International experience in the management and use of foreign investment trust fund
Abstract
With developing countries want to have funds for economic development, the exploitation, maximum mobilization and effective use of all resources within and outside the country, including the foreign investment trust funds is essential demand. However, the reality in each country, mobilization and use of trust funds is different: some countries had succeed in effective use of trust;the others failed and the country fell into large-scale debt compare with GDP. If these countries received trust and used well that could have positive results, motivational boost growth and economic development; conversely, if they did not know how to do that could become debt burden, push poor countries in worse condition within the circles that undeveloped countries had.
This issue presented the international experiences, including successful experience of Thailand and the failure of Brazil and China in the management and use of foreign investment trust funds, which conclude a lessons for Vietnam. Within the scope of this article, foreign investment trust funds focused on funds entrusted for the Government and then Government entrusted for banks.