A study on nhà cái w88 factors affecting nhà cái w88 investment environment of Ba Ria - Vung Tau Province’s industrial parks

ABSTRACT:

This study examines nhà cái w88 factors affecting nhà cái w88 investment environment of Ba Ria - Vung Tau Province’s industrial parks. This study is expected to help nhà cái w88 province’s authorities find out solutions to improve nhà cái w88 localinvestment environmentand attract more domestic and foreign investors to invest into Ba Ria – Vung Tau Province. This study consists of 6 parts, namely (1) An overview on investment, (2) Some theories of investment, (3) An assessment about nhà cái w88 current investment environment, (4) An assessment about nhà cái w88 factors affecting nhà cái w88 investment environment, (5) Solutions to attract more investment into nhà cái w88 industrial parks and (6) Conclusions.

Keywords: investment, factor, environment, industry, quality.

1. An overviewon investment

Ba Ria - Vung Tau is a province in nhà cái w88 South East, which connects nhà cái w88 South Central, nhà cái w88 South and nhà cái w88 South East and belongs to nhà cái w88 Southern Key Economic Zone (NEEC); nhà cái w88 province's natural area is 1,987 km2; nhà cái w88 population is nearly 1.1 million. Ba Ria - Vung Tau has a relatively convenient traffic system, national highways 51 and 55 linking nhà cái w88 Central Highlands, nhà cái w88 South West, Cambodia and major economic centers of nhà cái w88 South such as Binh Duong and Dong Nai. Ho Chi Minh City (HCMC) - 80 km away; Rich soil: high and fairly flat terrain, hard soil, fertile soil suitable for nhà cái w88 development of industrial plants, construction materials, industry - especially nhà cái w88 processing industry. With its position Ba Ria - Vung Tau has nhà cái w88 advantage of developing industrial parks (IPs) to support nhà cái w88 city development center. Ho Chi Minh City and nhà cái w88 whole country.

Up to now, Ba Ria - Vung Tau has 15industrial zoneswith total area of ​​8,706.77 hectares, of which 9 have been put into operation (4 have occupied more than 90% of area), 6 industrial zones Infrastructure investment and compensation for ground clearance are being implemented. nhà cái w88 total leasable area of ​​15 IZs is 5,847.44 hectares, of which nhà cái w88 leased area in IZs is 2,144.69 hectares, reaching nhà cái w88 occupancy rate of 36.68%. If nhà cái w88 9 IZs are invested in infrastructure and ready to attract secondary projects, nhà cái w88 occupancy rate will be 66.66% (1,858.38 ha / 2,787.87 ha). Therefore, how to attract businesses (DNs) investing in IPs in particular and BRVT in general is always a top concern of nhà cái w88 leadership of nhà cái w88 People's Committee of BRVT to carry out nhà cái w88 process of industrialization and strategic Socio-economic development of nhà cái w88 province. In order to attract investors to invest in industrial zones, it is necessary to find out nhà cái w88 investment environment, investment environment factors which affect nhà cái w88 ability to attract investment in industrial zones from which to find attractive solutions. effective investment.

2. Sometheories of investment

Investment is an activity that depends on a lot of factors and there are now a lot of theories with different views on investment. However, to look at nhà cái w88 investment performance of a business in a certain locality, we consider nhà cái w88 theory of investment and investment environment; and when local views are a brand, we consider local marketing theories, local competitiveness, and quality public services.

2.1. Theories of international investment and investment

So far, economists around nhà cái w88 world have studied and summarized a number of theoretical explanations for nhà cái w88 investment process and international investment movement. However, in nhà cái w88 history of investment is a relatively complex process and fluctuations from time to time. Therefore, each theory has its strengths and limitations and no theoretical solution to solve all aspects of nhà cái w88 investment process.

Hymer (1960), quoted in Pham To Mai (2008) argue that nhà cái w88 existence of multinationals is based on market imperfections as imperfect structures and imperfect transaction costs. nhà cái w88 imperfect market structure will help monopolies create market power. nhà cái w88 imperfect transaction costs provide an opportunity for monopolies to make profits through nhà cái w88 use of "internal markets" instead of outside transactions. Research on nhà cái w88 imperfect structure of nhà cái w88 market - Industrial theory argues that when investing abroad, foreign direct investment (FDI) enterprises are much more costly and risky than their counterparts. In order to compete with these enterprises, FDI enterprises must have nhà cái w88 advantages to make up for these additional costs. That advantage is monopoly power in a number of areas such as: size, knowledge, product differentiation, product branding, technology, distribution network and marketing skills, accessibility to cheap capital. nhà cái w88 study of transaction costs is not perfect - nhà cái w88 theory of internalisation suggests that nhà cái w88 localization of transactions through FDI is more profitable than transactions through nhà cái w88 market. nhà cái w88 benefits of FDI include saving time for licensing negotiations, avoiding uncertainties in negotiation and nhà cái w88 risk of lack of trust among partners, minimizing nhà cái w88 impact of nhà cái w88 government through price discrimination and price discrimination, Pham To Mai (2008).

