Search

Begin New Search Topic Economics Political Geography Vietnam

1. The impact on developing economies of WTO dissolution

Author:
Lloyd Barton
Publication Date:
07-2025
Content Type:
Special Report
Institution:
Oxford Economics
Abstract:
This report revisits the analysis presented in our April 2024 paper on the potential impact of WTO dissolution, drilling down to quantify national-level impacts for a sample of ten developing economies. Our previous report (The economic impact of abandoning the WTO) focused on presenting aggregated results for developing countries by region and income level. This report drills down to quantify impacts for a sample of ten individual countries: Brazil, Cameroon, China, Egypt, Guatemala, Indonesia, India, South Africa, Turkey, and Vietnam. These countries provide a rich, varied sample that captures the complexity of trade policy in the developing world. Their diversity in geography, economic size, policy orientation, and development stage allows for a nuanced analysis of how WTO dissolution could potentially influence pathways to higher incomes, poverty reduction and economic resilience. Our analysis reinforces the importance of ensuring the WTO can adapt to new trade realities and continue to function as an effective global trade body.
Topic:
Economics, Poverty, Trade, Economic Development, and WTO
Political Geography:
China, Indonesia, Turkey, India, South Africa, Brazil, Vietnam, Egypt, Guatemala, and Cameroon

2. From Close Allies to Distant Comrades: The Ups and Downs of the Vietnam-North Korea Relationship

Author:
Khang X. Vu
Publication Date:
03-2023
Content Type:
Special Report
Institution:
East-West Center
Abstract:
In 2019, more than five decades after North Korean President Kim Il-sung’s last official trip to Vietnam in 1964, Kim’s grandson, North Korean Chairman Kim Jong-un, visited the country at the invitation of the Communist Party of Vietnam General Secretary Nguyen Phu Trong. In a welcoming speech, Trong described the relationship, “although the road is long, our hearts are close.” Kim responded to Vietnamese hospitality, saying North Korea would “staunchly preserve and forever honor the North Korea-Vietnam friendship from generation to generation.” Vietnam and North Korea are among the world’s last five communist party states, along with China, Laos, and Cuba. As such, it is no surprise that the two leaders emphasized common communist values and a shared history of struggle against US imperialism in their speeches. Still, despite the amicable words extolling the longevity of the traditional friendship, both leaders avoided mention of Vietnam’s conflict with the North Korea-backed Khmer Rouge and subsequent occupation of Cambodia from 1978 to 1989. Vietnam’s war with Cambodia was a facet of intra-communist bloc conflicts that spanned the whole of East Asia. Despite Hanoi and Pyongyang’s shared communist ideology, intra-bloc tensions eroded the friendship between the two nations. What were the reasons behind this dramatic shift in bilateral relations?
Topic:
International Relations, Economics, Politics, and Bilateral Relations
Political Geography:
Asia, North Korea, and Vietnam

3. Entry Mode Choice and Performance of Foreign Direct Investment Firms in Emerging Economies: Micro-evidence from Viet Nam

Author:
Linh Bui, Huyen Hoang, and Hang Bui
Publication Date:
03-2022
Content Type:
Working Paper
Institution:
Economic Research Institute for ASEAN and East Asia (ERIA)
Abstract:
Does the right entry mode choice help foreign direct investment (FDI) firms to perform efficiently in emerging economies? This study attempts to answer this question by examining the impact of the entry mode choice made by FDI firms on their post-entry performance in emerging markets. Using a dataset derived from specific firms for the period 2002–2016, this study accounts for the selection biases and inherent differences of FDI firms that affect their selection of entry strategies. The study found that, with regard to the manufacturing sector, the ownership type with a wholly owned subsidiary (WOS) had negative impacts on either the technical efficiency or the total factor productivity (TFP) of firms. Conversely, regarding all sectors in the economy, the WOS is likely to have a positive role on technical efficiency and TFP. It is also interesting to see that for firms with an equity joint venture (EJV) type, the higher proportion of capital contribution from domestic firms might lead to lower technical efficiency and TFP. It implies that the higher degree of management and control by the domestic firms compared with foreign firms would have negative impacts on the EJV firms’ performance.
Topic:
Economics, Foreign Aid, Foreign Direct Investment, and Emerging Powers
Political Geography:
Asia and Vietnam

