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t activities and NT Principles (National Treatment): country receiving FDI commitment to win the favorable investment conditions (incentives). In essence, the guidelines are directed to a common purpose which is to create equal business environment, investment environment, and equality between investors.(2) Most Favored Nation principle in investment activities - Guidelines MFN (Most Favored Nations): a country will win the favorable conditions (incentive) to international investors, when they conducted the investment on their national territory. Thus, we can say that equality in investment activities are considered "habitat" of the business. A good investment climate, ventilation will create favorable conditions for the operation of enterprises in general; reverse investment environment was "polluted", is the more problem, limited business development. Competitive investment environment. Competitiveness of the investment environment is the comparison of different investment environment in the same criteria. Investment environment changes not only between countries but even within one country. This occurs because of the differences in the management of the country in general as well as policy and administrative management of each locality in particular. The components of investment environment Political environment. The political stability is a key factor to attract investors. Host country government should have a reasonable policy to political stability and keep social stability in a long time. The foreign policy of openness will attract the attention and support of countries in the region, enticing them to join into the economic development of their countries. Political stability is a prerequisite to ensure the government's commitment to investors’ property investment, the policy priority investment and investment-oriented structure in from the country receiving investment. The political stability is essential to maintain the balance of the economy. The direct impact factors and inclusiveness increase or decrease risky investment activities. The rule of thumb for investors in general and foreign investors in particular is the safety of capital and interest because operating in unfamiliar environments, large investment and long-time capital withdrawal should worry foreign investors for their property being confiscated by the host country. Moreover, the unstable political situation often leads to inconsistency. Incumbent government can not commit to the property of foreigners in a foreign direct investment. Change of government also brings threats to foreign investors for the safety of their assets. This is one reason why current investment is often less in African countries and some other developing countries in South America. In contrast, a stable political situation ensures consistent development of the host country; thus committed to ensuring the safety for their legal property is made. This is clearly reflected in many developing countries and new industrial countries in Asia. The political stability of a country also decides political environment in that country. However, in the same country, regional environs tend to vary; and this will directly affect economic activity and foreign investment. The government’s capacity is also one of the factors to be considered because it can affect to such factors as geographical location, natural resources, weather but the government has a strong influence to ensure property rights, the regulatory and taxed (both inland and at the gate), satisfaction level of infrastructure, the operation of financial markets, the phenomenon of corruption and many other factors. This depends largely on the operating capacity and moral quality of the team leaders of the country. Legal administrative environment Legal system is one very important factor which plays a crucial role in creating the look of the investment environment. Legal system of a country can be expressed through a number of features below: - Build charter. - Calculate fullness and synchronize. - Calculate standard and integration. - Righteousness, is professed and capability is realized Geographic location and infrastructure environment Geographic location affects the actions of investors. Convenience and accessibility of a location is a big plus for an investor because both indicators present ways on how to mitigate some risks involved in the process. Also, infrastructure which includes system roads, and bridges, airports, seaports, telecommunication services and hotel interests investors and guarantees invitation calls for very active investors abroad. Geographical location and infrastructure of each country is different from one another because of its natural conditions and resources yet, government’s participation in addressing such pressing issues will settle the differences. Economic and Financial Environment. Each application of a common national economic policy depends on the individual development level and the objectives in which a country will pursue. A country creating favorable conditions to attract foreign capital sources must first implement open economic policies that ensure the economic cohesion of the country to the world market. This enables the country to participate in international division of labor; get goals for all its economic activities not only serve the domestic demand but also the needs of international market. In addition, the level of economic development of countries receiving investment include the development of macroeconomic management, infrastructure, provide quality services for business operations of the foreign investment and competition of the market as well as host country factors have a stronger impact for foreign investors. On that basis, the economic environment - the resources of each locality will be formed in accordance with the situation developed.The ability to create a healthy financial environment and banking system is a requirement set