Paul Krugman (1991), quoted in Linh Vu (2009), proposed a new economic geography theory in which firms tend to locate their production in crowded "centers" of populations and capital, for taking advantage of economies of scale. But this will lead to nhà cái w88 population - both nhà cái w88 labor and nhà cái w88 consumer - will move to these "centers" as there is greater scale advantage, which also means that prices Both cheaper and more diversified products. Concentration limitation is nhà cái w88 cost of shipping. nhà cái w88 cost of shipping to consumers will be high if nhà cái w88 firms are concentrated in a certain area of ​​nhà cái w88 country. Therefore, nhà cái w88 decision to choose nhà cái w88 production sites of nhà cái w88 firms depends on nhà cái w88 correlation between taking advantage of economies of scale and saving transportation costs. Reducing transportation costs will lead to centralization and urbanization.

2.2. Theories of investment environment

According to nhà cái w88 world bank (2004), in Nguyen Trong Hoai (2007), nhà cái w88 investment environment is a combination of local characteristics that are shaping nhà cái w88 opportunities and motivation for businesses to invest effectively, create jobs make and expand production. nhà cái w88 combination of these particular elements consists of two main components: local policy - soft infrastructure - and other factors related to market size and geographic advantage - hard infrastructure . These two components will affect three aspects of nhà cái w88 investor: nhà cái w88 opportunity cost of nhà cái w88 investment, nhà cái w88 level of risk in nhà cái w88 investment and nhà cái w88 barriers to competition in nhà cái w88 investment process. Based on these three considerations, investors will identify opportunities and incentives to invest in a particular location. In recent years, a number of international donors and research institutions working in nhà cái w88 field of private sector development in Vietnam have undertaken a number of studies to identify and evaluate nhà cái w88 motivational factors. constraining local economic growth. Studies have shown that there are large differences in nhà cái w88 business environment and nhà cái w88 gap in economic growth, particularly in nhà cái w88 private sector, between different provinces and regions. This difference is due in part to nhà cái w88 fact that different localities have different conditions for hard infrastructure such as natural conditions, access to markets, financial resources and human resources. However, nhà cái w88 results of these studies show that nhà cái w88 local government and nhà cái w88 legal environment of each locality are important factors that lead to differences in nhà cái w88 competitiveness of different localities in nhà cái w88 collection process. invest capital. When choosing an investment location, investors are interested in a variety of factors; However, it can be classified into two categories: Hard infrastructure is a measure of value and more or less objective. For example, for a province in Vietnam, it is nhà cái w88 distance to major economic centers, seaports; infrastructure; level of people's knowledge and skills. These are nhà cái w88 factors that need time and money to improve. Soft infrastructure is nhà cái w88 element that represents nhà cái w88 proactive characteristics of a locality in nhà cái w88 process of creating a liberal policy environment. Local marketers can use these elements as guides to improve nhà cái w88 appeal of target markets such as tourists, investors, and high-level human resources. Unlike hard infrastructure, soft infrastructure requires a great deal of leadership from local managers, a leadership philosophy that will take nhà cái w88 lead in planning investment policies. stagnation or impulse. nhà cái w88 change of a leadership philosophy is primarily dependent on ideology and not on financial resources.

2.3. Theories of quality, quality of service and customer satisfaction

Improving nhà cái w88 quality of nhà cái w88 investment environment in a locality is a key factor for attracting investment into that locality and as a competitive element between localities. nhà cái w88 concept of quality usually depends on nhà cái w88 user. Quality can be viewed as a dynamic goal, dynamically changing according to circumstances. According to nhà cái w88 International Organization for Standardization (ISO), quality is all nhà cái w88 characteristics of an entity, giving nhà cái w88 entity nhà cái w88 ability to meet published or latent needs. Thus, it can be said that quality is nhà cái w88 collection of nhà cái w88 inner attributes of things, nhà cái w88 phenomena that give them distinct characteristics that satisfy their desires.

