Success and limitation of attracting foreign direct investment policies in Vietnam

Success and limitation of attracting foreign direct investment policies in Vietnam
After nearly 30 years of applying Foreign Investment Law, Vietnam has officially and widely recognized that Foreign Direct Investment (FDI) plays an increasingly important role in the development of Vietnam in a series of fields such as capital, technology, export development, shifting economic structuring, state budget… However, FDI in Vietnam has its drawbacks which affect the economy negatively such as transfer pricing, tax evasion, poor cooperation between FDI companies with domestic companies, weak management of Vietnam governmental agencies and low efficiency of FDI.

Key words: Attracting Foreign Direct Investment, FDI projects, governmental management level.