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
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