4. Economic Security in Emerging Markets: A Look at India, Vietnam, and Indonesia

Author:
Matthew Goodman, Matthew Reynolds, and Julianne Fittipaldi
Publication Date:
05-2022
Content Type:
Policy Brief
Institution:
Center for Strategic and International Studies (CSIS)
Abstract:
With the outbreak of the Covid-19 pandemic, supply chain resilience has emerged as a policy priority of the United States and its allies. The issue of supply chains has also raised the profile of emerging economies that offer possible alternatives to China as production platforms for multinational firms. This report surveys economic security policy developments in three major emerging economies: India, Vietnam, and Indonesia. It finds that all are attempting to take advantage of this new focus on supply chain resilience, while (to varying degrees) balancing the economic security risks posed by China’s rise. The United States and its allies have an opportunity to work with these emerging economies to shape their decisions about trade, investment, and technology policies in ways that promote mutual economic security and enhance international economic rules and norms.
Topic:
Security, Economics, Emerging Markets, International Trade and Finance, and Markets
Political Geography:
Indonesia, India, Asia, Vietnam, and Asia-Pacific

5. Vietnam Tacks Between Cooperation and Struggle in the South China Sea

Author:
International Crisis Group
Publication Date:
12-2021
Content Type:
Special Report
Institution:
International Crisis Group
Abstract:
Together with the Philippines, Vietnam is on the front line of maritime disputes with China. The risk of armed confrontation is low but growing. Hanoi should redouble efforts to build confidence, starting with less sensitive issues, and to establish an effective Code of Conduct.
Topic:
Economics, Regional Cooperation, Maritime, Conflict, and Peace
Political Geography:
China, Asia, and Vietnam

6. Geopolitical Competition in the Indo-Pacific: The Mekong Region

Author:
Fabio Figiaconi
Publication Date:
04-2020
Content Type:
Commentary and Analysis
Institution:
Italian Institute for International Political Studies (ISPI)
Abstract:
In the last decade, the Mekong Region (MR) — that is, the area crossed by the Mekong River and encompassing Myanmar, Thailand, Laos, Cambodia and Vietnam — has become central to the strategies of major global powers due to a series of economic and geopolitical factors. The most prominent are the region’s growing importance in global trade routes, its geographical proximity to major hotspots (such as the South China Sea and the Malacca Strait) and China’s growing regional activism. The growing importance of the MR in global dynamics spurred several actors to develop specific strategies. While liberal democracies such as the United States (US) and Japan both created regional fora for policy discussions as well as development funds, China increased its presence by offering loans, constructing infrastructures and creating a specific regional institution. Due to the mounting competition, the MR is set to become a major geopolitical hotspot in the Indo-Pacific region.
Topic:
Economics, Geopolitics, and Strategic Competition
Political Geography:
Vietnam, Cambodia, Thailand, Laos, Myanmar, and Indo-Pacific

7. ASEAN’s Looming Anxiety

Author:
Kitti Prasirtsuk
Publication Date:
06-2020
Content Type:
Journal Article
Journal:
Joint U.S.-Korea Academic Studies
Institution:
Korea Economic Institute of America (KEI)
Abstract:
The rise of China generally presents both opportunities and challenges, particularly in economic terms. In the past several years, new kinds of challenges have been emerging and are looming larger in ASEAN countries. While ties with Beijing are, by and large, cordial, there are several signs that relations below the state level are increasingly worrisome. First, Chinese foreign direct investment (FDI) is largely not oriented towards manufacturing. A considerable amount tends to be in non-real sectors, such as real estate and casinos, which may not generate much employment and can be unhealthy to local economies. Second, the way Chinese businesses expand tends to be predatory, as demonstrated in tourism-related businesses and the acquisitions of fruit businesses in Thailand. As a consequence, new Chinatowns are emerging as more Chinese are moving into the region. Third, even business expansion through the Chinese government, e.g., the train projects, is far from smooth. ASEAN countries find themselves in uneasy deals – including onerous loan terms, undue requests for land usage along the train lines, stringent technology transfers, and imported Chinese labor. Moreover, the recent COVID-19 outbreak reveals not only the fragility of economic overdependence on China, but also public resentment towards the Chinese. Overall, the relations at the level of business and the people are far from promising, which can become a risk factor in state-to-state relations. The situation apparently demands good management from both Beijing and the counterpart governments.
Topic:
International Relations, Foreign Policy, Economics, ASEAN, COVID-19, and Real Estate
Political Geography:
China, Malaysia, Asia, Vietnam, and Southeast Asia

