TY  - JOUR
T1  - Comparison of Special Economic Zones in Thailand and Vietnam
AU - Wahyuni, Sari AU - Cesar, Noverio 
JO  - International Business Management
VL  - 13
IS  - 10
SP  - 460
EP  - 469
PY  - 2019
DA  - 2001/08/19
SN  - 1993-5250
DO  - ibm.2019.460.469
UR  - https://makhillpublications.co/view-article.php?doi=ibm.2019.460.469
KW  - Special Economic Zone
KW  -high-technology
KW  -political economy
KW  -industrial policy
KW  -investment service
KW  -global value chain
AB  - Globalization has brought the idea of special
instrument which will enable a country to be competitive
in attracting investments. One of the most viable
instruments is Special Economic Zones (SEZ). The
success of SEZs development in China has inspired many
countries to develop the same concept, including
Southeast Asian countries. This paper aims to know how
Thailand and Vietnam as members of Southeast Asian
countries, developing success special economic zones in
their countries. Thailand has successfully brought the
local economies to the global value chain through SEZ.
While Vietnam has recorded remarkable economic growth
through the development of SEZs. This study will
discover some aspects in comparing the development of
SEZs in both countries. Several key success factors of
Thailand founded in this research are: clear incentive
schemes; strong government participation in promoting
local economies; good investment services. While in
Vietnam, the success factors are: strong government
direction; high-tax incentives.
ER  -