In general, nhà cái w88 definition of service quality is what consumers perceive - in this study nhà cái w88 customer is nhà cái w88 investor and nhà cái w88 local investor is nhà cái w88 investment service. Every customer often feels different in quality and therefore nhà cái w88 engagement of customers in nhà cái w88 development and evaluation of service quality is very important. In nhà cái w88 service sector, quality is a function of customer perception. In other words, nhà cái w88 quality of nhà cái w88 service is determined by nhà cái w88 perceptions or perceptions of nhà cái w88 customer in relation to their individual needs [8].

Parasuraman (1985), quoted in Pham Thi Minh Ha (2008), provides nhà cái w88 SERVQUAL model with five components of (1) reliability: demonstrated by nhà cái w88 ability to perform appropriate service and at nhà cái w88 right time for nhà cái w88 first time, nhà cái w88 capacity of nhà cái w88 staff to execute nhà cái w88 promises correctly; (2) response: expressed by nhà cái w88 willingness and willingness of nhà cái w88 staff to provide timely service to nhà cái w88 customer; (3) capacity to serve: demonstrated through professional qualifications and service with customers; (4) empathy: showing nhà cái w88 care of individual customers; (5) tangible means: including physical assets, equipment.

There are different views on customer satisfaction. Oliver (1997), quoted in Pham Thi Minh Ha (2008) defines customer satisfaction.

3. An assessment about nhà cái w88 current investment environment

3.1. Situation of investment attraction

In recent years, nhà cái w88 province has made great efforts to improve nhà cái w88 investment environment, paying special attention to nhà cái w88 investment in infrastructure, nhà cái w88 reform of administrative procedures, nhà cái w88 deployment of human resources training, to overcome difficulties for investors, carry out investment promotion programs inside and outside nhà cái w88 country, etc., in order to create favorable conditions for attracting more and more large scale investment projects , thereby creating more resources for development, contributing to economic restructuring towards increasing nhà cái w88 proportion of industry and services. In order to attract investment, nhà cái w88 province has implemented nhà cái w88 following tasks:

First and foremost, to implement nhà cái w88 planning work by sector, area and area to attract investment in areas and areas suitable with nhà cái w88 potential, development advantages and ensure nhà cái w88 requirements of sustainable development.

Secondly, nhà cái w88 orientation to selectively attract investment projects in nhà cái w88 area, thus attaching importance to attracting investment in line with nhà cái w88 planning and policy of moving and restructuring nhà cái w88 economy; Large-scale projects, modern technologies, spillover effects, ensuring environmental protection standards; Priority should be given to attracting some of nhà cái w88 province's advantages, such as logistic services, mechanical engineering, petrochemicals, discouraging energy-intensive projects, and wasteful use of resources. raw and labor intensive.

Thirdly, to promptly and fully implement preferential policies and investment incentives according to regulations. nhà cái w88 province focuses on supporting solutions, creating favorable conditions for investment activities.

Fourthly, to step up nhà cái w88 reform of administrative procedures, to implement nhà cái w88 "one-stop shop, on-nhà cái w88-spot" mechanism in nhà cái w88 implementation of investment procedures in order to step by step improve nhà cái w88 open and friendly investment environment. White. Regular dialogue with investors to timely support, remove difficulties and obstacles in nhà cái w88 investment and business activities of enterprises, especially in nhà cái w88 compensation and ground clearance.

Fifthly, focus on investment in technical infrastructure connecting roads, water supply and drainage, electricity supply and communication systems to support investors.

Sixthly, focus on nhà cái w88 development of human resources, especially in nhà cái w88 field of supporting industries, logistics services, tourism services.

As a result, in Ba Ria - Vung Tau province, 297 FDI projects with total registered capital of US $ 27 billion and 442 domestic investment projects with a total registered capital of over 240 trillion VND have been registered. Investment capital plays an important role in nhà cái w88 socio-economic development of nhà cái w88 province. Annual investment capital of domestic and foreign investment projects accounts for 80% of total capital. private development in nhà cái w88 area. A number of transnational economic groups have invested and co-operated with nhà cái w88 development of nhà cái w88 province over nhà cái w88 years such as Kyoei, Nippon, Sumitomo, Itochu, Mitsubishi, Posco, ACDL, CJ, Lotte and BP.

Foreign direct investment projects come from more than 20 countries and territories, of which nhà cái w88 United States is nhà cái w88 largest investor in nhà cái w88 province, with registered capital of $ 5.4 billion, accounting for 20 % of total FDI; Canada ranked second ($ 4.2 billion, accounting for 15.5% of total registered capital); followed by Thailand, Korea, Japan, nhà cái w88 Netherlands, Singapore, Taiwan, England and France.

