Investment Liberalization in the ASEAN Economic Community Vietnam’s Participation, Opportunities and Challenges
Main Article Content
Abstract
Abstract: Investment liberalization plays an important role in building a single market and production base in the ASEAN Economic Community (AEC). The paper examines Vietnam’s participation in the AEC from the perspective of investment liberalization through analysis of: (i) Vietnam’s commitments and her implementation of commitments under the ASEAN Comprehensive Investment Agreement (ACIA); (ii) the current situation of foreign direct investment (FDI) in ASEAN and Vietnam; and (iii) opportunities and challenges for Vietnam from AEC’s liberalization of investment.
Keywords: AEC, ACIA, FDI, Vietnam.References
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[3] The National Assembly, Law on Investment No. 59-2005-QH11, 29/11/2005.
[4] The National Assembly, Law on Enterprises No. 60-2005-QH11, 29/11/2005.
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[27] World Bank (WB), Doing Business Report 2013.
[2] The ASEAN Secretariat, the ASEAN Comprehensive Investment Agreement (ACIA), A Guidebook for Businesses and Investors, Jakarta, 07/2013.
[3] The National Assembly, Law on Investment No. 59-2005-QH11, 29/11/2005.
[4] The National Assembly, Law on Enterprises No. 60-2005-QH11, 29/11/2005.
[5] The National Assembly, Law on Credit Institutions No. 47/2010/QH12, 16/06/2010.
[6] The Government, Decree No. 57/2012/ND-CP on the Financial regulations applicable to branches of foreign banks, 20/072012.
[7] The Government, Decree No. 73/2012/ND-CP on the Foreign cooperation and investment in education, 26/12/2012.
[8] The ASEAN Secretariat, Schedule to the ASEAN Comprehensive Investment Agreement - Vietnam, 26/02/2009.
[9] The National Assembly, Labor Code of Socialist Republic of Vietnam, 23/06/1994, as amended on 02/04/2002 and on 29/11/2006.
[10] The Government, Decree No. 34/2008/ND-CP on providing for the recruitment and management of foreigners working in Vietnam, 25/03/2008.
[11] The National Assembly, Law on Securities No. 70/2006/QH11, 29/06/2006.
[12] The Government, Decree No. 108/2006/ND-CP on Detailing and guiding the implementation of a number of articles of the Investment Law, 22/09/2006.
[13] The Government, Decree No. 139/2007/ND-CP on providing detailed guidelines for implementation of a number of articles of the Law on Enterprise, 05/09/2007.
[14] The Government, Decree No. 90/2001/ND-CP on Support for development of Small- and Medium-sized enterprises, 23 /11/2001.
[15] The Government, Decree No. 56/2009/ND-CP on Assistance to the Development of Small- and Medium-sized enterprises, 30/06/2009.
[16] The Government, Decree No. 12/2006/ND-CP on Making detailed provisions for implementation of the commercial law with respect to international purchases and sales of goods; and agency for sale and purchase, processing and transit of goods involving foreign parties, 23/01/2006.
[17] The Government, Decree No. 101/2006/ND-CP on Providing for the re-registration, transformation, and registration for new investment certificates of foreign-invested enterprises under the provisions of the enterprise law and the investment law, 21/09/ 2006.
[18] The National Assembly, Law on Land No. 13/2003/QH11, 26/11/2003.
[19] The National Assembly, Law on Real estate business No. 63/2006/QH11, 29/06/2006.
[20] ASEAN Secretariat, the ASEAN Community Figures (ACIF) 2013, Jakarta, 02/2014.
[21] ASEAN Secretariat, ASEAN Statistical Yearbook 2013, Jakarta, 06/2014.
[22] ASEAN Secretariat, the ASEAN Investment Report 2012: The Changing Landscape of FDI, Jakarta, 07/2013.
[23] http://investasean.asean.org/index.php/page/view/reasons-for-investing/view/671/newsid/781/high-return-on-investments.html, accessed on 11/11/2014.
[24] Am Cham - Singapore and U.S Chamber of Commerce, the ASEAN Business Outlook Survey 2012/2013, 2012.
[25] International Labor Organization (ILO), World of Work 2014: Developing with Jobs, Geneva: ILO, 2014.
[26] World Economic Forum (WEF), The Global Competitiveness Report 2013-2014, Geneva: WEF, 2013.
[27] World Bank (WB), Doing Business Report 2013.