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Solutions to attract investment capital for tourism development: Evidence from Vietnam economy

The objective of this study is to propose solutions to attract investment capital for tourism development in Thanh Hoa province, Vietnam. Based on the theoretical framework following eclectic or “OLI model” developed by Dunning and Narula (1996) [Dunning, J., & Narula, R. (2003). | Solutions to attract investment capital for tourism development Evidence from Vietnam economy Accounting 6 2020 209 214 Contents lists available at GrowingScience Accounting homepage www.GrowingScience.com ac ac.html Solutions to attract investment capital for tourism development Evidence from Vietnam economy Huyen Le Hoang Baa Phuong Nguyen Thi Thua Thanh Ngo Chia Chinh Le Huya and Hanh Hoang Thanhb a Hong Duc University Vietnam b Academy of Finance Vietnam CHRONICLE ABSTRACT Article history The objective of this study is to propose solutions to attract investment capital for tourism Received September 2 2019 development in Thanh Hoa province Vietnam. Based on the theoretical framework following Received in revised format eclectic or OLI model developed by Dunning and Narula 1996 Dunning J. amp Narula R. September 2 2019 2003 . Foreign direct investment and governments catalysts for economic restructuring. Accepted October 15 2019 Available online Routledge. and data of 660 questionnaires collected from a survey of tourism investors in Thanh October 15 2019 Hoa provinces we found some important influential factors affecting the attraction of investment Keywords for tourism development in Thanh Hoa province. In particular the local government s policy of Investment attraction attracting capital appears to have the highest level of importance. The study has some policy Tourism development implications to increase the attractiveness of investment capital in tourism development in the Thanh Hoa area. 2020 by the authors licensee Growing Science Canada 1. Introduction The topic of attracting investment capital for socio-economic development in general and tourism in particular has received the attention of both scholars and practitioners Nguyen et al. 2019b . The scientific works in this field are quite diverse with different findings depending on the approach Gupta et al. 2003 . Research projects on capital mobilization for tourism development are mainly divided .