Determinants of Viet nam’s outward direct investment: a difference test among entry modes

Abstract

This article focuses on the determinants of Viet Nam’s Outward FDI by studying simultaneously the influence of two Pull Factors and Push Factors. In addition, the work examines the differences in assessing the impact of two factors groups on investment decisions by market entry method. The authors used the mixed research methods: qualitative - quantitative combinations. The research results indicate two groups of factors that both Pull Factors and Push Factors to impact Vietnam’s FDI abroad. Push factors group from Viet Nam include Competitive pressure of Vietnam market, Monetary policy, Interest rates of Vietnam, Regulations and procedures for licensing investment abroad of Vietnam, Incentive policy, investment incentives to overseas. Pull factors group form host country include Culture – Geography, Macroeconomics and market, Infrastructure, Regulations and policies related to investment. There have a difference among entry modes significantly in assessing Pull factors from host country.