E ISSN: 2583-049X
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International Journal of Advanced Multidisciplinary Research and Studies

Volume 3, Issue 1, 2023

The role of joint ventures in international business



Author(s): Hua Thi Bach Yen

Abstract:

Vietnam is a developing country which has many potentialities, is known as a big supplier of the world about the goods such as: rice, textile, iron and steel and products made from iron and steel, wood and products made from wood. Until 2018, according to preliminary statistics of General Department of Customs, total import-export turnover of the whole country reached US$480.17 billion. In this situation, domestic enterprises must be changed and open to expand the scale, increase investment capital and gain a lot of profits. One of the current three forms of investment is joint ventures and business partnerships at home and abroad.


Keywords: Role, Joint Venture, Association, Business, International Business

Pages: 38-45

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