Attraction and Utilisation of FDI in the Context of Global Economic Integration in Vietnam: Achievements and Issues

A historically important and valuable document to Vietnam's global economic integration is the Law on Investment endorsed by the National Assembly in  December 1987. The renovation process has shown that FDI plays an important role in Vietnam's socio-economic growth, accelerating global integration and enhancing Vietnam's prestige on the international arena. Apart from achievements, the process of attraction and utilisation of FDI has revealed numerous shortcomings and posed many problems to be resolved, including improvement and renewal of administrative mechanisms, policies and implementation.

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