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Foreign Investment and the Macroeconomy in Vietnam

In: Economic Development and Prospects in the ASEAN

Author

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  • Le Dang Doanh

Abstract

In 1977, two years after the country’s reunification, the government of Vietnam issued a document regulation (or rules) on Foreign Investment in Vietnam. At that time, the regulation did not receive support from the former Soviet Union and Eastern Europe. Although some capitalist groups regarded this regulation as a considerable sign to be available before any foreign investment activities were carried out in Vietnam, the Cambodia event took place and was followed by the southern border war with China. As a result, the economic cooperation door with capitalist countries was shut. Under these circumstances, the regulation did not have any particular significance.

Suggested Citation

  • Le Dang Doanh, 1997. "Foreign Investment and the Macroeconomy in Vietnam," Palgrave Macmillan Books, in: Tran Van Hoa (ed.), Economic Development and Prospects in the ASEAN, chapter 2, pages 44-86, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-25921-2_2
    DOI: 10.1007/978-1-349-25921-2_2
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