Assessing Vietnam's Attractiveness to Swiss Companies

Abstract

The Prime Minister affirmed the attraction of Foreign Direct Investment as a key policy for the upcoming five years. The country’s export industry strongly depends on imports, and traditionally, Vietnam shows a trade deficit. But recently, the country managed to generate a plus the third year in a row. Where exactly is Vietnam placed within the stages of development and how much does Switzerland contribute to its FDI inward flows? Moreover, competition among developing countries for inward FDI is increasing. Therefore, it is crucial to understand how a country can increase its competitiveness by assessing factors driving a country’s development and, hence, its attractiveness.