out in the process to improve the investment environment since no investment projects do not relate to the settlement capital, credit and regulatory supervision over monetary system. Financial background of a country is assessed through indicators such as the international balance of payments, international trade balance, inflation, exchange rates, and freely convertible currencies. Financial environment of a locality is reflected through the banking system, finance companies, stock market, and money market securities. These are the indicators which reflect the stability of the macro economy. Labor environment The labor cost in countries where investors expected to invest influences greatly on the efficiency of investment. The reason is that the labor force is plentiful low labor costs will attract the attention of. However, the current labor cost factor in less developed countries is no longer attractive for capitalist Since the revolution of modern science and technology has allowed to hasten the automation process and improve labor productivity. In such conditions, any of the staff workers who are trained to the level of scientific is considered an advantage; as through employers, investors not only want to record its benefits, but also to gain additional profit. In addition, a stable working environment also shows the calculated hardwork and spiritual discipline of the workers; and more importantly the strike situation and removal of the workers, the union organizations are prevented. This is a quite sensitive issue that an investor does not want to meddle with the host country. The meaning of the research investment environment To study the investment environment in host countries in improving economic environment, speeding up the process of integration between regional and universal economy, the selection strategy should be undermined in order to attract investors. Many countries implement economic strategies that create and open an economic environment. These factors stimulate and attract investment from a country; that it must be established and perfected and should be adjusted continuously by the receiving country the investment and goodwill of both parties resulting an economic engine. Conceptual Framework CONCEPTUAL PARADIGM Input INVESTOR PROFILE: Type of Business Ownership; Nature of Business; Business Size; Investor's Location; Capitalization PRESENT INVESTMENT ENVIRONMENT Political Legal - administration Geographic location and infrastructure Economic and Financial Labor INVESTMENT ENVIRONMENT IN TUYEN QUANG PROVINCE: A PROSPECT FOR DEVELOPMENT Output EVALUATION Figure 1: Conceptual paradigm of assessment of the investment environment in Tuyen Quang Province: A prospect for development. For a better understanding, a conceptual model was used to guide the researcher in conducting this study. The study employed the Input – Process - Output model. The first frame, which is the input, indicates the value of the existing of brand image through these factors: Form of investment, Sector of investment, environment in Tuyen Quang Province in terms of the following factors: Political; legal - administration; geographic location and infrastructure; Economic and financial; Labor. The second frame, which is the process, indicates the data gathering, evaluation through questionnaire checklist, analysis and interpretation of data. The third frame, which is the output, indicates the determined investment prospect yielding to a developed Tuyen Quang province. Chapter 3 RESEARCH METHODOLOGY This chapter discusses the research design, the firms‘ sample size and sampling technique, the description of respondents, the research instrument, the data gathering procedures and statistical treatment of data used by the researcher. Research Design In this study the researcher employed the descriptive method of research; it is the appropriate method in determining the perception of firm about brand image of Tuyen Quang province. Descriptive statistics were used to have an accurate portrayal of strengthening the brand image. This method was employed in this study because it is a fact – finding scheme designed to enable a researcher to adequately and accurately interpret collected data, as well as the result or findings. Population, Sample size and Sampling Technique In this study, the population was composed of 33 ongoing investment projects managed by 33 directors. The population of all these 33 directors served as the respondents. That is investor have licensed investment certificates. Time since the government promulgated the general investment law effect in 2006. Description of Respondents Respondents of the study were 33 directors handling investment projects in Tuyen Quang Province. Their responses described the present investment environment in the province as well as the prevailing problems. Research Instrumentation The researcher utilized the questionnaire as the main instrument for data gathering. The questionnaire collated in groups and ranked on a five point type scale to measure the perception investors about the investment environment in Tuyen Quang province. The self- made questionnaire was tested and validated. This was used as primary data collection device. It consisted of two parts: Part I: Investors information - Elicit the respondent’s profile that includes the name, age, gender, position in the company, type of business firms, type of business ownership, nature of business, business size, investor's location and capitalization. Part II: Investment environment information - Contain the questions accessed and evaluated by the respondents on investment environment in Tuyen Quang province. In realization of this research, the proponent constructed a survey questionnaire obtaining the necessary data on the variables indicated in this study. In addition, the researcher retrieved data from documentations which were provided by the investors. Unstructured interview was also conducted by the researcher to the respondents while in the