成长的烦恼:CPTPP下越南企业的经营效率与转型

IF 4.6 2区 经济学 Q1 BUSINESS, FINANCE
David K. Ding , Jiali Fang , Phuc V. Nguyen , Udomsak Wongchoti
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引用次数: 0

摘要

自由贸易协定通过扩大全球市场和加剧竞争,为本地企业带来了机遇和挑战。本研究考察了2018年越南企业如何适应《全面与进步跨太平洋伙伴关系协定》(CPTPP)。起初,由于投资和贸易信贷的增加,企业的效率有所下降,但很快就恢复了,市场开发和增长总体上有所改善。在胡志明证券交易所(Ho Chi Minh Stock Exchange)上市的盈利、流动性强的大型公司改善最为显著,这些公司在2019冠状病毒病大流行期间保持了弹性。这些结果凸显了越南企业在全球商业中蓬勃发展的能力。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Growing pains: Vietnamese firms' operational efficiency and transition under the CPTPP
Free Trade Agreements (FTA) offer both opportunities and challenges for local businesses by expanding global markets and increasing competition. This study examines how Vietnamese firms adapted to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) in 2018. Initially, businesses experienced a drop in efficiency due to increased investments and trade credit, but quickly recovered, showing overall improvement in their market exploitation and growth. The most significant improvements were seen in large, profitable, liquid firms listed on the Ho Chi Minh Stock Exchange that remained resilient during the COVID-19 pandemic. These results highlight the capability of Vietnamese firms to thrive in global commerce.
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来源期刊
CiteScore
7.10
自引率
4.20%
发文量
85
审稿时长
100 days
期刊介绍: The intent of the editors is to consolidate Emerging Markets Review as the premier vehicle for publishing high impact empirical and theoretical studies in emerging markets finance. Preference will be given to comparative studies that take global and regional perspectives, detailed single country studies that address critical policy issues and have significant global and regional implications, and papers that address the interactions of national and international financial architecture. We especially welcome papers that take institutional as well as financial perspectives.
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