Many large-scale industrial projects, seaports, trade centers, etc. have been put into operation with modern technology such as Posco SS Vina Steel, China Steel Steel, specialized NSG, rare chemical production, aluminum shaping, CMIT Port, Tan Cang - Cai Mep International Port, has become a driving force for economic growth and economic restructuring. nhà cái w88 spread of capital, technology, management level, labor skills and promote production and business with high development level.

3.2. Current status of investment in Ba Ria - Vung Tau industrial zones

Up to now, Ba Ria - Vung Tau has 15 industrial zones with total area of ​​8,706.77 hectares, of which 9 have been put into operation (4 have occupied more than 90% of area), 6 industrial zones Infrastructure investment and compensation for ground clearance are being implemented. nhà cái w88 total leasable area of ​​15 IZs is 5,847.44 hectares, of which nhà cái w88 leased area in IZs is 2,144.69 hectares, reaching nhà cái w88 occupancy rate of 36.68%. If nhà cái w88 9 IZs are invested in infrastructure and ready to attract secondary projects, nhà cái w88 occupancy rate will be 66.66% (1,858.38 ha / 2,787.87 ha).

3.3. Current status of infrastructure investment in industrial zones

Technical infrastructure of industrial parks is quite complete, ready to welcome investors. nhà cái w88 province has 15 Industrial Zones with a total area of ​​8,706 hectares. Most of nhà cái w88 Industrial Zones are located near nhà cái w88 Cai Mep - Thi Vai port system, which makes it convenient for international trade. In industrial parks attracted more than $ 13 billion, nhà cái w88 occupancy rate was nearly 36.68%.

nhà cái w88 Prime Minister has agreed to select Phu My 3 IP as a specialized industrial zone, comprising four main sub-zones: supporting industrial parks, heavy industry zones, port and logistics zones and utility services.

Ba Ria - Vung Tau industry has a relatively complete structure with nhà cái w88 presence of many industries such as energy, metallurgy, chemicals, construction materials, NPK fertilizer, ceramic tiles, PVC seafood processing and petroleum-based industries (gas processing, electricity and protein production) are industries that create important conditions for development. many other industries of nhà cái w88 province. Some industrial products such as steel, plastic, petrochemical, mechanical, etc. have become industrial inputs to develop other industrial products.

nhà cái w88 Ho Chi Minh City - Long Thanh - Dau Giay expressway has shortened nhà cái w88 travel time from Ho Chi Minh city to Cai Mep - Thi Vai port and Ba Ria - Vung Tau industrial zones by 01 hour.

3.4. Investment policies of Ba Ria - Vung Tau

3.4.1. Regarding industry

To prioritize nhà cái w88 investment in industrial parks in nhà cái w88 province in nhà cái w88 following fields:

a/ Using high technologies on nhà cái w88 list of high technologies prioritized for development investment, promulgated together with nhà cái w88 Prime Minister's Decision No. 66/2014 / QD-TTg of November 25, 2014.

b/ Development of supporting industries: To invest in projects in nhà cái w88 electronics, mechanical engineering and hi-tech supporting industries according to nhà cái w88 list of priority industrial development aid products. Decree No. 111/2015 / ND-CP dated November 3, 2015 of nhà cái w88 Government on development of supporting industries and priority industries in Vietnam's industrialization strategy under nhà cái w88 framework of Vietnamese cooperation South - Japan towards 2020, vision to 2030 (electronics, agricultural mechanics, agricultural product processing, new materials production, environment and energy saving, automobile and spare parts production nhà cái w88 Decision No. 1043 / QĐ-TTg dated 01/7/2013 of nhà cái w88 Prime Minister.

c/ Investment in nhà cái w88 field of information technology, production of hardware and software products.

3.4.2. Regarding tourism

High-end tourism investment projects; tourism and entertainment projects.

3.4.3. Regarding agriculture

Projects on production of clean and high-tech agricultural products.

3.4.4. Regarding other fields

a) Investment in transport routes in nhà cái w88 form of PPPs connecting to seaports, logistics services.

b) Training human resources in supporting industries and logistics services.

c) Projects in nhà cái w88 field of logistics services.

d) Investment projects under nhà cái w88 socialization policy.

+ To promulgate a list of projects calling for conditional investment

+ To promulgate a list of projects of temporary suspension of investment attraction

3.5. Mechanisms and policies to attract investment

Ba Ria - Vung Tau is located in nhà cái w88 Southern key economic zone, with nhà cái w88 advantages of deep seaport, industrial and tourist development, and convenient transport infrastructure. These are important conditions for attracting investment and mobilizing resources for socio-economic development.

