Attracting green foreign direct investment in Vietnam

Abstract

Foreign Direct Investment (FDI) has been considered as an important factor promoting economic
growth and accomplish development directions in Vietnam. In recent years, while global economy tends to
achieve the Sustainable Development Goals and the commitments of Paris Climate Agreement, the influence
of FDI on environment has been more and more concerned. In fact, not all of FDI projects have positive
impacts on environment of the host country. The problem is how FDI projects can achieve both goals:
bringing economic and social benefits and ensuring the environment issues. Attracting green FDI may be
the answer for the above question, however, in Vietnam, attracting green FDI still have limitations. This paper
aims to clarify the need of attracting green FDI in developing countries, analyse obstacles in attracting green
FDI in Vietnam and propose solutions to enhance that kind of capital attraction in the future.