E ISSN: 2583-049X

International Journal of Advanced Multidisciplinary Research and Studies

Volume 3, Issue 6, 2023

Enhanced Efficiency Attracting Many International Company Investment in Viet Nam

Author(s): Thuy Linh Vu


Vietnam is considered one of the countries with rapid economic growth in the region and the world. In recent times, the attraction of multinational companies has had great achievements, being awarded foreign investment to become members of an important part of the economy, actively contributing to the cause of economic development. - the country's society. Multinational companies in Vietnam have contributed to creating jobs and increasing income for workers; improve production level and capacity; increase state budget revenue, stabilize the macroeconomy; Providing basic economic services, innovating growth models; Enhance Vietnam's position and reputation in the international arena. However, in recent times, attracting multinational companies to invest in our country has had many limitations.

In the coming period, Vietnam's strategy to attract foreign investment capital will continue the trend of shifting from attracting at all costs to selectively attracting to increase national production capacity and spillover between regions. foreign direct investment (FDI) with the domestic economic sector; Limit FDI projects that negatively impact the environment or use outdated machinery and equipment that consume resources and energy; taking advantage of low-cost, low-skilled labor that creates little added value, low science and technology content... Besides, in the face of the shifting trend of FDI capital flows, as well as countries in the region are stepping up to attract high-quality FDI capital flows from multinational corporations and companies, Vietnam also needs to issue appropriate policies to welcome this wave of migration.

Based on the assessment of the current situation of multinational companies investing in Vietnam, the article proposes some solutions to improve efficiency in attracting multinational companies in the future.

Keywords: Multinational Company, Attract, Limit

Pages: 990-993

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