FDI in Vietnam needs to be boosted keeping in view role in GDP growth
As FDI played a key role Vietnam's impressive economic growth last year, the sector needs to be amplified for achieving double-digit growth in future. FDI accounts for over 70 per cent of the total export turnover. Issues that warrant attention include cases of non-compliance with Vietnamese laws, violations of environmental protection regulations, labour and wage infractions, and tax evasion.
As FDI played a key role Vietnam's impressive economic growth last year, the sector needs to be amplified for achieving double-digit growth in future.
FDI accounts for over 70 per cent of the total export turnover.
Issues that warrant attention include cases of non-compliance with Vietnamese laws, violations of environmental protection regulations, labour and wage infractions, and tax evasion.
