INTRODUCTION
1. The rationale of the research subject
Over the past 30 years of implementing the policy of renovation of economic
management mechanism and international economic integration, Vietnam’s export activities
have been continuously expanded both in the market and the list of commodities with rapid
growth of goods export value, structure and quality of goods import and export have been
improved towards in increasing processed goods and high added value... Goods export has
been a major orientation and is one of the crucial areas of Vietnam in the process of world and
regional economic integration.
Besides the achievements, export growth in recent years has not been really solid, the
quality of growth and export efficiency is still low, the structure of commodity export has been
strongly shifted to processed goods, manufacturing, but still heavily dependent on foreigninvested enterprises; trade deficit is still a risk... At the same time, the economy still relies
heavily on trade growth, exploitation of natural resources, minerals, and export of raw
agricultural products or low processing content, processing goods at simple stage of the value
chain (processing of textiles, footwear, electronics ...).
In the period of 2018-2020 and vision to 2030, Vietnam will continue to integrate more
deeply into the world economy, participate in multilateral, multidimensional and multi-sectors
in the process of regional economic cooperation and the world as well. That integration, on
the one hand, will create a new impetus for socio-economic development, especially attracting
investment and promoting Vietnam's export to economies in the world. On the other hand, it
also requires Vietnam to accelerate the restructuring process, innovate the growth model,
improve the process of national resource distribution, increase the productivity of synthetic
elements and improve the competitiveness, flexibility of the economy...
In terms of theory, the process of restructuring, reforming the growth model, improving
the distribution of national resources...will change the structure of development investment
for goods export both in economic scope and scope in each enterprise.
Stemming from the existing problems in the development of Vietnam's goods export, as
well as the context and new requirements above, the PhD student has decided on the topic:
“Restructure of Vietnam's goods export development investment for the period till 2020
and the 2030 vision” to be the doctoral dissertation’s topic.
2. Overview of research projects

development investment till 2020 and 2030 vision.
In terms of space: Study the goods export investment development structure to develop
of Vietnam’s economy.
In terms of the content: Studying the structure of investment and export development
of goods (excluding services) in the economy.
5. Approach and research method of the dissertation
- The dissertation approaches the research object (the structure of investment in
developing export of goods in the economy) mainly from the perspective of restructuring the
investment in export development of industries and economic sectors in the economy and
within the export enterprises mainly from the perspective of adjusting the investment structure
towards in enhancing the competitiveness of enterprises on the export market.
- Research methods: Collecting primary and secondary information, through document
research and survey; processing data and synthesizing survey and investigation results;
systematization, generalization and overall methods in the overview research of published
projects related to the dissertation topic; analyzing and proving: descriptive statistics,
comparative statistics in the study to assess the current situation of structure and restructure
shift of development investment of goods export of Vietnam; interpolation and extrapolation
methods in proposing orientations and solutions to restructure export development investment
of Vietnam in the coming period.
6. New contributions of the dissertation
On the basis of an overview of domestic and domestic research projects, as well as the
research content of the topic “Restructure of Vietnam's goods export development investment
for the period till 2020 and the 2030 vision”, the dissertation has the following contributions:
Firstly, in terms of theory, the dissertation has clarified the concepts, nature and
characteristics of restructuring goods export development investment in the economy; indepth analysis of the relationships between investment structure and restructuring goods
export development investment with growth model and innovation of growth model in exportoriented economies in the integration trend; identify specific contents in restructuring
investment and export goods development and clarify the factors affecting the restructuring of
2



international integration
Developing export goods in the era of globalization is the continuous specialization
process in export-oriented economic sectors in the interaction among countries as well as
import and export manufacturing enterprises while participating in the global value chain.
1.1.1.2. Investment and investment structure to develop goods exports in the economy
Investment is the part of the accumulated output to increase production capacity in the
later period of the economy.
The concept of goods export development investment is the investment in physical
assets and labor in which enterprises spend money to conduct production and export business
activities to further increase or create new assets for businesses at the same time for the whole
economy, thereby increasing the production and business potential and all other production
and business activities.
3


