ABSTRACT

Since the start of the Doi Moi (reform) policy in 1986, the Vietnamese economy and society have undergone fundamental changes. An important part of such changes has been the growth of the FDI sector, which now accounts for almost 20 per cent of the total GDP of Vietnam (FIA 2011). According to the Foreign Investment Agency of Vietnam (FIA), Vietnam had licensed over 12,000 FDI projects by the end of 2010, with the total investment capital registered exceeding US$190 billion (FIA 2011). These FDI projects have created millions of jobs, enabled the transfer of modern technology and management skills, produced new goods and services, and have had many important indirect effects on the Vietnamese economy and society.