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...

Full description

Saved in:
Bibliographic Details
Main Author: Thuy Thi Vu
Format: Article
Language:English
Published: HO CHI MINH CITY OPEN UNIVERSITY JOURNAL OF SCIENCE 2024-10-01
Series:Ho Chi Minh City Open University Journal of Science - Economics and Business Administration
Subjects:
Online Access:https://journalofscience.ou.edu.vn/index.php/econ-en/article/view/3429
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1850269774809923584
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