process of administering the questionnaire. Data Gathering Procedure The researcher used a combination of questionnaire and interviews in acquiring information from the respondents. It sought other needed information from books, published and unpublished local and foreign studies and from the internet. In the actual conduct of the research, the researcher did the following procedures: Primarily, questionnaire was designed as the main data gathering instrument of this research. The researcher sought the advice and guidance from experts in the process of designing and developing the questionnaire in ensuring the validity and reliability of the data gathering instrument. The researcher also administered unstructured interviews during the actual distribution and collection of questionnaire. Statistical Treatment Formula: Percentage (%) % where: f = frequency N = Number of cases II. Weighted Arithmetic Mean where: = Weighted Arithmetic Mean = sum of all the products of f and x, where f is the frequency of each option and x is the weight of each option = sum of all the subjects The researcher adopted the Likert rating scale below and its descriptive interpretation for the questionnaire that was used in the survey: Rating Scale Descriptive Interpretation 5 Strongly Agree 4 Agree 3 Moderately Agree 2 Disagree 1 Strongly Disagree Chapter 4 PRESENTATION, ANALYSIS AND INTERPRETATION OF DATA This chapter presents the analysis and interpretation of the data. To present the sequence of findings of the study, the discussions were arranged according to the stated problems: Part I. INVESTOR PROFILE Type of Business Ownership 33.33% 24.24% 42.42% Company Shares Joint Venture Limited Corporation Figure2 . Type of Business Ownership of the respondents Figure 2 shows the distribution of respondents in terms of the type of business ownership in Vietnam. Company shares firm occupied the top spot with 14 respondents or 42.42% among the respondents. Joint venture firm landed at second with 11 respondents or 33.33% as eight respondents came from limited corporations with 24.24% of the total respondents. Nature of Business 63.64% 24.24% 12.12% Industrial sector Tourism Agricultture Figure 3 . Nature of Business Figure 3 shows the distribution of respondents according to their nature of business. Projects in the industrial sector hit rock solid with 21 respondents or 63.64%. Respondents from the tourism sector placed second with a frequency count of eight or 24.24% while respondents working in the agriculture sector relayed a frequency count of four or 12.12% from the total respondents. It can be construed that the industry sector is the chief sector in Tuyen Quang province. Business size 6.06% 54.55% 39.39% less than 15 billion VND over 200 billion VND 15-200 billionVND Figure 4. Business Size Figure 4 shows the distribution of respondents in terms of business size. 16 respondents have assets ranging from 15 to 200 billion VND accounted for 54.55% of the respondents. Coming in second are respondents having assets of more than 200 billion VND with a frequency count of 13 or 39.39 while only two respondents represent less than 15 billion VND projects or 6.06% from the total respondents. Through the data, it is construed that the majority of projects of the enterprises in the province has 15-200 billion capital. Investor's Location 90.91%; 9.09% domestic foireign Figure 5. Investor's Location Figure 5 presents the distribution of respondents in terms of investor’s location whether it is domestic or foreign. In the province of Tuyen Quang, majority of the respondents have domestic projects comprising of 30 investors or an overwhelming 90.91%, while only three respondents have the project for foreign investment or 9.09%. It can be opined that domestic investments dominate the province attraction of foreign investment (FDI) in the province is very minimal. Part 2. PERCEPTION THE PRESENT INVESTMENT ENVIRONMENT. Interpretation of Ratings and Weighted Mean: Scale Range Interval Choice Description Qualitative Description 5 4 3 2 1 4.50 – 5.00 3.50 – 4.49 2.50 – 3.49 1.50 – 2.49 1.00 – 1.49 Strongly Agree (SA) Moderately Agree (MA) Fairly Agree (FA) Moderately Disagree (MD) Strongly Disagree (SD) Most Significant Very Significant Fairly Significant Less Significant Least Significant Table 1: Investment Environment in terms of the Political Environment STATEMENTS WM Rank Verbal Interpretation The policies are well defined and clear. 3.24 1 Fairly Agree There is a reasonable economic development policy. 3.21 2 Fairly Agree There is a legal system to petitioner acts of corruption. 3.12 3 Fairly Agree There is investors’ policy which favors investors right. 3.09 4.5 Fairly Agree Political situation is consistent. 3.09 4.5 Fairly Agree There is an open foreign policy. 3.00 6 Fairly Agree There is political stability which ensures commitment to investors priority investment. 2.39 7 Moderately Disagree General Weighted Mean 3.02 Fairly Agree Table 1: Explains the investment in the province in terms of political environment. The indicator “The policies are well defined and clear.” ranked one with a weighted mean of 3.24 followed by the indicator, “There is a reasonable policy.” having a weighted mean of 3.21 and the indicator, “There is a legal system to petitioner acts of corruption” placed third at 3.12, weighted mean. Indicators at the bottom two are “There is an open foreign policy.” and “There is political stability which ensures commitment to investors priority investment.” having weighted means of 3.00 and 2.39 respectively. The respondents agreed that the investment in the province is fairly significant in terms of political environment. Open foreign policy and political stability should be worked out in order to carry the objectives for foreign investments. It implies that the policy environment of the province is relatively good, and investors have the confidence of the investment policy environment of Tuyen Quang province. Table 2: Investment Environment in terms of the Legal-Admistration Environment STATEMENTS WM Rank Verbal Interpretation There is an environment which calculates fullness and synchronicity. 