Structure is the division of the ratio among different parts in the same aspect of the
overall.
Investment structure is the structure of investment components such as mobilized
capital structure; capital allocation and use structure ... forming a reasonable investment
structure and creating greater potentials in all socio-economic aspects.
The structure of goods export development investment is the ratio of the share of
additional expenditure lines of capital to maintain and improve export capacity is considered
from different aspects of the overall investment in developing commodity exports in the
economy.
Types of development investment structures for goods export in the economy include
goods export development investment structure by economic sectors; goods export
development investment structure by group of export goods; goods export development
investment structure under the classification of foreign trade standards.
1.1.1.3. The relationship between goods export development investment structure and
economic growth model



export goods, improve business efficiency, competitiveness of goods export enterprises,
increase quality, speed up the export of goods and economic transformation towards
industrialization, modernization and sustainable development.
1.1.2.2. The role of restructure of goods export development investment in the
economy
- Exploiting and promoting the resources of comparative advantages of each industry,
each region and the whole country into production and export business and changing the
structure of export development investment by sector and territory.
- Improve the competitiveness of enterprises and products in the export market.
- Developing export market: It is necessary to change the structure of development
investment, expand the commodity export market according to the motto of multilateralism,
diversify and invest in building and adjusting commodity export market development
strategies that appropriates in each specific period.
- Improving the efficiency of investment in goods export of the economy: Restructuring
investment is associated with improving the quality of goods export growth, increasing the
competitiveness of the economy, enterprises, exported goods; focus on improving investment
efficiency and export growth efficiency, both in terms of industry, goods and space.
- Contributing to model innovation and economic growth efficiency: restructuring
investment contributes to promoting economic growth from a wide scale, increasing quantity
and output to the depth, increasing quality and value, investment restructure transformation
from relying mainly on increasing the amount of investment capital, exploiting natural
resources with low labor costs to effectively use resources.
1.1.3. Investment entities and the role of implementation of restructure of goods
export development investment in the economy
1.1.3.1. The State and the role of implementation of restructure of goods export
development investment in the economy
- Organizing and managing the process of restructuring export development
investment: Orienting the shift of structure/ restructure of export development investment;

1.2. Content, mode and methods of evaluation of investment restructure process
for developing goods export in the economy
1.2.1. The content of restructure of goods export development investment in the
economy
1.2.1.1. Restructuring investment in goods export development according to the
investment capital of economic sectors
- Restructuring development investment of export goods according to the investment
capital of the State-owned economic sector (State budget capital, government bond capital,
State investment credit capital, investment capital of State owned enterprises).
- Restructuring investment in goods export development according to investment
capital of private enterprises and residents (non-state investment capital).
The value of an enterprise must depend on the present value of its activities, not on the
capital structure: Vg = Vu (1.4)
In which, Vg is the total value of debt-using enterprises; Vu is the total value of an
enterprise does not use debt.
Because of loan interest expense is a reasonable cost is deductible when calculating
enterprise income tax, therefor a part of the income of an enterprise using convertible debt is
transferred to investors.
- Restructure of goods export development investment according to investment capital
of foreign direct investment sector: Exploiting the best advantages of natural resources,
geographical location; attract external capital sources for domestic economic development;
acquiring modern technique and technology, business management experience through
cooperation or competition with foreign enterprises.
1.2.1.2. Restructuring export development investment by commodity
group, export industry
- Restructuring investment in export goods export according to statistical standards: In
order to build a reasonable structure of export investment and development by commodity
group, the adjustment of rate of investment in each export commodity group is carried out on
the principle of promoting the comparative advantage of the economy.
- Restructuring export development investment of commodity groups and industries

