Additional insights of multinational corporation’s location network in Vietnam
Multinational firms (MNCs) have increasingly dispersed their operations in different locations in response to the increased global competition. At a national level, their location decision creates an interdependent network of cities or provinces that influences inter-province relations and regional...
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| Format: | Article |
| Language: | English |
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HO CHI MINH CITY OPEN UNIVERSITY JOURNAL OF SCIENCE
2024-10-01
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| Series: | Ho Chi Minh City Open University Journal of Science - Economics and Business Administration |
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| Online Access: | https://journalofscience.ou.edu.vn/index.php/econ-en/article/view/3429 |
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| author | Thuy Thi Vu |
| author_facet | Thuy Thi Vu |
| author_sort | Thuy Thi Vu |
| collection | DOAJ |
| description | Multinational firms (MNCs) have increasingly dispersed their operations in different locations in response to the increased global competition. At a national level, their location decision creates an interdependent network of cities or provinces that influences inter-province relations and regional economic integration. By using sample data collected by Trade and Market Intelligence and network analysis approach, the study aims to explore (i) general structural characteristics of the FDI location network, (ii) roles, powers, and relational patterns of different provinces in the network, and (iii) resilience of the network to systemic risk in Vietnam, thereby providing some suggestions for investment promotion policies and regional planning. The study found that the network of provinces is loosely connected with only a few hubs located mostly in the southern region. In particular, neither Hanoi nor Ho Chi Minh City is the most influential node in the network. Provinces are not only connected but also structurally equivalent to many other provinces, regardless of spatial distance. These network structure characteristics suggest economic inequalities among regions and the vulnerability of the network to systemic risks. Therefore, policymakers should focus on developing more balanced regional planning and promoting province-to-province relations in order to have a tighter network of provinces and more regional economic integration. |
| format | Article |
| id | doaj-art-ef269e787f8545bc8517e7be9f8fa8a5 |
| institution | OA Journals |
| issn | 2734-9314 2734-9586 |
| language | English |
| publishDate | 2024-10-01 |
| publisher | HO CHI MINH CITY OPEN UNIVERSITY JOURNAL OF SCIENCE |
| record_format | Article |
| series | Ho Chi Minh City Open University Journal of Science - Economics and Business Administration |
| spelling | doaj-art-ef269e787f8545bc8517e7be9f8fa8a52025-08-20T01:52:58ZengHO CHI MINH CITY OPEN UNIVERSITY JOURNAL OF SCIENCEHo Chi Minh City Open University Journal of Science - Economics and Business Administration2734-93142734-95862024-10-0115312413510.46223/HCMCOUJS.econ.en.15.3.3429.20252222Additional insights of multinational corporation’s location network in VietnamThuy Thi Vu0University of Pécs, PécsMultinational firms (MNCs) have increasingly dispersed their operations in different locations in response to the increased global competition. At a national level, their location decision creates an interdependent network of cities or provinces that influences inter-province relations and regional economic integration. By using sample data collected by Trade and Market Intelligence and network analysis approach, the study aims to explore (i) general structural characteristics of the FDI location network, (ii) roles, powers, and relational patterns of different provinces in the network, and (iii) resilience of the network to systemic risk in Vietnam, thereby providing some suggestions for investment promotion policies and regional planning. The study found that the network of provinces is loosely connected with only a few hubs located mostly in the southern region. In particular, neither Hanoi nor Ho Chi Minh City is the most influential node in the network. Provinces are not only connected but also structurally equivalent to many other provinces, regardless of spatial distance. These network structure characteristics suggest economic inequalities among regions and the vulnerability of the network to systemic risks. Therefore, policymakers should focus on developing more balanced regional planning and promoting province-to-province relations in order to have a tighter network of provinces and more regional economic integration.https://journalofscience.ou.edu.vn/index.php/econ-en/article/view/3429fdi networklocationsmncsmultinational corporationsprovincesvietnam |
| spellingShingle | Thuy Thi Vu Additional insights of multinational corporation’s location network in Vietnam Ho Chi Minh City Open University Journal of Science - Economics and Business Administration fdi network locations mncs multinational corporations provinces vietnam |
| title | Additional insights of multinational corporation’s location network in Vietnam |
| title_full | Additional insights of multinational corporation’s location network in Vietnam |
| title_fullStr | Additional insights of multinational corporation’s location network in Vietnam |
| title_full_unstemmed | Additional insights of multinational corporation’s location network in Vietnam |
| title_short | Additional insights of multinational corporation’s location network in Vietnam |
| title_sort | additional insights of multinational corporation s location network in vietnam |
| topic | fdi network locations mncs multinational corporations provinces vietnam |
| url | https://journalofscience.ou.edu.vn/index.php/econ-en/article/view/3429 |
| work_keys_str_mv | AT thuythivu additionalinsightsofmultinationalcorporationslocationnetworkinvietnam |