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FACTORS AFFECTING THE IMPLEMENTATION OF FDI ATTRACTION POLICIES IN VIETNAM
Keywords:
FDI, resources, Vietnam, implementers, policy.DOI:
https://doi.org/10.17654/0972361724068Abstract
The FDI sector in Vietnam has contributed about 20 percent of the GDP, accounting for about 25 percent of the total investment capital of the whole society and accounting for more than 40 percent of industrial production value, more than 50 percent of total export turnover, nearly 50 percent of import turnover and about 30 percent of total revenue for the national budget of Vietnam. By the end of 2022, Vietnam was expected to have more than 36,278 valid FDI projects with a total registered capital of more than 438.7 billion USD. The study focuses on factors that directly affect the implementation of policies to attract FDI in Vietnam. There are four factors mentioned in the research model, including policy quality (content), power, implementers and policy implementation measures. Quantitative research is applied with three analysis techniques, including descriptive statistics, scale reliability analysis, and linear regression, for hypothesis testing to investigate these factors’ effects. The data analysis shows that four factors significantly impact on implementing policies to attract FDI in Vietnam, and the factor of policy quality (content) has the most significant impact.
Received: March 5, 2024
Revised: April 28, 2024
Accepted: May 13, 2024
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