In recent years, nhà cái w88 province has made great strides in improving nhà cái w88 investment environment, paying special attention to nhà cái w88 reform of administrative procedures, investment in infrastructure, nhà cái w88 deployment of human resources training, set up nhà cái w88 Japan and Korea team to support and attract investors from Japan, South Korea and also other countries. nhà cái w88 policies attracted investment in recent years shown on nhà cái w88 following:

• To carry out nhà cái w88 planning work by branches, domains and geographical areas in order to contribute to orienting nhà cái w88 attraction of investment in geographical areas and areas suitable to nhà cái w88 potential and development advantages and ensuring nhà cái w88 requirements for sustainable development. .
• Orientation to selectively attract investment projects in nhà cái w88 area, thereby encouraging investment attraction associated with nhà cái w88 planning and policy of transfer, economic restructuring; To focus on big economic groups with modern technologies, meeting nhà cái w88 environmental protection standards; Priority should be given to attracting some of nhà cái w88 province's advantages, such as logistic services, mechanical engineering, petrochemicals, discouraging energy-intensive projects, and wasteful use of resources. raw and labor intensive.
• To promptly and fully implement nhà cái w88 preferential policies and investment incentives according to regulations. nhà cái w88 province focuses on supporting solutions, creating favorable conditions for investment activities.
• To attract investment with nhà cái w88 reform of administrative procedures, to implement nhà cái w88 "one-stop, on-nhà cái w88-spot" mechanism in implementing investment procedures in order to step by step improve nhà cái w88 open and friendly investment environment. and transparent.
• Regular dialogue with investors to timely support and remove difficulties and problems in investment and business activities of enterprises, especially in nhà cái w88 compensation and ground clearance.
• Focus on investment in technical infrastructure: roads, water supply and drainage, stable supply of electricity and information and communication systems to support investors.
• Focus on human resources development, especially in nhà cái w88 field of supporting industries, logistics services, tourism services.

In order to improve nhà cái w88 efficiency of attracting investment, nhà cái w88 investment attraction should meet nhà cái w88 following criteria: Quantity effect: increase output, export growth; Impact on quality: raising added value, increasing productivity, transferring technology; Less pollution of nhà cái w88 environment, potential to expand nhà cái w88 connection between enterprises in nhà cái w88 area through nhà cái w88 supply of inputs and outputs; To step by step form a number of branches based on nhà cái w88 province's strengths; And create new advantages for nhà cái w88 province, reduce dependence on heavy industries, shift to high value added and less energy.

4. Anassessment about nhà cái w88 factors affecting nhà cái w88 investment environment

• Measurement factors:

Investment Infrastructure: is a basic and necessary element for nhà cái w88 business of any company. These factors include basic infrastructure such as electricity, water, transportation, premises and technical infrastructure such as communications and nhà cái w88 banking system. nhà cái w88 infrastructure factors measured by nhà cái w88 six observed variables are: 1- nhà cái w88 power supply system meets nhà cái w88 requirements; 2- Water supply and drainage system; 3 - Convenient communication; 4. Convenient transportation; Satisfied plan; and 6- banking system to meet production and business activities.

Investment policy regime: includes elements of investment incentives; nhà cái w88 government is active in supporting enterprises to invest in administrative, legal and tax procedures; Clear and transparent documents and policies are quickly deployed to enterprises so that public officials can not profit or harass enterprises. nhà cái w88 investment policy factors measured by five variables of observation are: 1. Dynamic local leadership in supporting enterprises; 2- Law documents are quickly deployed to enterprises; 3. Attractive investment incentive policies; 4 companies will still invest if local policies are not attractive; and 5 - clear tax system.

Living and working environments: including cultural, educational, health, quality of living environment, play, living, harmony and affordable housing that represents a quality living environment. and suitable for investors and workers to be able to operate efficiently and stick with nhà cái w88 locality. nhà cái w88 living and working environment factors measured by seven variables of observation are: 1- nhà cái w88 school system meets nhà cái w88 needs; 2- nhà cái w88 health system meets nhà cái w88 demand; 3- nhà cái w88 environment is not polluted; Points of interest entertainment; 5- People friendly; 6- Reasonable living expenses; 7- Disagreements between workers and enterprises are satisfactorily resolved (called settlement of disagreements).

Investment advantage of enterprises: Enterprises invest in localities to take advantage of nhà cái w88 industry. nhà cái w88 advantage is that it is close to nhà cái w88 main raw material market for production or near nhà cái w88 main consuming market, close to nhà cái w88 trading partner to reduce transportation costs, increase linkage or compete with major competitors to maintain. presence, market share. Equity factors measured by nhà cái w88 four observed variables are: 1- Convenience of key materials for production; 2. Convenience of main consumption market; Close proximity to trading partners (primary distribution or supply); 4- Market competition with major competitors.

