Viet Nam is a relative newcomer in the world of FDI. It opened to foreign investors in the late 1980s under the Doi Moi policy of renovation and economic reforms. Although the opening has been decidedly gradual, Viet Nam managed to attract significant inflows of FDI quickly. The impact of these inflows has been very strong, and foreign investors have been a major force in the economic transformation during the past two decades and in Viet Nam’s integration into the world economy.


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