development investment in the economy
- Building, improving investment institution and fair competition, publicity,
transparency, and predictability.
- Using financial and monetary tools: taxes, fees, interest rates, prices.
- Signing and using international treaties on trade and investment as a tool to adjust the
structure of investment and export development of goods.
1.2.3. Method of assessing the process of restructure of export development
investment in the economy
1.2.3.1. Evaluation of direct change in export development investment structure
The component structure index is calculated (quantified) according to the following
general formula:
(1.5)
In which: I is the total value of export development investment (in the economy or
enterprise); rij is the ratio in percentage of the ith expenditure line in total export development
investment I at time of j; Rij is the value of the ith investment component in export
development investment total I at time of j.
Comparing the rate change of rij through the time of j will illustrate the trend of structure
shift, restructuring export investment in the economy over the years or in a period of n years.
1.2.3.2. Indirect assessment of the process of restructure of goods export development
investment in the economy
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- Criteria and methods for evaluating the process of restructuring investment
development investment goods: Determining by the change (increase or decrease) of each
component structure in each type of export goods structure for a certain period.
- Target and method to reflect the efficiency of restructuring export development
investment in the economy: The formula for export investment efficiency is as follows:
(1.6)
In which: k is the indicator reflecting the efficiency of export development investment;

CHAPTER 2: CURRENT SITUATION OF VIETNAM’S GOODS EXPORT
DEVELOPMENT INVESTMENT STRUCTURE
2.1. Overview of the situation of economic development
2.1.1. Overview of economic growth and economic structure shift
In terms of economic model: It can be affirmed that Vietnam's economy has strongly
changed following the model of export-oriented industrialization.

8


In terms of economic growth: With the export scale currently exceeding the scale of GDP
(in 2017), at the same time, Vietnam's export growth rate averaged 17.53% / year in the period of
2015 - 2011 and 14.93% / year in the years 2016 - 2017, it can be affirmed that exports have
become and are becoming the main driving force of the overall growth of our economy.
In terms of economic structure: Vietnam's economic structure has shifted strongly
towards increasing the proportion of industries. According to statistics, the proportion of
agriculture, forestry and fishery sectors has decreased from 38.06% in 1986 to 24.53% in
2010, 17.0% in 2015 and 15.24% in 2017. On the contrary, the proportion of industries –
construction sector in GDP has increased from 28.88% in 1986 to 36.73% in 2010, 33.25% in
2015 and 33.40% in 2017.
2.1.2. Overview of the status of investment capital and the structure of Vietnam's
economic development investment capital in the period of 2006-2017
* Scale, growth rate of investment capital in the economy
The total social development investment capital in the period of 2006 - 2017 at current
prices is maintained at a high level, equal to over 30% of GDP, of which the highest in 2007 is
42.7% of GDP and the lowest in 2013 is equal to 30.5% of GDP.
The growth rate of social investment capital in the period of 2006-2010 increased
13.18% per year on average, but decreased to 4.7% per year in the period of 2011-2015 and
recovered again in 2016 - 2017 with a growth rate of 10.3% / year.
* Structure of investment capital in the economy

than 200 billion VND accounted for 4.68%, from 200 billion to less than 500 billion VND
accounting for 1.22% and from VND 500 billion or more accounted for 1.06%.
2.2. Current situation of development investment structure of
Vietnam's goods export
2.2.1. Current situation of social investment structure shift into developing goods
export in social investment in the period of 2006 - 2016
2.2.1.1 Actual status of social investment structure shift into the development of
economic sectors involved to export goods
- Social investment capital in sectors with export participation of the economy often
accounts for over 60% of the total social investment capital, but tends to decrease slightly in
the period 2006 - 2017, from 64.45% in 2005 60.13% in 2017.
Table 1. Structure of social investment capital into economic development
participating in exporting goods in the period of 2005 – 2017
Proportion of capital invested in sectors
2005
2010
2015
2016
2017
64,45
62,08
63,42
60,80
60,13
I. The sectors in the export list
%
%
%
%
%

Ratio of export value of goods
0.08% 0.06% 0.05% 0.03%
5. Waste management and treatment
2,60% 2,59% 1,62% 1,76% 1,85%
Ratio of export value of goods
0.00% 0.00% 0.00% 0.00%
11,70
11,54
11,80
10,58
10,25
6. Transportation, warehousing
%
%
%
%
%
Ratio of export value of goods
0.00% 0.00% 0.00% 0.00%
7. Information and communication
3,64% 3,65% 1,40% 1,25% 1,20%
Ratio of export value of goods
0.06% 0.04% 0.05% 0.04%
8. Activity of professional, science and
technology
0,83% 1,12% 1,70% 1,70% 1,60%
Ratio of export value of goods
- 0.00% 0.00% 0.00%
9. Art, entertainment and entertainment
1,22% 1,51% 1,25% 1,42% 1,58%

