Business

international Direct Investment in Vietnam: An Overview Nick J. freeman Senior Advisor, Mekong Capital Ltd., Ho Chi Minh City attend Professor, National Economics University Business School, Hanoi. Paper prepared for the DfID entrepot on Globalisation and Poverty in Vietnam. Hanoi, 23-24th September 2002. 1 2 Foreign Direct Investment in Vietnam: An Overview1 abduct: Vietnam has been remarkably in(predicate) over the farthest decennium or so in attracting substantial contrary direct investment (FDI) inflows. The external-invested arena is straightaway an important element of the corporate community in Vietnam, and an as important engine of economic growth for the land. The musical theme reviews Vietnams experience with FDI bodily function since first go-ahead up to outside(prenominal) capital in the late 1980s. Weaknesses in the policy modelling pertaining to foreign investment may explain in representative why FDI inflows have not reinvigorated s ince the Asian pecuniary crisis. The paper identifies some policy options that might assistant Vietnam in attracting greater FDI activity in the future, and thereby endorse its crossbreed record as a major liquidator of foreign investment in East Asia. Introduction.

Since first promulgating a (relatively liberal) foreign investment law in 1987, Vietnam has been very flourishing in attracting FDI inflows into this developing, transitional economy. Indeed, FDI has been an important part of the economic transition, headache loosening and macro-economic growth story in Vietnam over the last decade or so. It is hard to envisage doi moi without the front man of FDI activity; an i! mported private sector for a country that only when had a fledgling private sector of its get at the beginning of the 1990s. By the end of the 1990s, although foreign-invested companies employed slight than 1% of the integral workforce in Vietnam, they cumulatively accounted for roughly 27% of the countrys (non-oil) exports, 35% of the countrys total industrial output, they constituted almost...If you want to get a exuberant essay, order it on our website: BestEssayCheap.com

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