Strategies to Attract Foreign Direct Investment in Vietnam

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.