Quality of public services: A good quality public service provider can easily comply with state policies, saving time and money in resolving nhà cái w88 administrative procedures required in investment and production as well as benefit from nhà cái w88 support of nhà cái w88 State in nhà cái w88 areas where nhà cái w88 state has advantages and enterprises are difficult to reach. In order to attract investment, Ba Ria - Vung Tau needs to provide investors with quality public services such as fast customs procedures; support import-export information, advertising; Industrial property; promotion. Elements of public service quality are measured by four observation variables: 1. Simple, quick administrative procedures; 2- nhà cái w88 local government should support nhà cái w88 company as needed; 3- Effective export-import assistance; 4- Trade promotion and trade promotion centers have good support for enterprises.

Local brand: can be considered nhà cái w88 satisfaction of investment customers for nhà cái w88 locality. Enterprises will be satisfied with nhà cái w88 locality when they operate effectively in that locality. An enterprise can be considered to be effective when nhà cái w88 objectives it has achieved as desired. nhà cái w88 two most important goals are nhà cái w88 growth of sales and profitability. Investors often look for branded locations to invest because they can save money on nhà cái w88 investment environment and avoid risks. Local brand factors measured by 4 variables are: 1- Ba Ria - Vung Tau is an impressive investment brand; 2- I think Ba Ria - Vung Tau is nhà cái w88 destination of investors; 3- I think many people have invested successfully in Ba Ria - Vung Tau and I want to be like them; 4- I invest here simply because I want to invest in Ba Ria - Vung Tau.

Human resources: is an important factor that a business must consider when deciding whether to invest in nhà cái w88 local or not. nhà cái w88 abundant and cheap human resources are attractive factors to attract enterprises with low technology and labor intensive; skilled labor and discipline appropriate for industrial production lines; and especially management workers, technical workers with foreign languages ​​work for foreign investment enterprises. A local with abundant human resources, diversity is always attractive factors for investment companies. Elements of human resources measured by 6 observation variables are: 1-Vocational training schools meet nhà cái w88 requirements of enterprises; 2-nhà cái w88 abundant labor force is plentiful; 3-Highly disciplined labor; 4-Ability to acquire and apply technology of good labor; 5- =nhà cái w88 company has no language barrier; 6-Easily recruit good managers in nhà cái w88 locality.

Competitive input costs are nhà cái w88 basic factors directly related to nhà cái w88 investment efficiency of an enterprise. Enterprises can increase competitiveness or seek higher profits when input costs are low. A competitive price besides a reasonable price always comes with nhà cái w88 quality of nhà cái w88 service. Input cost factors measured by four observed variables are: 1-Low land rent; 2-Low labor costs; 3-Electricity prices, water prices, reasonable freight; 4-Prices of competitive communications services.

• Measurement result:

Qualitative research identified eight investment environment variables that were explained by 40 observational variables and nhà cái w88 investor satisfaction factor explained by 5 observed variables. nhà cái w88 result of nhà cái w88 survey was a collection of 266 samples. This data set is included in nhà cái w88 EFA analysis. nhà cái w88 analysis showed that nhà cái w88 study using nhà cái w88 EFA method was appropriate for nhà cái w88 data set. Three unsuitable variables were excluded from nhà cái w88 analysis. nhà cái w88 results of nhà cái w88 analysis extracted eight new factors in place of nhà cái w88 37 observed variables, namely, ground and policy factors, competitive input costs, infrastructure, managerial dynamics and quality. public service, human resources, quality of living environment, local brands, investment advantages. These new variables show nhà cái w88 general investment environment in industrial zones of Ba Ria - Vung Tau. nhà cái w88 results of multivariate regression analysis identify 6 factors of investment environment and one controlling factor which are nhà cái w88 following factors: ground and investment policy, competitive input cost, infrastructure, nhà cái w88 quality of nhà cái w88 living environment, nhà cái w88 advantages of nhà cái w88 investment sector and nhà cái w88 type of enterprises that affect nhà cái w88 satisfaction of investors in Ba Ria - Vung Tau industrial zones. In particular, nhà cái w88 dynamics of leadership and nhà cái w88 quality of public services, premises, and policies have nhà cái w88 greatest impact, nhà cái w88 relative impact of infrastructure factors, and nhà cái w88 cost of inputs. competition, nhà cái w88 quality of nhà cái w88 living environment, nhà cái w88 advantages of nhà cái w88 investment industry have a weaker impact. Investment companies are more satisfied with nhà cái w88 investment environment in Ba Ria - Vung Tau industrial zones than nhà cái w88 limited ones.

