OECD Investment Policy Reviews: Viet Nam 2009
Policy Framework for Investment Assessment
This publication presents the results of the first OECD investment policy review of Vietnam. It finds that the progress Vietnam has achieved in less than two decades in putting into place a legal framework and implementing policies that mobilise private investment, including international direct investment, to support economic growth and the prosperity of Vietnam’s citizens has been remarkable. Starting from a situation in which the economy was essentially closed to private and international investment, Vietnam is now considered to be one of the very attractive economies in the world for investment.
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Viet Nam's Policy Framework for Investment
This section evaluates Viet Nam’s reform efforts and provides an anatomy of the regulatory framework for investment based on the general matrix of the Policy Framework for Investment (PFI) (see Box 3.1).1 This assessment, as a cooperative endeavour, builds upon Viet Nam’s self-evaluation under the PFI. It focuses on the first four chapters and part of Chapters 9 of the PFI relating to investment policies, investment promotion and facilitation, trade policies, competition policies, tax policies and development of the service sector.
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