The Digital Economy in Vietnam as an Instrument of Global Integration

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Author(s): Clara Volintiru (Bucharest Academy of Economic Studies (ASE), Romania), Mihai Volintiru (Bucharest University of Economic Studies (ASE), Romania)and Radu Mușetescu (Bucharest University of Economic Studies (ASE), Romania)
Copyright: 2017
Pages: 9
Source title: Transcontinental Strategies for Industrial Development and Economic Growth
Source Author(s)/Editor(s): Bryan Christiansen (PryMarke LLC, USA)and Gulsah Koc (Yildiz Technical University, Turkey)
DOI: 10.4018/978-1-5225-2160-0.ch016

Keywords: Business & Management / Business Science Reference / Economics & Economic Theory / Global Business

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Abstract

The existent literature on the economic integration in South East Asia has been predominantly focused on trade agreements and market liberalization (Thanh 2005, Dee 2007). While preferential trade agreements and regional institutional cooperation have been important stepping stones in the catching up process of many economies in the region, we argue that other drivers should be considered for the following years. Looking at the case study of Vietnam we therefore firstly account for its historical process of integration in the regional and global economy by way of the international agreements. This allows us to understand the relative positioning of this country in the world market. We subsequently develop an in-depth analysis of the current drivers for economic integration and internationalization. We argue that Vietnam's potential in the digital economy is distinctive in the Indochina region, and we develop a systematic analysis of the market trends.

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The Digital Economy in Vietnam as an Instrument of Global Integration

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