3.18 1 Fairly Agree There is remission of business income tax. 3.09 2 Fairly Agree The policies are suitable for plan for economic, political and social development. 2.91 3 Fairly Agree There is an environment which righteousness is professed and capability realized 2.85 5.5 Fairly Agree There is licensing procedure set up an enterprise. 2.85 5.5 Fairly Agree There is land employed policy, water surface favorably, and certificate immediatey at the time of investment. 2.85 5.5 Fairly Agree There is no corruption phenomena and enterprise harassment. 2.85 5.5 Fairly Agree There is an environment which builds charter. 2.82 8.5 Fairly Agree There is no distinction between domestic and foreign investors. 2.82 8.5 Fairly Agree There is an environment which calculates standard and integration. 2.64 10 Fairly Agree General Weighted Mean 2.88 Fairly Agree Table 2: Explains the frequency and distribution that is critical to the satisfaction of business with the Legal - administration environment. Indicator “There is an environment which calculates fullness and synchronicity.” with a weighted mean of 3.18 as the indicator “There is an environment which calculates standard and integration.” surfaced at the bottom with a weighted mean of 2.88. The respondents agreed with a general weighted mean of 2.88 that the indicators of legal-adminstration environment are significant towards foreign investment. These are issues that Tuyen Quang gradually reforms to improve the investment environment of the province. Table 3: Investment Environment in terms of the Geographic Location and Infrastructure Environment STATEMENTS WM Rank Verbal Interpretation Internet system 3.30 1 Fairly Agree Schools system 3.09 2 Fairly Agree There is distance nearly when come to sea port and IAP 3.00 3 Fairly Agree Vocational training for workers system 2.97 4 Fairly Agree There is geographic location favouriably, near by big outlets. 2.94 5 Fairly Agree There is a favorable climate. 2.94 6 Fairly Agree Road Transport (roads and bridges) system 2.94 7 Fairly Agree Phone system 2.94 8 Fairly Agree Electrical system 2.94 9 Fairly Agree Clean Water system 2.94 10 Fairly Agree Parks, industrial clusters system 2.70 11 Fairly Agree There is natural resources, a-plenty 2.61 12 Fairly Agree General Weighted Mean 2.94 Fairly Agree Table 3 Explains the investment environment in terms of the geographic location and infrastructure environment. Indicators “Internet system”, “Schools system” and “There is distance nearly when come to sea port and IAP” filled the top three having weighted means of 3.30, 3.09 and 3.00, fairly agree, respectively. The respondents agreed with a general weighted mean of 2.94 that the indicators of geographic location and infrastructure environment are significant towards foreign investment. These are issues that Tuyen Quang gradually reforms to improve the investment environment of the province. Through surveys of consulted companies, the geographical location and infrastructure investment in the locality, the following are the interview contents: What factors have affected production and business growth, project owner, said as follows: - Having a favorable geographic location, near major markets is 2.94%, investors Assess the level is quite important. - Distance to the sea and airports by Ang investors assess the level of 3.0% achieved relatively good. - The natural resources of the province, investors interested in the evaluation of 2.61%, demonstrating the province's resources are increasingly depleted. - The Telecommunications; Internet: A highlight is the telecommunication industry in Tuyen Quang has many tries, coverage and mobile telephone networks continue to expand, more BTS installation, quality and information improved network better; but the quality is at the phone, not a stable place. - Electricity: Notably, power supply is not stable, continuous power outages caused extraordinary difficulties for business, travel power has not been frequently reported before. - Roads: According to the investor, the road system is not yet convenient. reached relatively 2.94% - Parks, industrial clusters: Currently the province has formed a major industrial zones and five industrial sectors in individual districts. however the current state of industrial parks is not the ground, bent low occupancy rates reached 2.7% - Schools, Vocational training for workers in the province reached 3.09, and 2.97% is relatively good. However, the vocational training is only a number of common trades, no specialized training. Table 4: Investment Environment in terms of the Economic and Financial Environment STATEMENTS WM Rank Verbal Interpretation There is ratio policy suitably 3.09 1 Fairly Agree There is productive money-market 2.88 2 Fairly Agree There is stock market 2.70 3 Fairly Agree There is banker's credit system. 2.64 4 Fairly Agree There is stable exchange rate 2.58 5 Fairly Agree There is open-door policy for economic integration with international economy. 2.55 6 Fairly Agree General Weighted Mean 2.74 Fairly Agree Table 4: Also explains the frequency and distribution is critical to the satisfaction of the business environment in economic and financial activities of the project in the province. The indicator, “There is ratio policy suitably” topped among the statements with a weighted mean of 3.09, fairly agree. Overall, the general weighted mean of this category is 2.74 which implies that the economic environment and financing of the province is relatively good, and investors need more mechanisms and policies on economic and financial in the implementation of investment projects in the province of Tuyen Quang. Table 5: Investment Environment in terms of the Labor Environment STATEMENTS WM Rank Verbal Interpretation There are systematic training with international standards 3.09 1 Fairly Agree There is skilled engineering worker staff 2.88 2 Fairly Agree There is a training strategy pollor market demand 2.70 3 Fairly Agree There are source of cheap labor for hire 2.64 4 Fairly Agree There is a team of management personnel at middle level 2.58 5 Fairly Agree There is a source of trained workers highly and sufficiently. 