Conference on Foreign Direct Investment: Opportunities and Challenges for Cambodia, Lao P.D.R. and Vietnam



Co-hosted by the IMF and the State Bank of Vietnam

Melia Hanoi Hotel, Hanoi, Vietnam

August 16–17, 2002

Participation by invitation only
For Press Coverage, contact sadams@imf.org

ProgramAugust 16 (Friday)
8:00–8:30Registration 8:30–8:45 Opening Remarks

Tran Minh Tuan (Deputy Governor, State Bank of Vietnam)

Wanda Tseng (Deputy Director, Asia and Pacific Department, IMF) Session IKey Issues and Trends for Foreign Direct Investment in Asia

    Chair: Tony Elson (IMF)
8:45–9:05Overview of Key Issues to be Addressed

Presenter: Chanpen Puckahikom (IMF) 9:05–9:25FDI Unique Contribution to Capital Flows and Investment in Capacity

Presenter: Assaf Razin (Tel Aviv University) 9:25–9:45Trends in Global and Regional Foreign Direct Investment Flows

Presenter: Yu Ching Wong (IMF) 9:45–10:00 Coffee Break Session IIExperience of East Asia in Attracting FDI Session II-ACase Studies on ASEAN

    Chair: Chia Siow Yue (Institute of Southeast Asian Studies)
10:00–10:45Japanese Foreign Direct Investment in East Asia with Particular Focus on ASEAN 4

Presenter: Shujiro Urata (Waseda University)

Discussant: Nick Freeman (Mekong Capital Ltd.) 10:45–11:30Foreign Direct Investment in Indonesia: Problems and Prospects

Presenter: Edward M. Graham (Institute for International Economics)

Discussant: Stephen A. Parker (USAID/STAR -Vietnam) 11:30 –12:15Foreign Direct Investment in Thailand: Performance and Attraction

Presenter: Peter Brimble (The Brooker Group Public Company Ltd.)

Discussant: Hooi Eng Phang (IMF) 12:15 –13:30Lunch

 Session II-B Case Studies on China and India

    Chair: Phung Khac Ke (State Bank of Vietnam)
 13:30–14:35Bringing FDI in Line with National Interests: The Chinese Experience

Presenter: Jiang Xiaojuan (Chinese Academy of Social Sciences)

China's Experience with Foreign Direct Investment and Some Lessons for Developing Host Economies

Presenter: Leonard K. Cheng (Hong Kong University of Science and Technology)

Discussant: Shujiro Urata (Waseda University) 14:35–15:20Foreign Direct Investment in India in the 1990s: Trends and Issues

Presenter: R. Nagaraj (Indira Gandhi Institute of Development Research)

Discussant: Wanda Tseng (IMF) 15:20–15:30 Coffee Break Session IIILegal and Tax Issues in Hosting FDI

    Chair: Sok Siphana (Ministry of Commerce, Cambodia)
 15:30–16:15Foreign Direct Investment: The Legal Environment

Presenter: Oliver Massmann (Baker & Mckenzie)

Discussant: Robert Glofcheski (UNDP) 16:15–17:00Tax Incentives in Cambodia, Lao P.D.R. and Vietnam

Presenter: Kevin Fletcher (IMF)

Discussant: Edward M. Graham (Institute for International Economics) 17:00–17:45Taxing Times in Vietnam

Presenter: Warrick Cleine (KPMG)

Discussant: Harry Brunt (Freshfield Bruckhaus Deringer)

 August 17, 2002
 Session IV Foreign Direct Investment in Cambodia, Lao P.D.R and Vietnam—Trends and Policy Issues

    Chair: Nguyen Thanh Xuan (Investment and Trade Promotion Centre, Vietnam)
 8:30–8:50FDI in Cambodia, Laos and Vietnam: A Regional Overview

Presenter: Nick Freeman (Mekong Capital Ltd.) 8:50–9:20Foreign Direct Investment in Vietnam: Results, Achievements, Challenges and Prospect

Presenter: Le Dang Doanh (Ministry of Planning and Investment, Vietnam)

Discussants: Jiang Xiaojuan (Chinese Academy of Social Sciences )

Susan Adams (IMF) 9:20–9:50Cambodia's Foreign Direct Investment: Situation and Strategy

Presenter: Hing Thoraxy (Council for the Development of Cambodia)

Discussants: Leonard Cheng (Hong Kong University of Science and Technology)

Comments by Robert P. Hagemann (IMF) :50–10:20Foreign Direct Investment in Laos—Trend, Context and Policy Issues

Presenter: Khamlien Pholsena (Committee for Planning and Cooperation, Lao P.D.R.)

Discussants: R.Nagaraji (Indira Gandhi Institute of Development Research)

Eric Sidgwick (IMF) 10:20–10:30Coffee Break Session V Panel Discussion and Summing Up

    Moderator: Wanda Tseng (IMF)
10:30–11:30Panel Discussion

Panel Speakers

    Chia Siow Yue (Institute of Southeast Asian Studies)
    Deepak Khanna (World Bank Group/IFC)
    Assaf Razin (Tel Aviv University)
    Jordan Ryan (UNDP)
    John Samy (Asian Development Bank)
11:30–11:45Closing Remarks

Wanda Tseng (IMF)

 12:00–13:00 Lunch