Public investment from the State budget in developing tourist areas in Ca Mau province - 1


MINISTRY OF EDUCATION AND TRAINING

HO CHI MINH CITY UNIVERSITY OF ECONOMICS


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TRAN QUOC THOI


Public investment from the State budget in developing tourist areas in Ca Mau province - 1

PUBLIC INVESTMENT FROM THE STATE BUDGET IN DEVELOPING TOURIST AREAS

IN CA MAU PROVINCE


MASTER'S THESIS IN ECONOMICS


Ho Chi Minh City – 2016


MINISTRY OF EDUCATION AND TRAINING

HO CHI MINH CITY UNIVERSITY OF ECONOMICS


TRAN QUOC THOI


PUBLIC INVESTMENT FROM THE STATE BUDGET IN DEVELOPING TOURIST AREAS

IN CA MAU PROVINCE


Major: Finance - Banking Code: 60340201


MASTER'S THESIS IN ECONOMICS


SCIENTIFIC INSTRUCTOR:

Prof. Dr. DUONG THI BINH MINH


Ho Chi Minh City – 2016

COMMITMENT


Full name: Tran Quoc Thoi.

Date of birth: January 13, 1975. Hometown: Ngoc Hien - Ca Mau.

Place of work: Ca Mau Provincial Employment Service Center.

Master's student in Public Finance class, Finance - Banking major, Ho Chi Minh University of Economics.

At the end of the training course, I was guided by Prof. Dr. Duong Thi Binh Minh to choose the topic: "Public investment from the State budget in developing tourist areas in Ca Mau province. The topic is new at a specific level.

I hereby pledge during the process of completing my thesis before the Thesis Evaluation Council of Ho Chi Minh University of Economics:

- I always try to do independent research based on the guidance of Professor Duong Thi Binh Minh.

- Scientific documents and data used in the thesis are cited and used in the thesis with citations according to regulations.

- The thesis is not copied from any published research work.

I hereby guarantee and take responsibility for my commitment.

Author


Tran Quoc Thoi


INDEX


COVER PAGE STATEMENT OF GUARANTEE TABLE OF CONTENTS

LIST OF SYMBOLS, ABBREVIATIONS LIST OF TABLES

INTRODUCTION

CHAPTER 1. THEORY OF PUBLIC INVESTMENT FROM THE STATE BUDGET IN DEVELOPING TOURIST AREAS

1.1. OVERVIEW OF THE TOURIST AREA

1.1.1. Concept of tourist area 7

1.1.2. Characteristics of tourist area 7

1.1.2.1. Basic characteristics of tourist area 7

1.1.2.2. Conditions for recognition of tourist area 8

1.1.3. Development of tourist areas 8

1.2. BASIC THEORY OF PUBLIC INVESTMENT

1.2.1. Concept of public investment and structure of public investment capital 9

1.2.1.1. Concept of public investment 9

1.2.1.2. Public investment capital structure 11

1.2.2. Views on public investment 12

1.2.2.1. Neoclassical perspective 13

1.2.2.2. Views in favor of state intervention 13

1.2.2.3. Views on balanced or unbalanced development 13

1.3. STATE BUDGET INVESTMENT CONTENT FOR DEVELOPMENT OF TOURIST AREAS

1.3.1. Characteristics of public investment capital for tourism development 15

1.3.1.1. Capital focused on infrastructure construction 15

1.3.1.2. Capital provided under project 16

1.3.2. Content of State budget investment in developing tourist areas . 16

1.3.2.1. Investment in infrastructure 16

1.3.2.2. Investing in tourist area assets 18

1.3.2.3. Other investments in tourism development 18

1.4. MANAGEMENT OF PUBLIC INVESTMENT FROM THE STATE BUDGET IN DEVELOPING TOURIST AREAS

1.4.1. Concept of public investment management in tourism development 19

1.4.1.1. Management concept 19

1.4.1.2. Concept of public investment management 20

1.4.1.3. Concept of public investment management in tourism development 20

1.4.2. Contents of public investment management for tourism development 20

1.4.2.1. Management of tourism development 20

1.4.2.2. Contents of investment management in developing tourist areas 20

1.5. IMPACT OF PUBLIC INVESTMENT FROM THE STATE BUDGET ON THE DEVELOPMENT OF TOURIST AREAS

1.5.1. Promoting tourism development 21

1.5.2. Promoting the improvement of tourism service quality 22

1.5.3. Attracting investment capital from the private sector and foreign countries 23

1.5.4. Contribute to international integration and exchange in the tourism sector 23

CHAPTER 2. CURRENT STATE OF PUBLIC INVESTMENT FROM THE STATE BUDGET FOR THE DEVELOPMENT OF TOURIST AREAS IN CA MAU PROVINCE