2.55 6 Fairly Agree General Weighted Mean 2.74 Fairly Agree Table 5: Shows the frequency and distribution is critical to business satisfaction with the working environment in the project activities in the province. Indicator, “There are systematic training with international standards” ranked first with a weighted mean of 3.09, fairly agree as the indicator, “There is a source of trained workers highly and sufficiently.” Ranked last at 2.55, weighted mean, fairly agree. Overall, the general weighted mean of 2.74 indicates a fair evaluation and only implies that the working environment of the province is relatively fair. Chapter 5 SUMMARY, CONCLUSIONS AND RECOMMENDATIONS This chapter presents the summary of the research, the findings, the conclusions and the recommendations to further improve investment environment in a prospect for the development of Tuyen Quang province. The descriptive research was employed in this study having 33 respondents. A survey questionnaire was developed and employed to serve as the principal source of data. Summary of Findings The following findings were noted from the result of the study: 1. The investors’ profiles in Tuyen Quang Province There were 33 forms distributed and all of these were retrieved. From the total number of respondents, 14 firm are company shares, occupying 42.42 %, Most respondents have projects in the industrial sector obtaining 63.64% from the total respondents. This can be seen that Tuyen Quang is favorable for the development of processing industry of construction materials mining. On domestic investment projects and foreign investment projects investment in the province of Tuyen Quang shows that projects of domestic investors has 30 investors, accounting for 90.91%. Through the data, the researcher found out that the attraction of foreign investment (FDI) in the province is very limited. Projects ranging from 15 to 200 billion are the majority among respondents in terms of their business size, 54.55%. Through the data, the researcher discovered that the projects of the enterprises in the province is 15-200 billion of capital from the majority and say the project size is not large. 2. The present investment environment in Tuyen Quang Province The investment environment is not attractive and strong enough to compete against some localities in the region. Postal infrastructure, telecommunications and information technology in the province compared with the country is still weak. The investment for infrastructure in key tourist areas, industrial parks, remote areas were not given sufficient attention. Work clearance, compensation and resettlement of land acquisition for projects discourage the investment. Improving investment environment lacks of synchronization, because of the absence of strategy to attract investment in social capital. Conclusions Along with the expansion and diversification of economic cooperation and international diplomatic activities to attract investment in a foreign country and plays an important role in economic development strategy - social Vietnam, Tuyen Quang province in general and particular. Combined with the capital and other resources, FDI will contribute to implementing the tasks of building Tuyen Quang became the first industrial city in 2020. But how to attract more investors to Tuyen Quang is the question not only for policy makers and local. On that basis, the dissertation "enhance the investment environment in Tuyen Quang province: the prospects for economic development" was formed and resolved the following: 1. Research focuses on the scientific reasoning relevant to the investment environment, the characteristics of investors, the potential and advantages in building and improving investment environment from which to draw lessons of experience in attracting capital investment to the province of Tuyen Quang. 2. Situation analysis of elements in environmental investment activities to attract investment capital of Tuyen Quang province to determine the strengths and potential opportunities of Tuyen Quang in parallel with the existing finding and challenges in the investment environment to gradually improve administrative environment - legal, environmental infrastructure and working environment, economic environment - financial ... also pointed out the challenges for domestic and foreign investors to invest in province Tuyen Quang about the existence and difficult decisions made on projects in the province. 3. From the actual situation on the investment environment and issues in the decision making of investors, the subject has taken the recommended steps to improve investment environment, the solution Suggest completed the first environmental friendly designed to promote private activities to attract to the principal in time to social and economic development in Tuyen Quang province . Recommendations: The complete solutions group investment environment to attract investment economic development in Tuyen Quang province. 