OECD Investment Policy Reviews: Viet Nam 2018

image of OECD Investment Policy Reviews: Viet Nam 2018

This review uses the OECD Policy Framework for Investment to present an assessment of the investment climate in Viet Nam and to discuss the challenges and opportunities faced by the government of Viet Nam in its reform efforts. It includes chapters on foreign investment trends and performance, the entry and operations of foreign investors, the legal framework for investment, corporate governance and competition policy, tax reforms, investment promotion and facilitation, infrastructure connectivity, investment framework for green growth and policies to promote and enable responsible business conduct.




The Government of Viet Nam has achieved tremendous progress since the launch of the Renovation Policy, or Doi Moi, just over three decades ago. Market-oriented structural reforms have allowed it to become one of the world’s fastest growing economies, dramatically reducing poverty and delivering socio-economic progress. It has increasingly integrated into the world economy by attracting growing amounts of foreign direct investment which have fuelled sustained export growth. Although Viet Nam stands out from other emerging economies, notably for its social inclusiveness, some investment climate challenges still need to be addressed. These include boosting slowing productivity growth, helping public institutions cope with the rapid pace of legislative activity and ensuring economic growth is inclusive, balanced and sustainable.


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