IMPACT OF COVID – 19 ON FOREIGN DIRECT INVESTMENT IN VIETNAM
The study aims to evaluate the impact of the COVID-19 pandemic on foreign direct investment activities in Vietnam. Data was collected over seven years, from 2016 to 2022, from the Vietnam Chamber of Commerce and Industry (VCCI), using qualitative methods and data analysis methods to analyze. Research results have shown a significant negative impact of the COVID-19 pandemic on FDI investment activities in Vietnam in both FDI capital targets and FDI project scales in industries and localities. Foreign direct investment from partners in Vietnam after the pandemic also decreased significantly. Research analyzing foreign investment activities in Vietnam comparing two periods before and after the COVID-19 pandemic. Based on the results obtained, we propose some recommendations to increase the attraction and effectiveness of FDI activities in Vietnam in the future. The research results are valuable documents for policymakers, businesses, relevant industries, localities, or foreign partners to refer to when participating in foreign direct investment activities after the pandemic in Vietnam.
Keywords: Foreign direct investment, FDI, Vietnam, Covid-19 pandemic.
