop Rondinelli, D (2002) Transnational corporations: International citizens or new sovereigns? Business and Society, Review, 107(4), 391-413 Schurink E.M (2003) Doctoral Program Theory Building Module notes, Johannesburg, RAU Sorsa P (2003) Financial Stability and Growth in Emerging Economies: The Role of the Financial Sector, Ed Jan Joost Teunissen and Mark Teunissen Tahir, R., & Larimo, J (2004), “Understanding the Location Strategies of the European Firms in Asian Countries”, The Journal of American Academy of Business, Vol.5, Iss.1.2, pp.102-109 Tinbergen J (1949), “Long-Term Metroeconomica, vol.1 pp.174-185 Foreign Trade Elasticities”, Townsend I (2003) ‘‘Does Foreign Direct Investment accelerate economic growth in less developed countries?”, (Online: www.stolaf.edu) Wu, Jyun-Yi and Hsu Chih-Chiang (2008), Does Foreign Direct Investment Promote Economic Growth?, Evidence from a Threshold Regression Analysis, Economics Bulletin, Vol 15, No 12 July 23, 2008 White H (1980) “A Heteroskedasticity-Consistent Covariance Matrix and a Direct Test for Heteroskedasticity,” Econometrica, 48, 817–838 World Bank (2005), World Development Report "A Better Investment Climate For Everyone", The World Bank, Washington D C., 2005 www.pcivietnam.org 87 APPENDICES 88 Appendix A Provincial Competitiveness Index of Hung Yen Province Year PCI score PCI ranking PCI tier 2005 60.03 15 Mid-high 2006 55.97 16 Mid-high 2007 57.47 26 Mid-high 2008 57.53 20 Mid-high 2009 61.31 24 Mid-high 2010 49.77 61 Mid-low 2011 59.29 33 Mid-high 2012 58.01 28 Mid-high Source: www.pcivietnam.org 89 Appendix B Correlation Matrix of Variables RGDP FDI T L RGDP 0.9461437 FDI 0.9461437 0.9746891 0.957221 0.946 T 0.9630754 0.974689 0.9646588 0.9708521 L 0.99264472 0.957221 0.9646588 0.9870194 E 0.98697195 0.946 0.9708521 0.9870194 0.9630754 0.99264472 E 0.98697 Source: Calculation of the author by Eviews software 90 Appendix C Data on the Indicators in Hung Yen Province Year RGDP FDI DI Export FDI Tax FDI Labor 1998 2,341,940 125,000 869,150 20,631 918 1999 2,681,238 204,372 1,149,254 2,078 39,835 1,204 2000 2,978,190 184,339 1,326,569 1,010 39,170 1,350 2001 3,302,923 75,185 1,867,888 1,010 56,296 1,266 2002 3,702,607 279,636 2,281,951 3,136 59,186 3,188 2003 4,165,720 408,419 2,783,009 7,580 71,138 9,570 2004 4,705,168 422,634 3,799,355 17,088 85,533 10,535 2005 5,312,081 452,394 4,756,328 20,362 101,511 13,234 2006 6,040,707 946,998 5,207,415 24,342 135,259 16,533 2007 6,871,187 1,207,577 6,023,423 33,066 233,494 21,070 2008 7,718,937 843,287 7,352,093 45,925 221,597 23,828 2009 8,259,730 1,511,929 8,630,674 52,866 289,597 26,947 2010 9,259,710 1,897,820 10,580,060 61,328 398,986 33,500 Source: The Hung Yen Statistical Department 91 Appendix D FDI in Vietnam for the Period 1988-2012 Year Number of projects Registered capital (billion of USD) Implemented capital (billion of USD) 1988 37 341.7 1989 67 525.5 1990 107 735.0 1991 152 1291.5 328.8 1992 196 2208.5 574.9 1993 274 3037.4 1017.5 1994 372 4188.4 2040.6 1995 1996 415 372 6937.2 10164.1 2556.0 2714.0 1997 349 5590.7 3115.0 1998 285 5099.9 2367.4 1999 327 2565.4 2334.9 2000 2001 391 555 2838.9 3142.8 2413.5 2450.5 2002 2003 808 791 2998.8 3191.2 2591.0 2650.0 2004 811 4547.6 2852.5 2005 970 6839.8 3308.8 2006 987 12004.0 4100.1 2007 1544 21347.8 8030.0 2008 1557 71726.0 11500.0 2009 1208 23107.3 10000.0 2010 1237 19886.1 11000.0 2011 1193 15356 11000 2012 1100 13013.34 10460 Source: Ministry of Planning and Investment portal (MPI) 92 Appendix E Descriptive Statistics of Variables RGDP FDI T L E Mean 5180011 658430.0 134787.2 12549.46 20753.15 Median 4705168 422634.0 85533.00 10535.00 17088.00 Maximum 9259710 1897820 398986.0 33500.00 61328.00 Minimum 2341940 75185.00 20631.00 918.0000 0.000000 Std Dev 2278524 580463.1 116080.9 11104.37 21471.26 Skewness 0.431360 0.922134 1.065768 0.479315 0.693388 Kurtosis 1.885431 2.630845 2.996727 1.970769 2.096675 Jarque-Bera 1.076048 1.916200 2.461040 1.071573 1.483703 Probability 0.583901 0.383621 0.292141 0.585209 0.476231 Sum 67340138 8559590 1752233 163143.0 2.70E+10 Sum Sq Dev 6.23E+13 4.04E+12 1.62E+11 1.48E+09 5.53E+19 Observations 13 13 13 13 13 