Table 2. Structure of social investment capital in the economy by region between 2005
and 2017
2005
2010
2015
2016
2017
1. Domestic sector
Proportion of social investment
85.11% 74.16%
76.72% 76.40%
76.26%
Proportion of export value
42.82% 45.80%
29.40% 28.51%
27.55%
2. FDI sector
Proportion of social investment
14.89% 25.84%
23.28% 23.60%
23.74%
Proportion of export value
57.18% 54.20%
70.60% 71.49%
72.45%
Source: Statistical Yearbook 2017
2.2.1.3. Assess the relationship between increasing social investment and increasing
export value of goods
- By economic sector: Generally, for economic sectors, when increasing 01 VND
investment capital, it will create 2.93 VND worth of export value in 2006. This coefficient

84.43%
80.62%
81.13%
81.85%
Proportion of export value
45.80%
29.40%
28.51%
2. FDI sector
Proportion of business and production
capital of enterprises
15.57%
19.38%
18.87%
18.15%
Proportion of export value
54.20%
70.60%
71.49%
Source: Statistical Yearbook 2017
- Evaluate the relationship between the increase of production and business capital of
enterprises, revenue and increase in export value of goods.
- By economic sector: Regarding the ratio of export value / business and production
capital, according to the calculation data of the dissertation, it is generally calculated for
economic sectors, 1 VND capital for production and business of enterprises will create 0.12
VND to 0.16 VND of export value. This coefficient tends to increase gradually in the period
of 2010 - 2014, but is quite stable in 2014 - 2016.
- According to the economic sector involved in export: Regarding the ratio of export
value / business capital, according to the calculation data of the dissertation, the main export
industries such as agriculture, forestry and fisheries, mining, especially manufacturing and

Total

Number of
enterprises
59
34
46
3
13
122
8
5
128
418

Proportion %
14,1%
8,1%
11,0%
,7%
3,1%
29,2%
1,9%
1,2%
30,6%
100,0%

Source: Survey data of import-export enterprises, Institute of Industrial and Trade
policy and Strategy, Ministry of Industry and Trade
Table 2.5. Structure of survey samples according to the value scale of export goods

1
7
Type of
owned
0,0
3,4
0,0
3,1
3,7
0,0
3,8
5,3
2,0
enterprise exporter
% Total
0,0
0,6
0,0
0,3
0,6
0,0
0,3
0,3
2,0
Foreign Quantity
15
23
23
19
19

7
15
5
7
10
104
enterprise Type of
36,8 20,7
29,9
21,9
27,8
35,7
26,9
52,6
30,1
exporter
% Total
8,1
3,5
5,8
2,0
4,3
1,4
2,0
2,9
30,1
Private Quantity
25
19
22

2
3
0
2
0
19
Type of
10,5
3,4
3,0
6,3
5,6
0,0
7,7
0,0
5,5
exporter
% Total
2,3
0,6
0,6
0,6
0,9
0,0
0,6
0,0
5,5
Quantity
76
58

For investment activities to research and develop new export products, among 320
surveyed enterprises, there are 191/320 enterprises investing in new export product
development activities and 129/320 enterprises do not focus on investing in this activity. In
particular, state-owned enterprises and other types of enterprises invest little in this area
because state-owned enterprises are mainly loyal to traditional products with traditional
markets while other types of businesses are still facing many difficulties.
For investment activities to research and improve models and packaging for export
products, state-owned enterprises and enterprises in other types invest less in innovation
activities; improve models and packaging for export products. Enterprises are constantly
increasing over the years when competition in the export market is increasingly fierce and
difficult to access / expand the market.
Investing in customer research in the export market is the area most interested in
investing by businesses, with 219 enterprises selected out of 323 enterprises participating in
the survey. Most of the goods exporting enterprises in Vietnam spend part of their investment
in this research activity to understand the consumers of products: tastes, needs, shopping
habits...
Investment activities to research export channels of enterprises: Through investigation,
144/287 enterprises have invested in this activity, of which the number of joint stock
enterprises accounts for the largest with 53/287 enterprises. New enterprises that are operating
in the market not for a long time, need to conduct research activities to expand markets, find
potential markets and consumers as well as suitable forms of export to consume goods with
the most effective way.
Investment promotion activities: The number of Vietnamese export companies
interested in this field is not much, only 130/283 enterprises have invested in this activity,
accounting for 45.9% and focusing mainly on joint stock enterprises with 56/82 enterprises,
accounting for 43.1%. This may lead to some unfavorable conditions for our country's export
products when it is difficult to compete with new products invested heavily in the market with
many incentives on prices and export policies.
c / Some survey results on the enterprise's evaluation of investment level compare with
the current demand

