This book analyses and evaluates the question, in how far the creation of the Asian Free Trade Area (AFTA) brought economic benefits to the ASEAN country Vietnam. To evaluate this question the impacts of AFTA on Vietnam’s trade and their foreign direct investment (FDI) are evaluated and in a further step the question analysed in how far AFTA can affect the government income revenues of Vietnam. For the analysis of AFTA’s impact on Vietnams’ trade, the trade structure of Vietnam will be analysed. In general it can be said that for Vietnam the accession to AFTA is a very important step in their transition process to a more market economy. Furthermore it is a major step in Vietnams’ integration in the world economy. Especially the access of Vietnamese firms to a huge market such as ASEAN seems to be very advantageous. In the case of foreign direct investments, the question is if AFTA is seen by foreign firms and investors as a positive factor which would lead to investments in Vietnam or if it does not change the situation or if it has even a negative impact on the FDI due to the reason that the industries are not protected anymore by the tariffs and quotas. A further question to analyse is the origin of the FDI, this means if the major part comes from the ASEAN countries or if it has also any effects on other countries. This book primarily targets researchers and readers interested in organisations and the Vietnamese economy.
Inhaltsverzeichnis (Table of Contents)
- 1. Introduction
- 2. Vietnam's position in ASEAN
- 3. Vietnam's Trade Liberalisation Schedule under CEPT
- 4. AFTA's impact on ASEAN Economies
- 5. AFTA's impact on Vietnam
- 5.1 Impacts of AFTA on Vietnam's Trade
- 5.1.1 Direction of Trade
- 5.1.2 The Composition of Trade: ASEAN vs. Non-ASEAN
- 5.2 AFTA's impact on Vietnams Trade
- 5.1 Impacts of AFTA on Vietnam's Trade
- 6. Effects of AFTA on the Foreign Direct Investment (FDI) in Vietnam
- 7. Impact on government revenues
- 8. Conclusion
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This project aims to assess the economic benefits brought to Vietnam, an ASEAN member state, by the establishment of the Asian Free Trade Area (AFTA). It evaluates the impacts of AFTA on Vietnam's trade and foreign direct investment, further analyzing how AFTA may influence Vietnam's government revenue.
- AFTA's impact on Vietnam's trade patterns and structure
- AFTA's influence on foreign direct investment (FDI) in Vietnam
- The role of AFTA in Vietnam's transition to a market economy
- AFTA's impact on government income revenues in Vietnam
- Vietnam's economic integration into the global market
Zusammenfassung der Kapitel (Chapter Summaries)
The project begins by introducing the research question and outlining the approach to evaluating AFTA's impact on Vietnam. It then explores Vietnam's position within ASEAN, highlighting its economic growth and trade significance. Chapter 3 delves into Vietnam's trade liberalization schedule under the Common Effective Preferential Tariff (CEPT) scheme, a key component of AFTA. The project further examines AFTA's broader impact on ASEAN economies before focusing specifically on its effects on Vietnam.
Chapter 5 analyzes the impacts of AFTA on Vietnam's trade, examining changes in the direction and composition of trade, comparing ASEAN and non-ASEAN trading partners. It then investigates the effects of AFTA on foreign direct investment in Vietnam, considering whether it acts as a catalyst or deterrent for investments. The project concludes with an analysis of the potential impact of AFTA on government revenues in Vietnam.
Schlüsselwörter (Keywords)
This project revolves around the key concepts of the Asian Free Trade Area (AFTA), its impact on Vietnam's trade and foreign direct investment, and its influence on government revenue. The project focuses on Vietnam's economic integration into the ASEAN region and the global market, considering its transition towards a market economy. The Common Effective Preferential Tariff (CEPT) scheme and its role in trade liberalization are central to the analysis.
- Quote paper
- MSc, Dipl.- Betriebswirt (FH), BA (Hons) Nima Pouyan (Author), 2006, AFTA's impact on Vietnam, Munich, GRIN Verlag, https://www.grin.com/document/55337
