Local Government Investment Effect Of Camau Province, Vietnam

Innovative career in the past25years, Vietnam has made great achievements in the investment of local government has an important role in promoting the development of the Vietnamese economy. Ca Mau Province is a province of southern Vietnam superior location and resources for the Southeast Asian market, in the province this year, a good momentum of economic development, the economic advantage is increasingly evident, on the impact of government investment on economic development in Ca Mau province, as well as analysis of government investment with effects of the problems discussed and proposed the corresponding countermeasures and suggestions on the problems. The study on the economic development of the province of Ca Mau has certain reference value.This article through the collection and analysis of relevant literature at home and abroad, from domestic and foreign investment, economic, institutional innovation, economic development status field of the latest research results. Comprehensive use of the following research methods:comparative analysis, quantitative analysis and qualitative analysis of the combination, the combination of theory and practice. Application of the theory of economic development and local government investment analysis specific effect of Ca Mau provincial government investment efficiency and industrial structure effect to create employment opportunities for analysis from the effects of economic growth, consumption effect, and makes specific recommendations.The innovative point of this article:Vietnam academia very little research on the aspects of the effect of government investment in promoting economic development, this novelty. There are countries local government investment effect the difference derived a comparative study of local government investment effect of multiple countries, help to identify the Ca Mau Province, local government investment problems, learn from the world of local government investment experience, conducive proposed to increase the Ca Mau Province suggestions of local government investment effect. In this paper, the novelty of the research methods, research perspective. This article by profiling local government investment in the deep-seated problems and causes, and how to effectively promote economic growth, improve the optimization of the industrial structure, improve people’s livelihood and welfare recommendations, the theoretical value and practical significance for local government investment.With the trend of economic globalization and integration, and highlight the growing role of government investment on economic development. Plays an important role in the stage of economic transition, the impact from Ca Mau provincial government investment effect has important practical significance to the economic development of Ca Mau province, which will speed up the modernization process of industrialization in Ca Mau province, this study, Ca Mau province, the future development of economic development to provide some reference value.