1. Solutions to improve management mechanisms-administrative procedures a) Solutions to improve the management mechanism - Define clear determination to implement its "open economy", by just going in this direction, the economy of the city and break the pen can be developed, which clearly define the role of investment importance in the modernization period in the current phase of the province. + Focus healthy development and business operations of the industry is strong availability of capital to face a strong economy for the local. Create an equal business environment for all economic sectors operating in the province. + Quickly complete list of projects calling for investment capital: unified, transparent, clear planning grounds on branches in each period, with attention to the exploitation of the advantages of city and economic efficiency Socio - which brought the project in conformity with the interests of investors. The projects need to meet the conditions of objective information, location, implementing partners and forms of investment, raw materials, markets, infrastructure, human resource supply level. + To attract high-tech industries, advanced technology to operations in the industrial zones, especially the Long Binh An Industrial Park, but must ensure safety to the surrounding environment. Development of ancillary industries. + Manage the overall planning and long-term tourism development, types of tourism, which calls for investment in tourism has international stature, serving the needs of tourism development activities, as well as meet demand for recreation and entertainment for foreign investors. - Improved dynamic and proactive leadership. In addition to successfully carry out the clearance, compensation, city leaders need to stop investment spread, causing waste and large capital losses, which parallel, more closely with businesses foreign capital investment to resolve the difficulties and problems that businesses face in Tuyen Quang. - The provincial leaders need to just "tough", just "soft" in foreign affairs, foreign investment attraction: ready to permit withdrawal of some units, some projects do not ensure progress (previously made but not yet effective, relatively loose) requires investors to pay a deposit, commitment to conduct the project implementation period was agreed to approve ... for investors to think carefully before deciding to invest. Deposit, depending on each project, based on land rent, as well as depending on the importance and scale of the project. b) Solutions to improve administrative proceduresSolutions to improve administrative procedures in this thesis focuses on the administrative procedures of the Investment Promotion Center, Department of Planning - Investment. * Investment Promotion Center, Department of Planning - Investment: - Further strengthen the implementation of "one stop" in investment promotion center of Tuyen Quang, strengthen the investment support services. Support before issuing investment licenses, the licensing process and implementation of investment projects after the investment license. - Fast and dissemination into the "licensing of investment over the network." - The governing body, particularly the Department of Planning - Investment and Investment Promotion Center for the People's Committee to advise, formulate and promulgate the order process ... in the operation permit for the project investment in the province; advisory recommendations, issued preferential policies to encourage investment in sectors. 2. Solutions to improve environmental infrastructure To quickly end the "divide plots", "You should" split the land, especially land areas located in the planned economic development, tourism, culture - economic development method. Limit the status of "exchanging land for infrastructure", limiting the use of revenues from land taken back investment in infrastructure construction by the end of the land revenue and will no longer invest construction will fall into a "tired" today. - To limit the application of orders in the construction of infrastructure such as happened in the past 10 years. To complete the infrastructure must be associated with construction, economic development, harmonious living environment and ensures sustainable development and serve the future development of the province. + In addition to investment and build more medium voltage stations to the IP to avoid overload, the city needed a plan separate from the grid of the IP grid for activities outside the IZ to ensure stability of power for production and business activities in these areas. In addition, continued investment in water pipeline network to industrial zones. Currently, the majority of IPs are using water from groundwater sources exploited - Along with other investors to build factories for workers in industrial zones, housing, recreation facilities with activities for workers. These are factors that stimulate the increasingly effective work in the industrial zones, making it attractive for foreign investors. Enlist and rational use of capital investment and aid, especially ODA from other organizations in the world, to upgrade and improve the system ports, airports, and the belt economic corridor. - Quickly build infrastructure for investors life. Where to eat in place, amusement parks, hospitals, schools, ... must meet international quality, because "healthy birds from land," the new "peace." Only when the physical life to ensure the new investors to deepen fraternal friendship and development. 3. Solutions to improve the working environment - Labor force is abundant, low-cost labor is just the conditions needed to improve the working environment; new quality of labor is the decisive factor for the attractiveness of the working environment. Before the actual situation of labor and skill level of Tuyen Quang become increasingly scarce, Tuyen Quang province's leaders should take steps to create an infrastructure in a relatively complete education, from primary education to graduate, a policy of long-term vocational training, investment-oriented, consistent with development plans of the city to create a labor force with skill. - To invest in building more schools and technical workers to overcome the legacy of engineers and technical workers lack today. The city should link with other schools managed by the central or corporations are located in Tuyen Quang province to implement the training contract demand of economic development - social and financial support local schools to improve training quality. - An agent also important for the overall investment environment and working environment in particular is the local people. Important role of the people, not only because large quantities, but also a set of consumers, workers, and