5. Solutions to attract more investment into nhà cái w88 industrial parks

5.1. Solutions to improve nhà cái w88 autonomy and dynamism of leaders and local authorities in economic administration, raising nhà cái w88 quality of public services

Selection of local leaders must be dynamic and creative in nhà cái w88 implementation of nhà cái w88 central policy, using nhà cái w88 support of appropriate policies in favor of nhà cái w88 development of nhà cái w88 local. Build two government officials who have professional knowledge about economics, enthusiasm, serious business, ready to support nhà cái w88 business when needed. Authorities support business efficiency in administrative procedures, investment promotion, trade. Simplification of administrative procedures, maintaining a one-stop-shop policy, shortening time for procedures for enterprises, especially time-related procedures relating to taxation, customs, immigration, inspection, testing. Consulting businesses in policy development and rapid implementation of legal documents to enterprises.

5.2. Solutions for planning reasonable industrial zones, building an equal environment in accessing land, supporting enterprises in compensation and land clearance

nhà cái w88 development of IPs should closely follow nhà cái w88 province's industrial development needs and attractiveness. Planning rationality, suitable with nhà cái w88 level of infrastructure development outside nhà cái w88 IP to ensure support for development in industrial zones. It is necessary to concentrate investment resources in each industrial zone together with measures to promote and invest in investment in industrial zones. Local authorities should strictly implement investment commitments outside nhà cái w88 fence of industrial zones and take measures to promote nhà cái w88 infrastructure investors to quickly invest in building infrastructure in nhà cái w88 fence of industrial zones; improve nhà cái w88 quality and responsiveness of nhà cái w88 infrastructure system for investors and improve nhà cái w88 attractiveness of nhà cái w88 locality. Rapid deployment of transport projects has been planned to improve nhà cái w88 ability to connect regions, connections between industrial parks and international trade networks in nhà cái w88 city. Ho Chi Minh City, Dong Nai and Binh Duong. Publicity, transparency of information on land, investment projects and progress of implementation of investment projects. nhà cái w88 government should have resolute attitude and measures, and even land recovery for companies investing in industrial infrastructure of speculative land grab for profiteering. At present, with nhà cái w88 advantage of public land and low cost, nhà cái w88 ability to meet nhà cái w88 needs of enterprises investing in industrial zones in Ba Ria - Vung Tau is very good and appreciated by enterprises. However, in nhà cái w88 coming time when nhà cái w88 public land will gradually lose this advantage can be lost without nhà cái w88 support of nhà cái w88 Government in compensation and site clearance, meeting nhà cái w88 premises for enterprises will be difficult. towel.

5.3. Solutions to build a supportive policy system for investors

nhà cái w88 policy system needs to be specific, clear and transparent; No matter what nhà cái w88 object is applied and is publicly known to all enterprises know and implement. There are sufficient sanctions to enforce policies that are rigorous, avoiding profiteering nhà cái w88 policies of inept business and corrupt government officials. Save time in implementing policies for businesses. Maintaining policies to encourage investment in time. Reform of nhà cái w88 taxation system to assist enterprises in fulfilling their tax obligations.

5.4. Solutions to build a cooperative and reliable environment between nhà cái w88 Government, enterprises and workers, improve nhà cái w88 living environment

nhà cái w88 government should encourage and support nhà cái w88 establishment and development of trade unions and trade unions to each enterprise; Set up collective bargaining agreements between employees and business owners with nhà cái w88 mediating role of local government; Support nhà cái w88 land fund and create favorable conditions for enterprises to build resettlement houses and houses for employees of enterprises to create a cooperative, reliable and friendly environment between enterprises and workers. There is a roadmap to reduce nhà cái w88 incentives for investment enterprises in order to enhance nhà cái w88 responsibility of enterprises towards nhà cái w88 society, harmony between nhà cái w88 interests of enterprises and nhà cái w88 community.To consolidate and develop nhà cái w88 social infrastructure system so as to raise nhà cái w88 quality and capability of nhà cái w88 medical and educational system to keep nhà cái w88 natural environment clean and free from pollution; Frequently organize community cultural activities to increase nhà cái w88 friendliness and mutual understanding.

6. Conclusion

Investing in nhà cái w88 realities of investment environment, influencing factors and solutions to attract investment in Ba Ria - Vung Tau industrial parks is nhà cái w88 right direction for research and development in terms of attracting investment into Ba Ria. - Vung Tau province has implemented many incentives in attracting investment to realize nhà cái w88 industrialization as well associo-economic developmentof nhà cái w88 province. nhà cái w88 topic using a comprehensive and microeconomic approach is an integrated approach to analyze nhà cái w88 behavior and utility of investors in nhà cái w88 overall economic relationship. - social-environment, this is a reasonable approach in researching a socio-economic problem.

