Vietnam’s pursuit of FDI

Vietnam’s pursuit of FDI

Vietnam achieved over USD15 billion of Foreign Direct Investment (FDI) in the first 6 months of 2020.

To maintain the steady FDI flow into the country, the Vietnamese government has introduced policies that include a 30% reduction in corporate taxes and a 15% reduction in land rent for the year. Foreign investors are also now permitted to acquire full ownership of local companies.

Are Vietnam’s pro-FDI policies enough to attract more foreign investors?

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