f / Survey results on the main export activities of enterprises: The survey results show
that up to 69.3% of enterprises operating in the field of manufacturing and exporting, that is,
enterprises on progress purchasing raw materials from other enterprises, investing in
machinery and equipment to produce finished products, then exporting to markets in the
region and the world.
2.3. Current situation of factors affecting the structure of Vietnam's goods export
investment development
2.3.1. International factors
- The element of globalization and economic integration: Vietnam's participation in
international economic integration has had a strong impact on the model of economic
development in general and investment in export development in particular of the economy.
In this context, the restructuring of Vietnam's investment and export development will also be
affected by certain export markets and foreign direct investment flows.
- ASEAN economic linkage factor: ASEAN countries announced the establishment of
an Asian Economic Community (AEC) on December 2015. According to the AEC Master
Plan by 2025, the ASEAN region will form a common manufacturing area, a unified market.
This will be a factor affecting the restructuring process of export development investment of
Vietnam not only due to the increase in scale and scope of investment market, but also the
competitive pressure within ASEAN region.
- Foreign direct investment factor: The wave of FDI into Vietnam in particular and
ASEAN region increased sharply. However, international investors will choose one of the
ASEAN member countries in addition to the incentives that are more important than the
competitiveness of the economy, while Vietnam is at the bottom of competitiveness compared
with other countries in the region. This is a significant challenge for Vietnam not only in
increasing FDI attraction but also in exploiting trade development opportunities with
countries inside and outside ASEAN.
- Technology development factor in the world: Technological innovation to improve
competitiveness for Vietnamese enterprises is an urgent requirement in the context of
international integration and especially the industry revolution 4.0 can shorten the
industrialization process by leapfrog, leap forward to higher technology. However, without

export industries in particular.
- Domestic technology factors: Vietnam's technology development level is still low,
while financial investment for science and technology has not exceeded 1% of the annual
budget. The labor force with scientific and technical qualifications is lacking compared to the
development requirements of many industries. The relationship between science and
technology activities and economic activity is revealing obvious shortcomings.
- Infrastructure factors: Infrastructure in Vietnam is still weak. Specifically, lowquality grid system, large power loss; infrastructure of industrial parks is not synchronous,
lack of essential social infrastructure works; Information and communication infrastructure is
growing fast but the coverage of telecommunication network is uneven; multi-purpose
infrastructure projects are few, low investment efficiency ...
2.3.3. Internal factors of enterprise
According to the survey results of Vietnam Chamber of Commercial and Industry
(VCCI) in December 2015, only 9% of Vietnamese enterprises understand relatively carefully
about TPP Agreement (now is CPTPP Agreement); According to the Department of Import
and Export, Ministry of Industry and Trade, currently only 35% of Vietnam's exports take
advantage of incentives from Free Trade Agreements (FTAs). Most Vietnamese enterprises
are small and medium-sized (accounting for 97%), poor competitiveness, lack of capital,
16


outdated equipment use, low value-added products, weak likability as well as no specific
business strategy ...
2.4. Evaluation of the current situation of shift of structure of development
investment in Vietnam's goods export
2.4.1. Achievements
Firstly, Vietnam's economy has strongly changed following the export-oriented
industrialization model.
Secondly, development investment capital in the Vietnamese economy has shifted
towards focusing more on sectors and economic sectors aimed at increasing exports,
especially in processing and manufacturing industries.

