Incentive Policies of the State to Attract Investment for Foreign Investors in Vietnam

Abstract

This paper delves into the analysis of incentives policies implemented by Vietnam to attract foreign direct investment (FDI). In the context of deep international economic integration, FDI plays a crucial role in promoting socio-economic development by contributing to GDP growth, facilitating technology transfer, creating jobs, and enhancing national competitiveness. To achieve this goal, Vietnam has developed a legal framework offering attractive incentives in taxation, land access, administrative procedures, and capital support. The paper explores each specific policy, analysing its significance, practical impact, achievements, and limitations. Based on this analysis, the paper proposes recommendations to improve the legal framework and enhance the investment environment in Vietnam, with the aim of attracting high-quality FDI.