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Asian Journal of Research in Business Economics and Management
Year : 2013, Volume : 3, Issue : 11
First page : ( 96) Last page : ( 108)
Online ISSN : 2249-7307.

Strategies to Attract Foreign Direct Investment in Vietnam

Huang Ying-Fang*, Wang Chia- Nan**, Hoang Sa Dang***, Van Thuy Hoang****

*President & Professor, Fortune Institute of Technology, Taiwan

**Associate Professor, Industrial Engineering and Management Department, National Kaohsiung University of Applied Sciences, Taiwan

***Ph.D Student, Industrial Engineering and Management Department, National Kaohsiung University of Applied Sciences, Taiwan

****Student, Industrial Engineering and Management Department, National Kaohsiung University of Applied Sciences, Taiwan

Online published on 7 November, 2013.

Abstract

This study attempts to identify the main factors affecting foreign direct investment capital in a country and proposes the strategies to attract foreign direct investment in Vietnam. The questionnaires have been sent to foreign companies in Hanoi, Ho Chi Minh, Danang. The data are carried out by using multiple statistical analyses, including reliability analysis, correlation analysis, multiple linear regressions. The results found that technical infrastructure, the policy, cost advantage, potential market, human resource and natural resource have influenced the selection of investment locations in a country. In all of them, the technical infrastructure is considered as the most important factor. In addition, this study also shows the satisfaction level of each factor of foreign investors and provide useful implications for Vietnam's policies with the goal in terms of investors’ satisfaction. Finally, this study has suggested some solutions to enhance the investors’ satisfaction and to meet the investors’ expectations.

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Keywords

Foreign Direct Investment, Determinants of FDI, Vietnam.

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