2.1. CURRENT STATUS OF TOURISM DEVELOPMENT IN CA MAU

2.1.1. Tourism development potential of Ca Mau province 25

2.1.2. Current status of tourism development in Ca Mau province 26

2.1.2.1. About the transport infrastructure serving tourism 26

2.1.2.2. On economic infrastructure serving tourism 26

2.1.2.3. Travel agencies and tour companies 27

2.1.3. Advantages and difficulties in developing tourist areas 28

2.1.3.1. Basic advantages 28

2.1.3.2. Main difficulties and challenges 28

2.1.4. Strengths of tourism development of Ca Mau province 29

2.1.4.1. Ecotourism is the greatest strength of Ca Mau 29

2.1.4.2. Cultural and culinary tourism is the development strength of Ca Mau 30

2.1.4.3. Community ecotourism and other types of tourism 31

2.2. CURRENT STATE OF STATE BUDGET PUBLIC INVESTMENT IN DEVELOPING TOURIST AREAS IN CA MAU

2.2.1. Proportion of investment in tourism in the State budget of the province 31

2.2.2. Investment in infrastructure of tourist areas in Ca Mau province 33

2.2.3. Investment in assets of tourist areas in Ca Mau province 35

2.2.4. Other investments in tourism development in Ca Mau 37

2.2.4.1. Investing in research on policies and mechanisms for developing tourist areas . 37

2.2.4.2. Investing in training and developing human resources for tourist areas 38

2.3. MANAGEMENT OF PUBLIC INVESTMENT FROM THE STATE BUDGET IN DEVELOPING TOURIST AREAS IN CA MAU

2.3.1. Analysis of the current status of public investment management in projects39

2.3.2. Analysis of the current status of project implementation progress40

2.3.2.1. On the progress of survey and planning for the development of tourist areas 40

2.3.2.2. On the progress of implementing the development of tourist areas 41

2.4. ANALYSIS OF THE IMPACT OF PUBLIC INVESTMENT FROM THE STATE BUDGET ON THE DEVELOPMENT OF TOURIST AREAS IN CA MAU

2.4.1. Promoting the development of Ca Mau tourism industry 42

2.4.1.1. On the number and growth of tourists 42

2.4.1.2. On contributions to the State budget 43

2.4.2. Improving the quality of tourism services 44

2.4.2.1. Creating connections between tourist routes 44

2.4.2.2. Improving the quality of tourism services 46

2.4.3. Attracting private and foreign investment 47

2.5. EVALUATION OF PUBLIC INVESTMENT FROM THE STATE BUDGET IN DEVELOPING TOURIST AREAS IN CA MAU

2.5.1. Basic successes 48

2.5.1.1. Building public investment orientation and strategy 48

2.5.1.2. Selection and planning of investment in development of tourist areas 50

2.5.1.3. Fine-tune the investment process and quickly correct errors 50

2.5.2. Notable limitations and disadvantages 51

2.5.2.1. Limited State budget resources 51

2.5.2.2. Investment is spread out and lacks concentration 51

CHAPTER 3. SOLUTIONS TO INCREASE PUBLIC INVESTMENT IN DEVELOPING TOURIST AREAS IN CA MAU

3.1. ORIENTATION FOR DEVELOPMENT OF TOURIST AREAS IN CA MAU IN THE PERIOD 2016 - 2020

3.1.1. Orientation goals52

3.1.2. Orientation content 52

3.1.2.1. Orientation on spatial organization 52

3.1.2.2. Orientation of tourism product diversification 52

3.1.2.3. Orientation for developing infrastructure serving tourism 53

3.1.2.4. Human resource orientation 53

3.1.2.5. Orientation on management organization 53

3.1.3. Recommendation 54

3.2. SOLUTIONS TO INCREASE PUBLIC INVESTMENT FROM THE STATE BUDGET IN DEVELOPING TOURIST AREAS IN CA MAU

3.2.1. Increase investment in infrastructure of tourist areas55

3.2.1.1. Mobilizing resources from the central government 55

3.2.1.2. Collect correct and sufficient taxes and fees from the benefits of tourist areas 55

3.2.1.3. Good management of investment and investment capital 56

3.2.2. Restricting investment in tourist area assets56

3.2.3. Increase investment in human resources of tourist areas57

3.2.4. Increase investment in promotion and advertising for tourist areas58

3.3. SOLUTIONS FOR MANAGING PUBLIC INVESTMENT FROM THE STATE BUDGET IN DEVELOPING TOURIST AREAS IN CA MAU

3.3.1. Tourism development planning must be associated with advantages and social security.58

3.3.2. Fully and qualitatively implement the steps of the public investment process59

3.3.2.1. About appraisal work 59

3.3.2.2. On independent assessment work 59

3.3.2.3. On the work of evaluating the effectiveness and efficiency of project 60

3.3.3. Prevent loss and waste60

CONCLUDE

REFERENCES

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