ATTRACTING FOREIGN DIRECT INVESTMENT (FDI) IN HANOI AGRICULTURE

Authors

  • Nguyen Thi Mai Huong University of Economics and Business - Vietnam National University, Hanoi
  • Kieu Thi Mai Vietnam National University of Forestry
  • Tran Dinh Manh Vietnam National University of Forestry

DOI:

https://doi.org/10.51453/2354-1431/2021/687

Keywords:

Foreign direct investment; Agricultural sector, Hanoi

Abstract

This paper analyzed the current situation of attracting foreign direct investment (FDI) into the agriculture in Hanoi. We used the data set of the number of projects and the amount of investment capital in investment types, investment partners, and location, then applied strengths, weaknesses, opportunities and threats (SWOT) analysis. We found that Hanoi has favorable conditions to develop hi-tech agriculture and has many competitive advantages compared to other provinces. However, the capital investment in agriculture tends was downward. Based on our findings, we propose a new strategy for raising foreign investment capital into agriculture in Hanoi.

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References

[1] Goverment (2019), Resolution No. 50-NQ/TW dated August 20, 2019 of the Politburo, on orientations to perfect institutions and policies, and improve the quality and efficiency of foreign investment cooperation by 2030.

[2] Hanoi Statistical Office (2020), Statistical Yearbook of Hanoi City in 2019, Statistical publisher

[3] Huong, D.T.T (2021), Some policies and solutions to promote the development of Hi-tech Agriculture in Hanoi city, Accessed January 26, 2021, from https:// vca.org.vn/mot-so-chinh-sach-va-giai-phap-phat-trien-nong-nghiep-cong-nghe-cao-o-thanh-pho-ha-noi-a22440.html.

[4] Ninh, V.V (2018), Strengthening the attraction of foreign direct investment in agriculture in the Red River Delta, Economic doctor’s thesis, Academy of Finance, Hanoi

[5] General Statistics Office (2020), Statistical Yearbook 2019, Statistical publisher

[6] Tuan, B.T (2018), Agricultural development in suburban districts of Hanoi, Economic doctor’s thesis, Ho Chi Minh National Academy of Politics, Hanoi.

[7] Tung, B.T (2020), Developing the labor market in Hanoi City: Situation and solutions, Journal of Economics and Forecasting, No 3, January, 2020

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Published

2022-04-12

How to Cite

Hương, H., Kieu Thi, M., & Tran Dinh, M. (2022). ATTRACTING FOREIGN DIRECT INVESTMENT (FDI) IN HANOI AGRICULTURE. SCIENTIFIC JOURNAL OF TAN TRAO UNIVERSITY, 7(24). https://doi.org/10.51453/2354-1431/2021/687

Issue

Section

Humanities and Social Sciences