Source: Calculation of the author by Eviews software 93 Appendix F FDI inflows in Vietnam by Province up to December 2012 No 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 Province Ho Chi Minh City Ba ria - Vung tau Ha Noi Dong Nai Binh Duong Ha Tinh Hai Phong Thanh Hoa Phu Yen Hai Duong Quang Nam Quang Ninh Bac Ninh Quang Ngai Đa Nang Long An Kien Giang Gas Vinh Phuc Hung Yen Thua Thien-Hue Tay Ninh Bac Giang Nghe An Bình Thuận Tien Giang Khanh Hoa Ninh Binh Lao Cai Can Tho Ca Mau Ninh Thuan Binh Phuoc Binh Đinh Hau Giang Ha Nam Lam Đong Phu Tho Hoa Binh Ben Tre Thai Binh Nam Đinh Lang Son Thai Nguyen Number of projects Registered capital (USD) Chartered capital (USD) 4235 291 2461 1106 2252 46 371 44 57 274 79 97 297 23 239 448 32 49 148 240 67 200 100 33 100 51 88 27 35 59 29 103 52 12 55 114 79 30 31 32 41 30 32 32,254,488,099 26,338,986,818 21,207,716,809 20,124,421,541 17,551,955,734 8,447,113,000 7,358,773,614 7,150,235,144 6,531,204,438 5,377,129,794 4,984,233,719 4,199,339,554 4,164,325,552 3,814,218,479 3,627,576,036 3,544,533,856 3,050,839,976 2,753,691,815 2,466,927,298 2,119,413,392 1,948,304,938 1,627,481,286 1,587,844,697 1,543,728,529 1,473,442,568 1,072,713,528 1,030,227,341 938,082,878 855,286,322 801,090,186 780,600,000 775,641,566 765,418,000 693,010,000 680,266,666 508,467,490 497,336,064 454,902,066 317,660,391 255,491,518 251,262,206 249,273,579 192,503,586 148,414,337 11,788,913,840 7,315,323,140 7,627,776,543 7,870,916,725 6,460,833,979 2,840,717,630 2,477,859,148 518,958,987 1,473,136,655 1,615,151,490 1,229,309,806 1,155,757,220 892,687,432 637,757,449 1,655,201,737 1,423,807,201 1,437,599,850 2,386,691,815 723,249,269 796,732,175 484,299,035 999,278,795 1,144,323,320 249,273,308 430,118,900 388,139,732 313,966,666 258,006,594 281,895,857 722,856,072 6,500,000 254,819,678 449,214,380 288,098,000 395,466,666 168,593,165 236,287,792 255,615,205 103,500,157 157,319,927 87,684,582 153,709,322 130,340,314 102,541,405 94 No Province Number of projects Registered capital (USD) Chartered capital (USD) 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 Đac Lac Tra Vinh Vinh Long An Giang Tuyen Quang Son La Yen Bai Bac Lieu Gia Lai Kon Tum Quang Tri Đong Thap Quang Binh Cao Bang Soc Trang Đac Nong Bac Can Ha Giang 31 23 20 10 19 17 12 16 16 14 10 146,368,750 130,263,596 127,774,240 123,590,190 120,602,026 116,379,684 99,976,995 89,175,370 85,651,616 71,950,000 67,689,500 46,830,537 34,783,800 34,625,000 30,043,000 19,659,000 17,905,667 13,306,886 11,168,750 76,640,596 85,764,240 58,951,817 24,479,630 16,072,000 65,769,111 71,919,411 21,810,000 71,950,000 26,217,100 40,970,537 15,213,800 29,200,000 16,763,000 9,051,770 8,437,667 9,313,012 63 Lai Chau 4,001,136 3,001,136 95 CURRICULUM VITAE I Personal Information Name : PHAM THI TUYET NHUNG Birthdate : May 23, 1971 Birthplace: Hung Yen province Nationality: Vietnam Sex/ Marital Status: Female/ marriage Contact address: • Current residence • Phone: o Mobile • No.22/1002 Lang street – Hanoi- Vietnam 09-86-651-934 Email address: nbibach@yahoo.com.vn II Educational Qualification Institution Date from Date to Degree(s) or Diploma(s) obtained: Hanoi National University Education 2000-2002 Degree, Master of Mathematics Hanoi National University Education 1993 -1995 Bachelor of Information and Technology Hanoi National University Education 1988 -1992 Degree of Bachelor of Mathematics III Experiences Year Employed : 20 Position : Lecturer Agency Name : University of Labor and Social Affairs (ULSA) Address : No 43, Tran Duy Hung street- Hanoi- Vietnam ... Generation, Export and FDI Labor are often considered the indicators to evaluate the contribution of FDI on the economy of a province The main purpose of the study is to investigate impacts of FDI on. .. objectives of the study are: Investigate the effect of PCI on FDI inflows in Hung Yen Province Assess the contribution of FDI on the economy of Hung Yen Province in terms of economic indicators... SHEET The Dissertation of PHAM THI TUYET NHUNG entitled IMPACT ASSESSMENT OF FOREIGN DIRECT INVESTMENT (FDI) ON THE ECONOMY OF HUNG YEN PROVINCE (1998- 2010) Submitted in Partial Fulfilment of the