RELASI PEMERINTAH DENGAN KEGIATAN INVESTASI ASING: STRATEGI VIETNAM DALAM MENGUNDANG PENANAMAN MODAL ASING PADA SEKTOR OTOMOTIF

, Aisdl

No ba9mv, OSF Preprints from Center for Open Science

Abstract: This paper attempts to explain Vietnamese strategy in inviting automotive foreign investments is able to be framed under developmental state and flying geese theory. Developmental state compatibility is shown with state proactive measures for facing the market and the existence of protection. Those phenomena are manifested in foreign investment, labour, and enterprise law reforms; technology transfer policy; and promulgation of numerous Vietnamese automotive masterplans. Meanwhile in protection area is proved by trade policy, which utilizes interplay between taxes and tariffs for automotive imports. Government agency and business group role are represented by SCCI, VAMA, and VBF with their respective tasks. Flying geese theory as supporting concept elaborates on the development pattern of Vietnamese automotive industry and to detect spillover effect from foreign investments, especially Japanese enterprises. It is proved Japanese automotive was under sunset industry category and restarted its activity as Vietnamese sunrise industry, supported by Doi Moi. Spillover occurs through kaizen and 5S management model technology transfer from Japanese automakers enterprises to all manufacture-based Vietnamese enterprises.

Date: 2018-12-01
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Persistent link: https://EconPapers.repec.org/RePEc:osf:osfxxx:ba9mv

DOI: 10.31219/osf.io/ba9mv

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