Proceedings of the 2022 International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2022)

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Research on Economic Inequality in Vietnam’s Urban Residents: Export-Oriented Economy, Urbanization and Corruption

Authors
Lewen Qin1, Yijia Wang2, Yuancheng Wang3, *
1School of Foreign Language Studies, North China University of Water Resources and Electric Power, Zhengzhou, 450046, China
2School of European and Latin American Studies, Shanghai International Studies University, Shanghai, 201600, China
3Watts College of Public Services and Community Solutions, Arizona State University, Phoenix, 85003, USA
*Corresponding author. Email: ywan1206@asu.edu
Corresponding Author
Yuancheng Wang
Available Online 27 December 2022.
DOI
10.2991/978-94-6463-052-7_6How to use a DOI?
Keywords
Inequity; Vietnam; Export-orient economy; Corruption; Urbanization
Abstract

As one of the fastest growing countries in the world and a typical emerging market developing country, Vietnam has an economic miracle based on an export-oriented economy. While the influx of investment and foreign exchange into income opportunities in Vietnam, the economic gap in income and wealth has also widened due to corruption fueled by rapid urbanization and a boom in foreign trade exports. Therefore, studies on Vietnam's export-oriented economy, corruption, urbanization, and inequality have a good role in showing social problems in developing countries. At the same time, Vietnam can be used as an example to find solutions to similar social problems in similar countries. Based on the data of the World Bank and other authoritative databases, this study uses the Excel correlation test to study the degree of export-oriented economy, corruption, urbanization, and income inequality of urban residents in Vietnam, and finally determines the main factors of income inequality of urban residents in Vietnam. The reason is the low degree of urbanization and export-oriented economy, followed by corruption. With the social and economic development of Vietnam, Vietnam's urbanization and export-oriented economic development will continue to improve the standardization and legalization of social governance in Vietnam, reduce corruption, and improve economic inequality among urban residents in Vietnam.

Copyright
© 2022 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2022 International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
27 December 2022
ISBN
978-94-6463-052-7
ISSN
2352-5428
DOI
10.2991/978-94-6463-052-7_6How to use a DOI?
Copyright
© 2022 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Lewen Qin
AU  - Yijia Wang
AU  - Yuancheng Wang
PY  - 2022
DA  - 2022/12/27
TI  - Research on Economic Inequality in Vietnam’s Urban Residents: Export-Oriented Economy, Urbanization and Corruption
BT  - Proceedings of the 2022 International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2022)
PB  - Atlantis Press
SP  - 38
EP  - 52
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-052-7_6
DO  - 10.2991/978-94-6463-052-7_6
ID  - Qin2022
ER  -