creative participants in all activities of the economy. The people have culture, discipline, skills and management qualifications would be long-term competitive advantage, consumption habits are motivating the development of production; virtue is friendly to attract potential Tourism and business cooperation, courage, creativity is the power to sustainable development. BIBLIOGRAPHY A. Books - Investment Law no. 59/2005/QH dated 29/11/2005 of the National Assembly socialist republic of Vietnam. - Decision 100/2008/QD-TTg July 15, 2008 Prime Minister's decision approving the overall planning of economic development - Tuyen Quang province by 2020. - Decision 109/2007/QD-TTg July 17, 2007 by Prime Minister promulgating the Regulation on formulation and program implementation of national investment promotion. - Decision 25/2007/QD-UBND August 14, 2007 promulgating the Regulation preferential policies to encourage investment in the province of Tuyen Quang - Decision 76/QD-SKH October 2, 2008 promulgating the regulation on the operation of the investment promotion center of Tuyen Quang. - Vu, Nguyen Minh .2005. Singapore has attracted investments of more than 6,000 multinational companies, newspaper Danang, on 25/05/2005, Page 84 - Phong, Nguyen Thuy Nam .2006. City of external enable to attract foreign investment. - Nhut, Pham Minh .2005. A number of measures to step up attraction of foreign direct investment in Danang. - Hao, Nguyen Van .2006. (Bank of Tokyo Mitsubishi UFJ), improve investment environment in Vietnam in the international economic integration, Economic Journal Asia-Pacific. - Huong, Nguyen Dinh .2003. Improve the institutional environment of all types to develop the market in terms of regional economic integration and the world, National Political Publishing House. - Investment Economic Publishing House National Economic University (2007) - Investment promotion skills Publishers national politics (2003). B. Internet http:// www.vneconomy.com.  ; Table 2 FREQUENCY AND WEIGHTED MEAN DISTRIBUTION ON POLITICAL ENVIRONMENT (N = 33) STATEMENTS SD (1) MD(2) NA(3) MA(4) SA(5) WM QĐ FREQ. % FREQ. % FREQ. % FREQ. % FREQ. % 1. Political environment 3,02 1.1 There is an open foreign policy. 4 12,1 8 24,2 8 24,2 10 30,3 3 9,1 3,00 1.2 there is a reasonable policy. 1 3,0 7 21,2 11 33,3 12 36,4 2 6,1 3,21 1.3 There is political stability which ensure commitment to investors priority investment. 5 15,2 16 48,5 7 21,2 4 12,1 1 3,0 2,39 1.4. there is investors policy which favors investors right. 0 0,0 7 21,2 16 48,5 10 30,3 0 0,0 3,09 1.5 The policies are well defined and clear. 3 9,1 7 21,2 7 21,2 11 33,3 5 15,2 3,24 1.6 Political situation is consistent. 0 0,0 7 21,2 16 48,5 10 30,3 0 0,0 3,09 1.7 There is a legal system to petitioner acts of corruption 1 3,0 8 24,2 13 39,4 8 24,2 3 9,1 3,12 Table 3 FREQUENCY AND WEIGHTED MEAN DISTRIBUTION LEGAL - ADMINISTRATION ENVIRONMENT (N = 33) STATEMENTS SD (1) MD(2) NA(3) MA(4) SA(5) WM QĐ FREQ. % FREQ. % FREQ. % FREQ. % FREQ. % 2. Legal - administration environment 2,88 2.1 There is an environment which: a. Build charter. 6 18,2 5 15,2 9 27,3 6 18,2 4 12,1 2,64 b. Calculate fullness and synchronize. 7 21,2 10 30,3 4 12,1 9 27,3 8 24,2 3,48 c. Calculate standard and integration. 6 18,2 14 42,4 10 30,3 4 12,1 3 9,1 2,88 d. Markedness and righteousness is professed and capability realized 3 9,1 7 21,2 4 12,1 9 27,3 3 9,1 2,42 2.2 There is licensing procedure set up an enterprise . 3 9,1 14 42,4 4 12,1 9 27,3 3 9,1 2,85 2.3 There is land employed policy, water surface favorably, and certificate immediatey at the time of investment. 3 9,1 14 42,4 4 12,1 9 27,3 3 9,1 2,85 2.4 There is no corruption phenomena and enterprise harassment. 3 9,1 14 42,4 4 12,1 9 27,3 3 9,1 2,85 2.5 The policies are suitable for plan for economic, political and social development. 5 15,2 7 21,2 12 36,4 4 12,1 5 15,2 2,91 2.6 There is no distinction between domestic and foreign investors. 5 15,2 8 24,2 11 33,3 6 18,2 3 9,1 2,82 2.7 there is remission of business income tax. 3 9,1 10 30,3 5 15,2 11 33,3 4 12,1 3,09 Table 4 FREQUENCY AND WEIGHTED MEAN DISTRIBUTION ON GEOGRAPHIC LOCATION AND INFRASTRUCTURE ENVIRONMENT (N = 33) STATEMENTS SD (1) MD(2) NA(3) MA(4) SA(5) WM QĐ FREQ. % FREQ. % FREQ. % FREQ. % FREQ. % 3. Geographic location and infrastructure environment 2,94 3.1 there is geographic location favouriably, near by big outlets. 6 18,2 5 15,2 10 30,3 9 27,3 3 9,1 2,94 3.2 There is distance nearly when come to sea port and IAP 0 0,0 11 33,3 13 39,4 7 21,2 2 6,1 3,00 3.3 There is natual resources source a-plenty 7 21,2 10 30,3 7 21,2 7 21,2 2 6,1 2,61 3.4 There is climate and hydrography favouriably 6 18,2 5 15,2 10 30,3 9 27,3 3 9,1 2,94 3.5 There are system: a. Road Transport (roads and bridges) 6 18,2 5 15,2 10 30,3 9 27,3 3 9,1 2,94 b. Phone 6 18,2 5 15,2 10 30,3 9 27,3 3 9,1 2,94 c. Electrical 6 18,2 5 15,2 10 30,3 9 27,3 3 9,1 2,94 d. Clean Water 6 18,2 5 15,2 10 30,3 9 27,3 3 9,1 2,94 e. Parks, industrial clusters 5 15,2 12 36,4 7 21,2 6 18,2 3 9,1 2,70 g. Internet 2 6,1 7 21,2 8 24,2 11 33,3 5 15,2 3,30 h. Schools 2 6,1 10 30,3 8 24,2 9 27,3 4 12,1 3,09 Vocational training for workers 5 15,2 5 15,2 11 33,3 10 30,3 2 6,1 2,97 Table 5 FREQUENCY AND WEIGHTED MEAN DISTRIBUTION ON ECONOMIC AND FINANCIAL ENVIRONMENT (N = 33) STATEMENTS SD (1) MD(2) NA(3) MA(4) SA(5) WM QĐ FREQ. % FREQ. % FREQ. % FREQ. % FREQ. % 4. Economic and Financial Environment 2,57 4.1 There is open-door policy for economic integration with international economy. 6 18,2 9 27,3 13 39,4 4 12,1 1 3,0 2,55 4.2 There is banker's credit system. 7 21,2 6 18,2 13 39,4 6 18,2 1 3,0 2,64 4.3 There is ratio policy suitably 3 9,1 7 21,2 11 33,3 8 24,2 4 12,1 3,09 4.4 There is productive money-market 5 15,2 4 12,1 15 45,5 8 24,2 1 3,0 2,88 4.5 There is stable exchange rate 6 18,2 12 36,4 4 12,1 4 12,1 3 9,1 2,21 4.6 There is stock market 3 9,1 12 36,4 3 9,1 8 24,2 0 0,0 2,06 Table 6 FREQUENCY AND WEIGHTED MEAN DISTRIBUTION ON LABOR ENVIRONMENT (N = 33) STATEMENTS SD (1) MD(2) NA(3) MA(4) SA(5) WM QĐ FREQ. % FREQ. % FREQ. % FREQ. % FREQ. % 5. Labor environment 2,74 5.1 There is a source of trained workers highly and sufficiently. 