International Journal of Advanced Multidisciplinary Research and Studies
Volume 4, Issue 3, 2024
Factors Affecting FDI Attraction into Vietnam in the Conditions of Implementing New Generation FTAs: Case Study at Bac Ninh Industrial Park
Author(s): Le Truong Phong
Abstract:
Vietnam has signed and is currently implementing commitments of many new generation free trade agreements (FTA). This is the driving force to help the economy recover quickly, becoming an ideal destination for foreign investors during the pandemic. However, how to take advantage of new generation FTA and effectively attract FDI capital from new generation FTA is a question for Vietnam. This article studies the factors affecting FDI attraction into Vietnam under the conditions of implementing new generation FTA. Using quantitative research methods, survey data processed through SPSS26 software, the article shows that there are 6 influencing factors: (1) political, (2) economic, (3) social, (4) technology, (5) law, (6) integration. From the research results, the author proposes a number of recommendations to attract more strongly and increase the efficiency of FDI capital flows into Vietnam.
Keywords: FDI, FDI Attraction, New Generation FTA
Pages: 1679-1682
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