Foreign direct investment (FDI) to Vietnam: current situation and forecast

The passing of foreign investment law in 12/1987 have created a legal constrain which enables foreign investing in Vietnam. After 30 years, Foreign investment in general and foreign direct investment in particular have shown an active role in Vietnam's economic and social growth and development. Specifically: Foreign investment contributes to boosting economic growth, improving the efficiency of using domestic investment resources; Foreign investment promotes economic restructuring in the direction of industrialization and modernization; Foreign investment creates jobs, enhances the quality of human resources and changes the structure of labor. In this article, we assess the activities of attracting foreign direct investment (FDI) in Vietnam, the forecast of Vietnam's FDI from 2018-2020, to attract and use effectively FDI capital in the coming time.