皇冠体育app

Abstract

This chapter presents three cases of foreign investors in Vietnam. All established joint ventures, yet their roles in them vary considerably. 皇冠体育app Danish Carlsberg Breweries established an early foothold in the Vietnamese market in 1993 via its Thai affiliate, with a conventional joint venture structure. 皇冠体育app joint venture has been operating fairly successfully, and extensive training of staff improved the productivity of both the joint venture and other operations of the local partner. 皇冠体育app Swedish engineering giant ABB accessed the local markets by establishing a joint venture that effectively took over an existing local firm. Hence, ABB had to take responsibility for restructuring and technological upgrading of the company. 皇冠体育app leading Japanese motorcycle brand, Honda, moved from imports to local production in a joint venture with a largely passive state-owned enterprise. 皇冠体育app new operation built a local supplier network, with potentially considerable spillover effects, yet not involving its local joint venture partner.

Citation

In: Investment Strategies in Emerging Markets by K. E. Meyer and S. Estrin, Edward Elgar Publishing Ltd, pp. 276-306

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