International Journal of Advanced Multidisciplinary Research and Studies
Volume 4, Issue 4, 2024
Solutions to Attract Foreign Direct Investment into Vietnam
Author(s): Nguyen Mai Phuong, Pham Thi Huong
Abstract:
This research examines the challenges and solutions to attracting foreign direct investment (FDI) in Vietnam, a critical driver of the country's economic growth and development. Through a qualitative approach, the study identifies key barriers, including complex regulatory environments, infrastructure limitations, human capital deficiencies, and political and economic stability concerns. To address these issues, the research proposes a multi-faceted strategy encompassing policy reforms, infrastructure development, human capital enhancement, promotional strategies, and financial incentives. By addressing the identified challenges and implementing effective solutions, Vietnam can enhance its attractiveness as an investment destination, foster economic growth, and compete globally. The study offers valuable insights for policymakers, businesses, and investors, guiding the development of targeted strategies to enhance FDI inflows into Vietnam.
Keywords: FDI, Foreign Direct Investment, Vietnam
Pages: 1253-1258
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