THE GOVERNMENT
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SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom - Happiness
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No: 09/2001/NQ-CP
Hanoi, August 28, 2001
 
RESOLUTION
ON FURTHER ATTRACTING AND RAISING THE EFFICIENCY OF FOREIGN DIRECT INVESTMENT IN THE 2001-2005 PERIOD
The Resolution of the IXth National Party Congress affirmed that the foreign-invested economic sector constitutes an important part of the socialist-oriented market economy in our country, which is encouraged for long-term development on an equal footing with other economic sectors. Attracting foreign direct investment (FDI) is a significant policy contributing to tapping domestic resources, expanding international economic cooperation and thereby creating a combined strength in service of the cause of national industrialization, modernization and development.
Over the past 10 years after the promulgation of the Law on Foreign Investment in Vietnam in 1987, the FDI activities in our country have witnessed important achievements, actively contributing to the attainment of the socio-economic targets and to the success of the renewal cause, taking the country out of the economic crisis, increasing its strength and raising its posture on the international arena. FDI has become one of the important capital sources for development investment, contributing to promoting the economic restructure along the direction of industrialization and modernization, opening up many new production and business lines with new products, raising the managerial capability and technological levels, expanding the export market, creating more jobs and contributing to the expansion of external relations and active integration into the world economy.
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