The Impact Of Foreign Direct Investment In Vietnam Industrial Park On Vietnam Economic Growth

In recent years,with the rapid development of Vietnam's industrial parks,the Vietnamese Industrial Park has played a very important role in attracting foreign investment.Vietnam Industrial Park encourages foreign investment in machinery manufacturing,transportation equipment installation,building materials,confidential machinery manufacturing,medical equipment manufacturing industry,electronics,power equipment and other industries are relatively backward development of the domestic industry in Vietnam,which for the adjustment and improvement of various industries in Vietnam played a Very important role.It can be said that the construction and development of Vietnam's industrial park has effectively promoted Vietnam's industrialization and modernization and made its contribution to Vietnam's economic and social development.This paper first combs and analyzes the theory of industrial park and foreign direct investment and explores the theory of the impact of foreign direct investment on the economic growth of the host country.Secondly,this paper introduces the development of Vietnam Industrial Park from the aspects of the distribution and scale of the industrial park in Vietnam.To explore the situation of Vietnam's industrial parks attracting foreign direct investment,researching the total amount of foreign direct investment and the distribution of investment industries in Vietnam's industrial parks,and comparing with the investment in China's industrial parks.Focusing on the foreign direct investment and economic growth in Vietnam,this paper discusses the employment effect,tax effect,demonstration effect,investment promotion and technology spillover of foreign direct investment on the mechanism of Vietnam economic growth.Thirdly,through the empirical research on the economic growth of Vietnam through foreign direct investment,this paper constructs the regression results of the model,data arrangement and short-term and long-term effects,and tests and analyzes the results.Taking Hanoi Industrial Park in Vietnam as a case to discuss the impact of Vietnam Industrial Park and foreign direct investment on Vietnam economic growth.Finally,the paper analyzes the measures to attract investment in Vietnam's industrial parks.The measures are mainly from the aspects of government,the policies implemented by the industrial parks in Vietnam and the concrete measures taken by the management.