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Attracting Foreign Direct Investment in Vietnam – Opportunities and Threats

Received: 23 March 2019     Accepted: 22 April 2019     Published: 15 May 2019
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Abstract

Foreign direct investment (FDI) has played an important role in boosting Vietnam’s economic growth with great contributions in terms of several aspects. Vietnam has recently signed in various international agreements and treaties ralated to global integration such as Free trade agreements (FTAs) with many countries, Comprehensive ASEAN Investment Agreement (ACIA) and Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). All of them has been opening hopeful opportunities to attract FDI into Vietnam in the next period of time. However, attracting FDI also has faced several threats from both inside and outside environment. The study focused on SWOT analysis of attracting FDI in Vietnam in the period of 2008-2018, and then gave some recommendations to improve Vietnam’s potential FDI attraction in the new period of the world economy.

Published in Journal of Investment and Management (Volume 8, Issue 2)
DOI 10.11648/j.jim.20190802.14
Page(s) 53-59
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2019. Published by Science Publishing Group

Keywords

FDI, Vietnam’s Socio-Economy, Opportunities, Threats, FDI Projects, Investment, Attracting

References
[1] Nguyen Tan Vinh. (2017). Overview of FDI in Vietnam during nearly 30 years. [http://kinhtevadubao.vn/chi-tiet/92-7662-nhin-lai-gia-tri-cua-fdi-o-viet-nam-sau-gan-30-nam.html] Accessed on March 1st 2019.
[2] General Statistics Office of Vietnam. (2008-2018). Monthly socio-economic situation. [http://www.gso.gov.vn]. Accessed on March 10th 2019.
[3] Tran Ngoc and Huy Phuong. (2018). Impressive numbers of FDI in 2018. [https://vov.vn/kinh-te/nhung-con-so-an-tuong-ve-fdi-nam-2018-857445.vov] Accessed on January 20th 2019.
[4] Foreign Investment Agency- Ministry of Planning and Investment of Vietnam. The situations of attracting FDI into Vietnam. Hanoi: Reports, 2008-2018.
[5] General Customs of Vietnam. Vietnam’s Export and import goods. Hanoi: Report, 2008-2018. [http://www.customs.gov.vn] Accessed on February 10th 2019.
[6] Ministry of Natural resources and environment. Report of environment 2018. Hanoi: Natural resources and environment publisher, Vol 10, pp. 28-29, November 2018.
[7] International Labor Organization. World emplyment and social outlook: Trends 2018. Geneva: International Labor Office, 2018, pp. 20-23.
[8] Nguyen Minh Phuong, (2014). Investment liberalization in Asean Economic Committee (AEC) and Vietnam’s participation. 3rd APEC International seminor. Hanoi, Vietnam.
[9] Dat Nguyen, (2018). “Vietnamese labor productivity among lowest in Asia despite growth” Vnexpress newspaper, Hanoi: Business report No. 10, October 2018.
[10] World Economic Forum. Global Competitiveness Index 2017-2018: The competitiveness world map. Reports, 2017. [http://reports.weforum.org/global-competitiveness-index-2017-2018/the-competitiveness-world-map/] Accessed on January 30th 2019.
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  • APA Style

    Hoang Anh Dao. (2019). Attracting Foreign Direct Investment in Vietnam – Opportunities and Threats. Journal of Investment and Management, 8(2), 53-59. https://doi.org/10.11648/j.jim.20190802.14

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    ACS Style

    Hoang Anh Dao. Attracting Foreign Direct Investment in Vietnam – Opportunities and Threats. J. Invest. Manag. 2019, 8(2), 53-59. doi: 10.11648/j.jim.20190802.14

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    AMA Style

    Hoang Anh Dao. Attracting Foreign Direct Investment in Vietnam – Opportunities and Threats. J Invest Manag. 2019;8(2):53-59. doi: 10.11648/j.jim.20190802.14

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  • @article{10.11648/j.jim.20190802.14,
      author = {Hoang Anh Dao},
      title = {Attracting Foreign Direct Investment in Vietnam – Opportunities and Threats},
      journal = {Journal of Investment and Management},
      volume = {8},
      number = {2},
      pages = {53-59},
      doi = {10.11648/j.jim.20190802.14},
      url = {https://doi.org/10.11648/j.jim.20190802.14},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jim.20190802.14},
      abstract = {Foreign direct investment (FDI) has played an important role in boosting Vietnam’s economic growth with great contributions in terms of several aspects. Vietnam has recently signed in various international agreements and treaties ralated to global integration such as Free trade agreements (FTAs) with many countries, Comprehensive ASEAN Investment Agreement (ACIA) and Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). All of them has been opening hopeful opportunities to attract FDI into Vietnam in the next period of time. However, attracting FDI also has faced several threats from both inside and outside environment. The study focused on SWOT analysis of attracting FDI in Vietnam in the period of 2008-2018, and then gave some recommendations to improve Vietnam’s potential FDI attraction in the new period of the world economy.},
     year = {2019}
    }
    

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Author Information
  • Faculty of Economics and Business Administration, Tan Trao University, Tuyen Quang, Viet Nam

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