Journal article

International Real Estate Investment and Urban Development: An Analysis of Korean Activities in Hanoi, Vietnam

HM Kim

Land Use Policy | ELSEVIER SCI LTD | Published : 2020

Abstract

Foreign Direct Investment (FDI) has been recognised as a major influence upon urban development within emerging economies. As the focus of production shifted toward higher skills and advanced technologies, expatriate high-skilled employees of the Multinational Enterprises (MNEs) began to play a significant role in FDI projects and recipient cities begin to experience urban development associated with residential development and community services for the settlement of these expatriate staff. This research reports on the experience of Korean investment in real estate following earlier projects in manufacturing activity in the Hanoi Capital Region. Korean investors are currently the largest FD..

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University of Melbourne Researchers

Grants

Awarded by Academy of Korean Studies Grant


Funding Acknowledgements

I am grateful to Emeritus Professor. Kevin O'Connor who read and edited the entire manuscript. He gave insightful suggestions at the various stages of this research. I would like to give thanks to anonymous reviewers for their constructive comments. I would like to express my appreciation to Mr. Ha Thai, Ms. Eunha Shin, and Ms. Ja Un Hwang for their research assistance. This research was supported by the Academy of Korean Studies Grant (AKS-2016-R08). Any remaining error is the responsibility of the author.