FDI
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Vietnam attracted 27.26 billion U.S. dollars in foreign direct investment (FDI) in the first 10 months of this year, a year-on-year increase of 1.9 percent, the country’s General Statistics Office has reported. Specifically, Vietnam licensed 2,743 new FDI projects with a total registered capital of 15.23 billion dollars, up 1.4 percent year on year in…
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Governments seek to encourage FDI for a variety of reasons. On occasion, though, the process can cross the lines of ethics and legality. In November 2010, seven global companies paid the US Justice Department “a combined $236 million in fines to settle allegations that they or their contractors bribed foreign officials to smooth the way…
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