Research using a combination of methods such as documentary research; explore research through secondary data; qualitative research by expert method; Quantitative and qualitative research through multivariate analysis and multivariate analysis methods is a comprehensive and specific method that allows for real-time assessment, identification of environmental factors as well as comparing and forecasting nhà cái w88 impact of factors on nhà cái w88 satisfaction of investors from which recommendations suggested appropriate investment policy.

nhà cái w88 results of nhà cái w88 research show that nhà cái w88 investment environment in Ba Ria - Vung Tau is quite good, planning reasonable industrial zones. Infrastructure in nhà cái w88 industrial zones is relatively complete. Identifying 8 investment environment factors that investors are interested in are: ground and policy, competitive input costs, infrastructure, dynamic local leaders and quality of public services, human resources, quality of living environment, local brands, advantages of investment. And six factors affecting nhà cái w88 satisfaction of investors when investing inBa Ria - Vung Tauin descending order are: nhà cái w88 dynamics of leadership and nhà cái w88 quality of public services, premises and policies. investment, infrastructure, quality of living environment, competitive advantage of nhà cái w88 industry and competitive costs. nhà cái w88 results of this research are also consistent with nhà cái w88 practice of Ba Ria - Vung Tau. Although there are many research efforts, this is a relatively broad and complicated subject. Furthermore, nhà cái w88 subject of nhà cái w88 study is an investor with multiple complexity interests so there may be an incentive for misrepresentation. Therefore, nhà cái w88 subject can not avoid nhà cái w88 limitations. On nhà cái w88 other hand, limited space for narrow research - only considering investment firms in IZs, not considering investment firms outside IPs and neighboring provinces so that information can be collected in a way. more objective.

REFERENCES:

1. Nguyen Trong Hoai (2007), Soft Infrastructure Factors Affect Local Capital Involvement by Regression Modeling,Economic Development, 18-20.
2. Management Board of industrial zones BRVT - Report on nhà cái w88 process and development of industrial zones BRVT. http://www.banqlkcn.baria-vungtau.gov.vn/
3. Olivier Blanchard. (2000). Macroeconomics, Fulbright Economics Teaching Program. Ho Chi Minh City: Fulbright University Vietnam.
4. Nguyen Dinh Sang. (2011).Investing in Investment Environment and Factors Affecting Investment in Industrial Zones in Binh Phuoc Province(Master thesis, Ho Chi Minh City University of Economics, Ho Chi Minh City).
5. Nguyen Van Tuan. (2005).Foreign Direct Investment in Economic Development in Vietnam. Hanoi: Judicial Publishing House.
6. USAID -VCCI. (2009).VNCI Policy Report No. 14: Vietnam Competitiveness Index 2009 - Economic Governance Assessment to Promote Regional Development private sector. Hanoi: Chamber of Commerce and Industry of Vietnam.

NGHIÊNCỨU VỀ CÁC NHÂN TỐ ẢNH HƯỞNG TỚI MÔI TRƯỜNG ĐẦU TƯ CỦA CÁC KHU CÔNG NGHIỆP THUỘC TỈNH BÀ RỊA-VŨNG TÀU

TS. VŨ VĂN ĐÔNG

Phó Hiệu trưởng Trường Đại học Bà Rịa - Vũng Tàu

TÓM TẮT:

Nghiên cứu này đánh giá các nhân tố ảnh hưởng tới môi trường đầu tư của các khu công nghiệp thuộc tỉnh Bà Rịa - Vũng Tàu. Nghiên cứu này nhằm góp phần vào việc cải thiện môi trường đầu tư địa phương, kích thích các nhà đầu tư hiện tại và tiềm năng ở trong nước và nước ngoài đầu tư vào tỉnh Bà Rịa - Vũng Tàu. Nghiên cứu này bao gồm 6 mục, gồm: (1) Tổng quan về đầu tư, (2) Khái niệm về các lý thuyết đầu tư, môi trường đầu tư và chất lượng đầu tư (3) Đánh giá hiện trạng môi trường đầu tư , (4) Đo lường các nhân tố môi trường đầu tư, (5) Các giải pháp cho thu hút đầu tư vào các khu công nghiệp, (6) Kết luận.

Từkhoá: đầu tư, nhân tố, môi trường, công nghiệp, chất lượng.

 

[Tạp chí Công Thương - Các kết quả nghiên cứu khoa học và ứng dụng công nghệ,

Số 7, tháng 3 năm 2021]