Title Page
Contents
ACRONYMS 10
CHAPTER I. INTRODUCTION 11
1.1. Background 11
1.2. Goals of study 12
1.3. Objects of study 12
1.4. Method of research 12
1.5. Structures of study 12
CHAPTER II. THEORETICAL BACKROUND 14
2.1. Definitions 14
2.1.1. Tourism industry 14
2.1.2. Investment 15
2.1.3. Capital 15
2.1.4. Foreign direct investment 16
2.2. Factors affecting of investment 16
2.2.1 Overview 16
2.2.2. Factors affecting of investment 17
CHAPTER III. OVERVIEW OF ATTRACTING TOURISM INDUSTRY INVESTMENT AND PROBLEMS OF KHANH HOA 20
3.1. Overview of Khanh Hoa tourism research 20
3.1.1. Target tourists and tourism revenue 20
3.1.2. Conditions of equipped facilities 22
3.1.3. Activities of travel business and travel guide 24
3.1.4. Construction and exploiting routes, destinations 25
3.1.5. Development goals 26
3.2. Current situation of attracting tourism industry investment to Khanh Hoa 28
3.2.1. Situation of attracting tourism industry investment to Khanh Hoa 28
3.2.2. Situation of capital invested in Khanh Hoa tourism industry 29
3.2.3. The success in attracting tourism industry investment to Khanh Hoa 30
3.2.4. The existence of attracting tourism industry investment to Khanh Hoa 32
3.3. Problems of Khanh Hoa tourism industry 34
3.3.1. Difficulty in attracting domestic investment capital 34
3.3.2. Difficulty in attracting foreign direct investment (FDI) 38
3.3.3. Limitation of contribution in provincial economic growth 42
3.3.4. Slowly affect to economic restructure 43
3.3.5. Limitation of contribution in provincial budget 44
3.3.6. Weak impact of creating jobs for local workers 46
CHAPTER IV. CASE STUDY OF ASIAN COUNTRIES TOURISM INDUSTRY 47
4.1. Case of Thailand research 47
4.1.1. Overview of the current situation of tourism development 47
4.1.2. Review and analysis of the present status of economic benefits of tourism 48
4.1.3. Review and analysis of factors influencing decisions on investment in tourism infrastructure 49
4.1.4. Specific area of tourism infrastructure requiring investment 50
4.1.5. Incentives for private sector investment in the tourism industry 51
4.1.6. Issues and impediments to increasing investment in tourism infrastructure 54
4.2. Case of Malaysia research 55
4.2.1. Overview of the present situation in tourism development 55
4.2.2. Review and analysis of the present status of economic benefits of tourism 56
4.2.3. Review and analysis of the present status of investment in tourism infrastructure, and policy directions 57
4.2.4. Review and analysis of factors influencing decisions on investment in tourism infrastructure 60
4.2.5. Specific areas of tourism infrastructure requiring investment 61
4.2.6. Issues and impediments to increasing investment in tourism infrastructure 61
4.3. Case of Indonesia research 63
4.3.1. Overview of the situation in tourism development 63
4.3.2. Review and analysis of the present status of economic benefits of tourism 64
4.3.3. Review and analysis of the present status of investment in tourism infrastructure, and policy directions 66
4.3.4. Review and analysis of factors influencing decisions on investment in tourism infrastructure 67
4.3.5. Specific areas of tourism infrastructure requiring investment 69
4.3.6. Issues and impediments to increasing investment in tourism infrastructure 70
CHAPTER V. SOLUTIONS FOR ATTRACTING TOURISM INDUSTRY INVESTMENT INTO KHANH HOA 73
5.1. The points of tourism development in Khanh Hoa Province 73
5.2. Opportunities and challenges of Khanh Hoa tourism industry 74
5.2.1. Opportunities 74
5.2.2. Challenges 78
5.3. Solutions of attracting tourism industry investment to Khanh Hoa 80
5.3.1. Mobilizing funds from domestic businesses and privates 81
5.3.2. Continue supporting capital for tourism enterprises in Khanh Hoa 82
5.3.3. Attracting foreign direct investment (FDI) 85
5.3.4. Reforming of administrative procedures and creating a healthy investment environment 87
5.3.5. Support for existing investors 88
5.3.6. Use national budget funds to improve tourism infrastructure 88
5.3.7. Strengthening investment promotion, tourism promotion 90
CHAPTER VI. CONCLUSION 92
6.1. Common conclusion 92
6.2. Recommendations for Khanh Hoa tourism industry 93
6.2.1. Focus on training, human resource development 93
6.2.2. Protect the natural environment to attract investment 94
REFERENCES 97
ABSTRACT 100
〈Table 1〉 Accommodation establishments in Khanh Hoa during the period of 2002 -2009 22
〈Table 2〉 Number of investment projects into Khanh Hoa tourism from 2006 to 2009 28
〈Table 3〉 Situation of attracting investment capitals into Khanh Hoa tourism industry from 2001 to 2009 29
〈Table 4〉 Situation of investment capital from federal budget into tourism infrastructure in Khanh Hoa Province from 2001 to 2009 35
〈Table 5〉 Classification of FDI sources into Khanh Hoa tourism 38
〈Table 6〉 Classification of FDI into Khanh Hoa Province according to types of investment 40
〈Table 7〉 Analysis investment effectiveness of enterprise that has foreign investment capital from 2004 to 2009 41
〈Figure 1〉 Tourism revenue and the number of tourist in Khanh Hoa Province during the period of 2002-2009(1usd=18500vnd) 21
〈Figure 2〉 Invested situation of accommodation establishments and rooms in Khanh Hoa during the period of 2002-2009 23
〈Figure 3〉 Contribution total products of tourism industry to total products of Khanh Hoa Province 2003-2009 43
〈Figure 4〉 Economic structure of Khanh Hoa Province during period of 2002- 2009 44
〈Figure 5〉 Contribution of tourism into total provincial budget of Khanh Hoa Province during period of 2003-2009 45
〈Figure 6〉 Contribution into creating jobs for local workers in Khanh Hoa Province during period of 2003-2009 46
〈Figure 7〉 Tourists of Khanh Hoa MICE tourism in 2010/3 76