The Law on Enterprises' Investment Incentives for Foreign Investment in Vietnam

Journal Title: Journal of Economics, Finance and Management Studies - Year 2024, Vol 7, Issue 06

Abstract

The use of foreign direct investment (FDI) is seen as an attractive instrument and lever to support socio-economic development in the current phase of the nation's accelerated industrialization and modernization. Vietnam has drawn a lot of projects and foreign direct investment (FDI) money over the years because to its open-door policies, incentives, and favorable business environment. The National Assembly of the Socialist Republic of Vietnam has proposed Investment Law No. 61/2020/QH14, dated June 17, 2020, which includes investment preferential measures. Our nation is home to numerous internationally funded businesses that have made significant progress toward realizing socio-economic objectives, winning the renovation competition, and bolstering Vietnam's standing and influence internationally.

Authors and Affiliations

Nguyen Thi Mong Ngoc , Hoang Le Buu,

Keywords

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  • EP ID EP737189
  • DOI 10.47191/jefms/v7-i6-30
  • Views 29
  • Downloads 0

How To Cite

Nguyen Thi Mong Ngoc, Hoang Le Buu, (2024). The Law on Enterprises' Investment Incentives for Foreign Investment in Vietnam. Journal of Economics, Finance and Management Studies, 7(06), -. https://europub.co.uk/articles/-A-737189