VOlUME 05 ISSUE 05 May 2026
PhD Candidate, MSc. Nguyen Thi Hoa
Thu Dau Mot University
DOI : https://doi.org/10.58806/ijsshmr.2026.v5i5n06Google Scholar Download Pdf
ABSTRACT
This revised paper analyzes and compares the FDI attraction policies of China, Singapore and Thailand, updating data through 2024 and employing Dunning's OLI paradigm (1977, 2001) and Porter's Diamond Model (1990) as twin analytical frameworks throughout. The analysis shows that China exploits scale-driven location advantages (L), Singapore constructs institutional L advantages, and Thailand engineers spatially differentiate L advantages by design, while all three calibrate internalization (I) strategies to successive stages of supporting-industry development. Three substantive additions distinguish this version: (i) OLI-grounded interpretation of each model's success across all analytical sections; (ii) updated global FDI data for 2022–2024, including China's emerging deceleration and the ASEAN record of USD 235 billion (2024); and (iii) a dedicated discussion of the Global Minimum Tax (Pillar Two) impact on tax incentive effectiveness and the CPTPP/EVFTA constraints on mandatory localisation, leading to more operationally specific lessons for Vietnam.
KEYWORDS:FDI; OLI; investment attraction policies; China; Singapore; Thailand; GMT; Lessons for Vietnam.
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Cite this Article:Hoa, N. T. (2026). Foreign Direct Investment Policies of China, Singapore, and Thailand: Experiences and Lessons for Vietnam. INTERNATIONAL JOURNAL OF SOCIAL SCIENCE HUMANITY & MANAGEMENT RESEARCHS, 5(5), 930-936. https://doi.org/10.58806/ijsshmr.2026.v5i5n06