The Long Road to Reform: An Analysis of Foreign Investment Reform in Vietnam

Abstract

In the mid-1980s, Vietnam opened its borders to international investment in hopes of improving its economic atmosphere. The Vietnamese government launched new initiatives and passed new laws to facilitate and encourage Foreign Direct Investment in its ailing economy. However, after an examination of recent changes, this Note concludes that further reform is still required in order to encourage the necessary Foreign Direct Investment that will help aid Vietnam's feeble economy and allow it to prosper as the next great Asian economic power.