8. Incentivising Pro-Labour Reforms

Author:
Alice Evans
Publication Date:
03-2019
Content Type:
Working Paper
Institution:
The John F. Kennedy School of Government at Harvard University
Abstract:
This paper shows that countries may reduce labour repression if they perceive this as conducive to export growth. This paper traces what happened before, in the presence of, and then following the withdrawal of international economic incentives for pro-labour reforms in Vietnam and Bangladesh. The Government of Vietnam announced it would allow independent trade unions, in order to join the Trans-Pacific Partnership (TPP) and increase market access. Similarly, the Government of Bangladesh rescinded restrictions on unions, following global condemnation of Rana Plaza and fear of buyers leaving en masse. Both governments reduced labour repression to promote export growth. With high-level authorisation, Vietnamese and Bangladeshi activists and reformists became less fearful, and mobilised for substantive change. However, these economic incentives were short-lived: after Trump’s election, the USA withdrew from TPP; buyers continued to source from Bangladesh, and squeezed prices (without requiring labour reforms). Both governments then amped up labour repression - notwithstanding private regulation, economic upgrading, industry growth, and mass strikes.
Topic:
Economics, Labor Issues, Reform, Economic Growth, and Trans-Pacific Partnership
Political Geography:
Bangladesh, South Asia, and Vietnam

9. Characteristics of the Vietnamese business environment: Evidence from a SME survey in 2015

Author:
Kasper Brandt, John Rand, Smriti Sharma, Finn Tarp, and Neda Trifković
Publication Date:
11-2016
Content Type:
Special Report
Institution:
United Nations University
Abstract:
This is the sixth time that the collaborative small and medium enterprise (SME) panel survey has been conducted among formal and informal manufacturing firms in Viet Nam. The results of previous survey rounds, those of 2005, 2007, 2009, 2011, and 2013 were a motive for UNU-WIDER to approve and take the lead in collaboration with the Institute of Labour Science and Social Affairs (ILSSA) of the Ministry of Labour, Invalids and Social Affairs (MOLISA), the Department of Economics (DoE) of the University of Copenhagen, and the Central Institute of Economic Management (CIEM), to implement another survey in 2015. The 2015 fieldwork behind this report consisted of face-to-face interviews that were implemented in June, July, and August. Just over 2,600 small and medium-sized non-state enterprises operating in the manufacturing sector were interviewed in ten provinces, namely the cities of Ha Noi, Hai Phong and Ho Chi Minh City (HCMC), and Ha Tay, Phu Tho, Nghe An, Quang Nam, Khanh Hoa, Lam Dong and Long An provinces. The present report is based on the information about enterprises that were interviewed since 2005 and new enterprises that were added as a replacement for those that exited the survey. The SME biannual surveys referred to above are a result of collaborative research efforts on collecting and analysing data representative of the private sector in Viet Nam. This means that not only large or formally registered enterprises are included in the survey. As such, the SME survey builds on the existing databases created through other initiatives in Viet Nam, aiming to collect data and gain an understanding of the SME dynamics in Viet Nam. The present report aims to provide researchers and policy makers with an overview of key facts from the 2015 survey round, comparing as appropriate with data from 2013 and earlier years. The report does not contain a complete description of the full range of information available in the dataset. We encourage readers to explore the questionnaires that were used in the collection of data (available online) to see all the issues addressed. Several in-depth studies of selected issues on the Vietnamese private sector economy, exploiting the database, are underway. Subsequent studies will make use of the fact that a sample of approximately 2,600 SMEs is available, including a representative panel dating back to 2005.
Topic:
Economics, Business, Statistics, and Survey
Political Geography:
Vietnam and Southeast Asia

10. Should Korea Join the Trans-Pacific Partnership?

Author:
Jeffrey J. Schott and Cathleen Cimino
Publication Date:
09-2014
Content Type:
Policy Brief
Institution:
Peterson Institute for International Economics (PIIE)
Abstract:
The negotiation of the Trans-Pacific Partnership (TPP), a megaregional agreement to lower barriers to trade and investment and promote economic integration in the Asia-Pacific region, has been a dynamic process with a number of countries joining the talks in midstream. Since negotiations began in March 2010, participation in the TPP talks has expanded several times to include Malaysia (October 2010), Vietnam (December 2010), Canada and Mexico (October 2012), and Japan (July 2013). In November 2013, Korea announced its interest in participating in the TPP and began consulting with the countries involved. The TPP now has 12 participants. Korea is still considering whether to become lucky 13.
Topic:
Economics, International Trade and Finance, and Bilateral Relations
Political Geography:
Malaysia, Canada, Asia, Vietnam, Korea, and Mexico