Work

The key driver to FDI’s attraction in Vietnam in the context of digital transformation

Year: 2025

Type: article

Abstract: Foreign Direct Investment (FDI) is a key driver of economic growth in developing countries like Vietnam, fostering global integration through capital inflows, technology transfer, and managerial expertise. This study explores how Vietnam can enhance FDI attractiveness amid digital transformation by addressing barriers in digital infrastructure, human resources, and investment policy. Using Principal Component Analysis (PCA), the research highlights the impact of digital infrastructure, a skilled digital workforce, the regulatory environment, and technology-focused FDI on investment inflows. The findings identify critical factors influencing FDI decisions and emphasize the importance of improving digital infrastructure, developing a competent tech workforce, reforming regulations, and strengthening innovation ecosystems. These strategies are essential for attracting FDI in high-tech sectors and supporting Vietnam’s long-term economic growth.

Source: International Journal of Innovative Research and Scientific Studies

DOI: 10.53894/ijirss.v8i3.6504

Authors: The Tuan Tran, Bui Thi Hang, Do Thi Tho, Phan Thu Trang, Nguyen Quynh Trang

Institutions: University Of Transport Technology, VNU University of Economics and Business, Thuongmai University

Language: English

Topic: International Business and FDI

Subfield: Strategy and Management

Field: Business, Management and Accounting

Domain: Social Sciences

SDGs: Industry, innovation and infrastructure, Decent work and economic growth

Open Access status: diamond

OpenAlex ID: W4409959109

FWCI:

Cites:

Cited by:

Related to: 10