The Role of FDI in Shaping Vietnam's High-Tech Export Growth: Evidence from Sectoral Data
DOI:
https://doi.org/10.71222/abbm4810Keywords:
Foreign Direct Investment (FDI), high-tech exports, sectoral data, technological spillover, VietnamAbstract
This paper empirically investigates the pivotal role of Foreign Direct Investment (FDI) in fostering the growth of Vietnam's high-tech export sector by leveraging comprehensive sectoral data spanning from 2010 to 2023. Utilizing authoritative sources such as the General Statistics Office of Vietnam, the World Bank, and industry-specific reports, this study employs a combination of descriptive statistics, correlation analysis, and advanced panel data regression models to rigorously analyze the relationship between FDI inflows and high-tech export performance across multiple sectors. The findings demonstrate that FDI not only substantially expands the volume and value of Vietnam's high-tech exports but also facilitates significant technological spillovers and industrial upgrading, thereby enhancing the overall competitiveness of the domestic high-tech industry. Despite these positive impacts, the study identifies critical challenges including excessive reliance on foreign-owned enterprises, sectoral disparities in development, and limitations in domestic technological absorption capacity. In response, the paper offers targeted policy recommendations aimed at strengthening domestic innovation capabilities, promoting balanced sectoral growth, improving infrastructure, and encouraging greater international cooperation. These strategies are essential to sustainably harness the full potential of FDI and secure Vietnam's position in the global high-tech export market.
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