- The creation of international business conditions and environment is more convenient
for goods import and export activities through the signing of international organizations and
agreements on trade and investment liberalization.
2.4.2. Limitations and causes
17


Firstly, investment in commodity export development is still largely in width, low
productivity and low added value.
Secondly, the overall growth of Vietnam's economy in general and the development of
commodity export in particular still relies heavily on investment capital, while the efficiency
of investment capital for economic growth is not high.
Table 2.6. Ratio of social investment / GDP and ICOR
Investment capital /GDP real price ICOR coefficient by price
(%)
2010
2006
38,1
4,57
2007
42,7
5,36
2008
38,2
6,75
2009
39,2
7,35
2010
38,5

Causes of shortcomings and limitations
- Objective causes: The world economy still contains many potential risks; the energy
demand of the world continues to increase strongly, affecting significantly the global
economic growth.
- Causes of mechanisms and policies of the Government, ministries and branches
Firstly, the state has not made breakthroughs to promote the growth of industrial
production, especially industries producing export goods, yet to create changes in the internal
structure of the industry according to way of increasing the proportion of high-tech industry is
accompanied by high added value.
Secondly, export-oriented and supporting industries are underdeveloped, the processing
and manufacturing industries are unreasonable between the stages, domestic raw materials
have not meet the demand for production, depending on the volatility of world supply and
demand.
Thirdly, the attraction and utilization of FDI sources are limited, especially the
technology transfer. The connection between FDI enterprises and domestic enterprises is

18


limited, obstructing productivity growth through technology transfer and improving
management skills.
Causes belong to enterprises: Small-scale domestic industrial enterprises and
competitiveness are generally low, and there are no competitive and regional brands of
industrial enterprises.
CHAPTER 3: SOLUTIONS TO IMPLEMENT RESTRUCTURE OF VIETNAM’S
GOODS EXPORT DEVELOPMENT INVESTMENT FOR THE PERIOD TILL 2020
AND THE 2030 VISION
3.1. World and domestic trade and economic prospects related to Vietnam’s goods
export investment for the period till 2020 and the 2030 vision
3.1.1. World economic and trade development prospects

poverty and inequality in persistent income within the economy and between economies.
19


3.1.2. Domestic economic and trade growth prospects
Vietnam's medium-term economic and trade development prospects are facing not only
external risks, but also domestic risks, in particular:
- The growth model has not yet changed in accordance with development requirements,
still heavily dependent on capital, resources and low-level labor.
- The implementation of restructure of state-owned enterprise and banking sector
restructuring is relatively slow, which may adversely affect the macro-financial situation,
harm the prospect of growth and create a large obligation for State sector.
- Growth motivation still depends a lot on FDI and export. Export growth may slow
down in the coming years as the global economy is expected to slow down in a cycle that
weakens the external demand.
- Monetary policy needs to be planned to ensure against domestic input price pressures
and / or increased global commodity prices and maintain moderate inflation.
- Current account is still in surplus but at a lower level since 2019 due to the increasing
deficit in income accounts and services.
- The control of overspending and public debt is an important goal of the Government
in the coming years, but will hinder the increase in investment in public service provision,
especially in infrastructure development investment.
- The issue of economic growth must go hand in hand with reducing poverty rates,
which will create conflicts in policy priorities.
In addition, in the long term, economic experts have proposed two scenarios for
economic growth in the period 2021 - 2025:
Firstly, if the growth model is converted slowly and intermittently; not make good use
of opportunities from international integration; State governance has not been improved
significantly, ... then Vietnam will achieve the growth rate of 6.5%; 6.7% inflation; speed of
investment in production (investment capital / GDP) 13.14%;

