Contribution of Foreign Direct Investment for Economic Development in Thanh Hoa Province

Authors

  • Thị Thơ Nguyễn

Keywords:

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Abstract

Thanh Hoa is one of the few provinces in Vietnam that has limited investment capital for development despite its rich and diverse mineral resources, and an abundant labor force. In recent years, invesatment climate improvements have attracted a significant amount of foreign direct investment. The province’s structural transformation is towards actively promoting the economic growth, export turnover and increasing the local budget revenue. Based on descriptive statistics and secondary sources, the article clarifies the role of foreign direct investment in the socio-economic development of Thanh Hoa province.

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Author Biography

  • Thị Thơ Nguyễn

    ThS., Trường Đại học Công nghệ Giao thông vận tải

Published

2023-07-10

Issue

Section

REGIONAL DEVELOPMENT