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VOLUME 06 ISSUE 08 AUGUST 2023

Increase Foreign Direct Investment Attraction in Thanh Hoa Province
1Tran Thi Thu Thuy, 2Pham Thi Thanh Hoa, 3Vu Thuy Duong
1,2University of Labour and Social Affairs, Hanoi, Vietnam
3Trade Union University, Hanoi, Vietnam
DOI : https://doi.org/10.47191/ijmra/v6-i8-67

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ABSTRACT:

In recent years, more and more large projects have been invested in Thanh Hoa, showing that the province has made strong changes to improve the business investment environment. The Resolution of the 19th Party Congress of Thanh Hoa province has determined that continuing to promote administrative reform, creating an open and attractive investment environment is one of the three breakthroughs in the 2020-2025 term. , localities in the province are making efforts to implement many specific solutions to improve the business investment environment, focusing on improving governance quality and administrative reform. Thanh Hoa is still the leading locality in the Central region in terms of attracting FDI, but in recent years, Thanh Hoa province is showing signs of slowing down. The article studies the current status of FDI investment in Thanh Hoa province in the period of 2020 - 2022, from which to propose some solutions to increase FDI.

KEYWORDS:

Foreign direct investment, foreign direct investment capital, investment environment.

REFERENCES
1) Political Bureau (2020), Resolution No. 58-NQ/TW “On construction and development of Thanh Hoa province to 2030, vision to 2045.

2) Government (2023) “Decision No. 153/QD-TTg approving the master plan of Thanh Hoa province for the period of 2021 - 2030, with a vision to 2045”

3) Government (2019), Resolution 02/ND-CP dated January 1, 2019 on continuing to perform key tasks and solutions to improve the business environment and enhance national competitiveness in the year. 2019 and orientation to 2021, Vietnam.

4) Foreign Investment Agency (2022), Annual report on foreign direct investment (2018 - 2022): Ministry of investment planning.

5) Hoang Van Cuong (2023), Improving the business environment, effectively attracting FDI inflows, Financial Journal period 1+2 January 2023.

6) Husmann Christine and Kubik Zaneta (2019), foreign direct investment in the African food and agriculture sector: trends, determinants and impacts University of Bonn.
VOLUME 06 ISSUE 08 AUGUST 2023

There is an Open Access article, distributed under the term of the Creative Commons Attribution – Non Commercial 4.0 International (CC BY-NC 4.0) (https://creativecommons.org/licenses/by-nc/4.0/), which permits remixing, adapting and building upon the work for non-commercial use, provided the original work is properly cited.


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