3.2. Viewpoint, objective and orientation of restructure of Vietnam’s goods export
investment for the period till 2020 and the 2030 vision
3.2.1. Viewpoint
- Restructuring development investment in goods export is a key task, throughout the
process of implementing model innovation, improving the quality of growth and economic
restructuring during the process of modernization and industrialization and international
economic integration.
- Restructuring investment in goods export development in combination with
increasing investment, exploiting the advantages and potential of export goods production and
increasing investment in raising production levels of industries and enterprises in economy;
the combination of increasing domestic and foreign resources attraction, focusing on
increasing domestic resources to export goods production.
- Restructuring investment in goods export development on the basis of rationally
ensuring export market development with developing domestic market, ensuring stable trade
balance; ensuring reasonable investment by economic region, domestic geographical area,
contributing to solving poverty reduction and environmental protection.
3.2.2. Objective
The proportion of social investment in the development of export economic sectors is
maintained equivalent to the period 2010-2018, from 62 to 64% of the total social investment
capital of the economy; The ratio of production and business capital of enterprises in export
industries in the total production and business capital of enterprises in the economy is higher
than that in the period of 2010-2018, corresponding to the rate of 35 - 40%; The rate of social
investment in the domestic economic sector is maintained at a high level equivalent to the
period 2010-2018, from 76 to 77% of the total social investment capital of the economy; The
ratio of production and business capital of domestic economic enterprises in the total
production and business capital of enterprises in the economy is higher than that in the period
of 2010-2018, corresponding to the rate of 82 - 85%.
3.2.3. Orientation of restructuring investment and export goods development
- Restructuring investment by economic sector involved to export goods: Restructuring
investment in export development in agriculture, forestry and fishery sectors; restructure

monetary policy. Operating interest rates, exchange rates in accordance with market
principles; restructure the budget expenditure in the direction of saving and improving the
efficiency of each expenditure item; restructuring public debt.
b / Solutions to improve the legal framework related to investment: Review, amend,
supplement and perfect mechanisms, policies and legal regulations on finance, state budget,
publicity, transparent; use infrastructure in the direction of ensuring favorable conditions for
production and business; continue to simplify and reduce administrative procedures; reduce
the cost of implementing administrative procedures and laws for business registration.
3.3.1.2. Solutions to mobilize investment capital for goods export development
a / For investment capital of the State: Enhancing discipline, transparency and
accountability in the use of state investment capital; consistent and effective implementation
of medium-term investment plans; focusing on investment from the state budget for
infrastructure development projects.
b / For non-state capital sources: Determining and announcing a list of feasible
infrastructure projects, focusing on import and export infrastructure; specifying conditions for
investors to be allocated or leased land to implement goods export development projects.
c / For foreign investment capital: To develop priority industries and trades, speed up
the economic transition and restructure. Develop specific criteria for assessing, evaluating and
selecting investors and foreign investment projects to achieve the objectives.
3.3.1.3. Solutions to ensure investment structure transition in the economy in general
and export development investment structure in particular

22


- Review and adjust the planning with the requirements of economic structure
transition in general and restructuring investment development of goods export.
- Restructuring investment in agricultural production in the direction of increasing
export, improving quality, added value and sustainability.
- Restructuring investment to develop industrial production in the direction of

- Organize and restructure production scale;
- Improve the competitiveness of goods;
- Increasing investment to improve science and technology;
- Improve the level of managers and train and foster staff.
3.3.2.2. For general trading and service export enterprises
- Increasing investment in market information;
- Strengthening the connection between enterprises and domestic and foreign industry
associations and promotion organizations;
23


- Investment in building a market penetration strategy;
- Improve management and professional skills for staff.
CONCLUSION
Restructure of goods export development investment plays an important role in the
economic growth and development of each country. Facing a new context in the country and
the world as well, which has had many impacts on commodity export development, Vietnam
needs to have new directions in restructuring goods export development investment and
improve competitiveness, in accordance with the process of international economic
integration and in the national industrialization and modernization process. From those
approach viewpoints, the dissertation: “Restructure of Vietnam's goods export
development investment for the period till 2020 and the 2030 vision” has focused on
research:
Systemize and clarify the rationale for investment structure and restructure of goods
export development investment in the economy.
On the basis of secondary and primary data sources, the dissertation has analyzed the
current situation of export development investment structure and restructure shift of export
development investment in the scope of economy and the scope of Vietnamese enterprises
doing export business.
On the basis of analyzing the domestic and foreign context, the guidelines and