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Research On Risk Identification And Control Of International Finacial Leasing

Posted on:2020-06-18Degree:MasterType:Thesis
Country:ChinaCandidate:G Y ZhengFull Text:PDF
GTID:2439330572480253Subject:International business
Abstract/Summary:PDF Full Text Request
Vietnam has an important strategic position in the countries along the “Belt and Road” initiative in China.Vietnam is located in Southeast Asia and has a prominent geographical position.It is a transportation hub connecting China and Southeast Asian countries.In recent years,Vietnam's economic development has achieved remarkable results rapidly.In 2018,Vietnam's GDP has exceeded 240 billion U.S.dollars.Vietnam is also actively integrating into the development of regional economic cooperation while strengthening its own economic development.The status of Southeast Asian countries is becoming more and more important,but there are some problems in the development of Vietnam.The main problem is that the level of infrastructure in Vietnam cannot keep up with the speed of economic development,which has restricted the development of Vietnam's economy.Not only is the level of infrastructure construction in Vietnam not high,but the transportation infrastructure of the entire Southeast Asia region is also relatively backward.At present,the Vietnamese government has formulated a series of infrastructure project construction plans,and has begun to start construction of infrastructure projects in China.The most important part is the construction of the Vietnam Expressway network and the upgrading and upgrading of some railway projects.However,the current domestic infrastructure construction market in Vietnam is not optimistic.The main reason is that the funds needed for construction are huge.There is no large-scale source of funds in Vietnam.Therefore,Vietnam is also actively attracting foreign investment into Vietnam's infrastructure construction sector,using foreign capital.To improve the overall infrastructure level,Vietnam's current funding in the infrastructure sector is mainly the investment of the national government.The country's investment accounts for nearly 60%,and the ODA financing also plays a certain role.Vietnam's opening up in the infrastructure sector is also in line with China's“One Belt,One Road” initiative,which is currently actively deploying overseasmarkets and conducting overseas operations.It is suitable for financial leasing models for large-scale projects such as infrastructure construction.It can greatly reduce the financial pressure of the lessee at the initial stage of the project and ensure a good capital turnover.China and Vietnam can negotiate and cooperate on specific projects,which will not only accelerate the progress of infrastructure construction in Vietnam,but also drive Chinese financial leasing companies and engineering contracting companies to Vietnam to seek better investment opportunities.This paper first introduces the background of the research theme.Vietnam's domestic infrastructure construction is backward,capital construction needs are large,and China's financial leasing industry and financial leasing companies are actively“going out” to invest in overseas projects with the help of the “Belt and Road”initiative.It is possible to invest in the Vietnamese infrastructure market.The Vietnamese market is a market with potential for development.The construction of a large number of infrastructure projects will bring more investment opportunities.However,when Chinese financial leasing companies go to Vietnam to invest in infrastructure financing leasing projects,they will encounter various risks,and thus put forward the research significance of this paper,in order to have practical reference significance for Chinese companies and enterprises in the investment process.Secondly,it explains the concept related to international financial leasing,the risk causes and risk types of international financial leasing,and the theoretical basis of the first pass,paving the way for the following.Then,after analyzing the specific situation of the infrastructure construction market in Vietnam and the development and problems of the financial leasing industry in Vietnam,the risks that Chinese financial leasing companies may encounter when they go to Vietnam investment projects are identified.The main risk is credit.Risk,political risk and economic risk.Then it evaluates the previously identified risk utilization analytic hierarchy process.The analysis results show that credit risk is the most important risk faced by financial leasing companies,and relevant risk response measures are given for the risk assessment results.It is a comparative analysis of the financial leasing model and the BOT model for the construction of the first phase of the project of Vietnam YongxinCoal-fired Power Plant.Then,according to the analysis of the full text,the risk identification and control of the Chinese financial leasing company when investing in Vietnam is given.Finally,the conclusions of this study and the prospects for later research.
Keywords/Search Tags:financing lease, risk identification, infrastructure construction, analytic hierarchy process
PDF Full Text Request
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