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What Do Malaysian Firms Seek in Vietnam?
Authors:Guanie Lim
Institution:National University of Singapore, Singapore
Abstract:The article investigates the motives undergirding the investment of Malaysian firms in Vietnam. It argues that a sizeable portion of Malaysian firms are market seekers exploiting Vietnam’s large, young, and growing domestic market, and natural resource seekers. The article also argues that some of the firms are strategic asset seekers as they collaborate with politically well-connected Vietnamese firms to further their long-term commercial interests. Only a small percentage of Malaysian firms identify themselves as efficiency seekers, which highlights the low organizational and technical abilities of Malaysia’s manufacturing sector.
Keywords:economic globalization  foreign direct investment  investment motive  southeast Asia  south-south cooperation
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