Korean Transnational Corporations and Regional Development in Vietnam

Authors: Yangmi Koo*, Department of Geography, Seoul National University
Topics: Economic Geography, Asia
Keywords: foreign direct investment, Korean transnational corporations, Vietnam
Session Type: Paper
Day: 4/5/2019
Start / End Time: 8:00 AM / 9:40 AM
Room: 8216, Park Tower Suites, Marriott, Lobby Level
Presentation File: No File Uploaded

This study aims to analyze the increase of Korean enterprises’ investment to Vietnam and the impact on industrial structure and regional changes in Vietnam. The data of foreign direct investment say that the economic and industrial cooperation of two countries has been promoted since the early 1990s. The trend of Korean investment to Vietnam has been changed from the light industries of textile and garments to the assembly of electrics and electronics since the mid-2000s. Massive investment of foreign companies including Korean enterprises has been focused on major cities of Ha Noi and Ho Chi Minh including their urban fringes. This makes the industrial structural changes with increasing the ratio of the secondary industry and developing technology-intensive industries. In addition, it helps to relocate industries to urban fringe of Ha Noi and Ho Chi Minh expanding metropolitan areas.

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