6 18,2 9 27,3 13 39,4 4 12,1 1 3,0 2,55 5.2 There are source of cheap labor for hire 7 21,2 6 18,2 13 39,4 6 18,2 1 3,0 2,64 5.3 There are systematic training with international standards 3 9,1 7 21,2 11 33,3 8 24,2 4 12,1 3,09 5.4. There is skilled engineering worker staff 5 15,2 4 12,1 15 45,5 8 24,2 1 3,0 2,88 5.5 There is a team of management personnel at middle level 6 18,2 12 36,4 8 24,2 4 12,1 3 9,1 2,58 5.6 There is a training strategy pollor market demand 3 9,1 12 36,4 10 30,3 8 24,2 0 0,0 2,70 Letter to the respondents UNIVERSITY OF SOUTHERN LUZON – THAI NGUYEN UNIVERSITY Jun 01, 2010 Dear ....................................................................... Greetings! I am prensently conducting a research study entitled “Assessment of the Investment Environment in Tuyen Quang Province: A Prospect for Development” as partical fulfillment of the requirement for the degree master in Business Administration (MBA) under the international Academe Consortium of the University at Southern Luzon (SLSU) – Philippines and Thai Nguyen University – Viet Nam. May I therefore request your very kind consideration by answering the attached survey instruments for the furpose of the study . Rest assured that your responser will only be used in this stydy. Thank you very much! Very truly yours, HOANG HAI TRUONG (TOM) APPENDIX SURVEY FORM FOR INVESTORS TITLE OF THESIS: “IMPROVEMENT OF INVESTMENT ENVIRONMENT FOR ECONOMY DEVELOPMENT IN TUYEN QUANG PROVINCE". By: Hoang Hai Truong (Tom) Please accomplish this questionnaire carefully and objectively to represent your opinion and it is expected that your answer will be based solely on your conviction, observation and personal experience. Kindly indicate your position by checking the box which you believe corresponds to your answer. Rest assured that your answer will be treated with utmost confidentiality. PART I. profile of respondents: Please fill-up all the items in this questionnaire and kindly tick the space that corresponds to your answer. Name: __________Gender:______________Age:______________ Firm___________ Position: _______________ Location: __________ Type of Business Ownership: ____________________________________________ Nature of Business: _____________________________________________________ Business Size (Scale): ___________________________________________________ Capitalization: _______________________________________________________ PART II. SURVEY QUESTIONNAIRE: Items on the table below intends to describe and evaluate the present investment environment. Please rate these items using the given scale below and tick the box that correspond to your answer. SCALE DESCRIPTIVE INTERPRETATION 5 Strongly Agree (SA) 4 Moderately Agree (MA) 3 Neither Agree nor Disagree (NA) 2 Moderately Disagree (MD) 1 Strongly Disagree (SA) INVESTMENT ENVIRONMENT 1 2 3 4 5 1. Political environment 1.1 There is an open foreign policy. 1.2 there is a reasonable economic development policy. 1.3 There is political stability which ensure commitment to investors priority investment. 1.4. there is investors policy which favors investors right. 1.5 The policies are well defined and clear. 1.6 Political situation is consistent. 1.7 There is a legal system to petitioner acts of corruption 2. Legal - administration environment 2.1 There is an environment which: a. Build charter. b. Calculate fullness and synchronize. c. Calculate standard and integration. d. Markedness and righteousness is professed and capability realized 2.2 There is licensing procedure set up an enterprise . 2.3 There is land employed policy, water surface favorably, and certificate immediatey at the time of investment. 2.4 There is no corruption phenomena and enterprise harassment. 2.5 The policies are suitable for plan for economic, political and social development. 2.6 There is no distinction between domestic and foreign investors. 2.7 there is remission of business income tax. 3. Geographic location and infrastructure environment 3.1 there is geographic location favouriably, near by big outlets. 3.2 There is distance nearly when come to sea port and IAP 3.3 There is natual resources source a-plenty 3.4 There is climate and hydrography favouriably 3.5 There are system: - Road Transport (roads and bridges) - Phone - Electrical - Clean Water - Parks, industrial clusters - Internet - Schools - Vocational training for workers 4. Economic and Financial Environment 4.1 There is open-door policy for economic integration with international economy. 4.2 There is banker's credit system. 4.3 There is ratio policy suitably 4.4 There is productive money-market 4.5 There is stable exchange rate 4.6 There is stock market 5. Labor environment 5.1 There is a source of trained workers highly and sufficiently. 5.2 There are source of cheap labor for hire 5.3 There are systematic training with international standards 5.4. There is skilled engineering worker staff 5.5 There is a team of management personnel at middle level 5.6 There is a training strategy pollor market demand 3- Other Comments: ……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………… Your inputs are highly appreciated. Thank you very much! CURRICULUM VITAE PERSONAL Name : HOANG HAI TRUONG Date of Birth : November 28, 1979 Place of Birth : Tuyen Quang Address : Tuyen Quang town, Tuyen Quang Province Civil Status : Married Wife : Nguyen Thi Tuyet Lan Children : Hoang Nguyen Hanh EDUCATION Elementary : Hong Thai Elementary School Minh Xuan District, Tuyen Quang Town 1985 – 1990 Secondary : Hong Thai Secondary School Minh Xuan District, Tuyen Quang Town 1990 – 1994 High School : Chuyen High School Minh Xuan District, Tuyen Quang Town 1994 – 1998 College : Hanoi Commecial University 1998 – 2002 EMPLOYMENT Position : Vice Director, Investment promotion centre - Tuyen Quang department investment and planning, Tuyen Quang Province