Foreign direct investment in Vietnam after ten years of WTO accession: trends and opportunities
Foreign direct investment in Vietnam after ten years of WTO accession: trends and opportunities

Summary/Abstract: Foreign direct investment has been the key driver for Vietnam’s economic development in recent years, especially after Vietnam joined the WTO in early 2007. By the end of 2016, FDI sector in Vietnam comprised for 25% total investment, 14.8% of state budget revenue, with total FDI accumulated of more than 293 billion USD. This paper analyzes some main features of FDI in Vietnam during the ten years period 2007–2016, after Vietnam’s accession to the WTO. The author found that FDI in Vietnam has played an increasingly important role for the economic growth, especially in trade performance. However, FDI has been much focused on labor-intensive manufacturing and the linkages of FDI firms with domestic ones remain relatively weak. Based on this, the author suggests policy implications for attracting green FDI in the upcoming years.

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