Relations of international trading in goods between Vietnam and other countries in Asean +6
Abstract
With the overall purpose of studying the Vienam’s international trading with countries in the region, this thesis exams the trading flow between Vietnam and 16 countries in ASEAN+6 to investigate and evaluate the depiction of exporting and importing goods Vietnam and the 15 residual countries in the ASEAN + 6, scrutinize factors influencing international trade. The method of this research is desk research. To be more convincing, quantitative research methods is utilized by using use of regression method when applying gravity model in international trade whose theory Krugman (1985). Research data were collected in 16 countries within ASEAN +6 from 1990 to 2014, consist of import-export value of the country, trading value between Vietnam, population, gross domestic product, exchange rate. The research builds up the model of partner’s GDP and population, Vietnam’s GDP and population, exchange rate and distance influencing on international trading.
In conclusion, GDP of partner and Vietnam’s population have the positive impact on bilateral trading. This result indicate that Vietnam should improve the trading relationship with high income such as Japan, China, Singapore and so on in current situation which Vietnam population increase throughout the years. The exchange rate has complex and complicated effects on total trade, import and export. Whereas, the distance is no longer the main obstacle to liberal trading. Besides, FTA’s utilization is limited according the research’s finding.