Vietnam: Open, Growing, but with so Much More Potential

Macdonald, Roderick; Nguyen, Trung Quang

doi:10.1007/978-3-030-79534-4_2

Cited by 1 publication

(3 citation statements)

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“…Second, according to Macdonald & Nguyen (2022), investors are still mostly chosen via contractor appointments, and certain investors' ability remains restricted; capital mobilization activity continues; The construction duration for certain works is still excessive, and the quality of other works falls short of the standards. This is an issue that joint stock commercial banks need to consider when making decisions to approve funding sources for BOT projects.…”

Section: Limitations and Suggestions For Further Studiesmentioning

confidence: 99%

“…Effective toll collecting operations in the form of BOT (Build -Operate -Transfer) projects are always a worry for many firms when they participate in BOT projects (Levy, 1996;Macdonald & Nguyen, 2022). Mobilizing investment resources to create infrastructure, particularly transportation infrastructure, via the use of Build -Operate -Transfer (BOT) contracts is the correct strategy for the Vietnamese Communist Party and State (Le et al, 2020;Macdonald & Nguyen, 2022). Collect social resources for the purpose of consulting on the development of socioeconomic infrastructure systems, particularly transportation infrastructure systems (Levy, 1996;Macdonald & Nguyen, 2022).…”

Section: Introductionmentioning

confidence: 99%

“…Mobilizing investment resources to create infrastructure, particularly transportation infrastructure, via the use of Build -Operate -Transfer (BOT) contracts is the correct strategy for the Vietnamese Communist Party and State (Le et al, 2020;Macdonald & Nguyen, 2022). Collect social resources for the purpose of consulting on the development of socioeconomic infrastructure systems, particularly transportation infrastructure systems (Levy, 1996;Macdonald & Nguyen, 2022).…”

Section: Introductionmentioning

confidence: 99%

See 2 more Smart Citations

Critical Factors that Influence the Effectiveness of Exploiting Toll Booth (Build - Operate - Transfer - Bot) Projects in Vietnam: Sponsorship Bank’s View

The,

Van,

Quang

2024

Intl. J. Rel.

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Vietnamese firms are particularly interested in the successful utilization of developments financed by toll stations (BOT). The research was done to determine the influence of a variety of variables on firms' capacity to efficiently utilize the BOT toll station project, including the following: From the standpoint of loan-financing banks. Financial statement information for five years (2018-2022) and the capacity profile of 35 firms that obtained loans from commercial banks to operate the BOT toll station project were gathered. Investment capital; economic efficiency; project operation personnel; project implementation experience; transparency in bidding; and location of BOT toll booths are all included in the research. Due to the fact that the data are temporal and spatial in nature, the panel regression approach is utilized using three models: (1) Using pooled OLS, (2) FEM, and (3) REM, the author estimated a regression model and evaluated it using the Hausman, Time Fixed Effect, and REM tests to determine the best appropriate model. The findings indicate that six factors influence an enterprise's capacity to exploit the BOT toll station project successfully, including investment capital; economic efficiency; project exploitation personnel; project implementation expertise; transparency in bidding; and location of the BOT toll booth. The outcome contributes to the corpus of knowledge by examining the chance of firms using the BOT toll station project efficiently in a developing nation like Vietnam. Additionally, it gives insight into public and private sector stakeholders' perspectives of how to efficiently use the BOT toll station project, which is critical for prospective stakeholders when deciding whether or not to invest in such projects.

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Section: Limitations and Suggestions For Further Studiesmentioning

confidence: 99%