The Development and Prospect of Vietnam's Foreign Economic Relations

Abstract

After the reunification of Vietnam, in order to attract foreign investment and develop its own economy, it has joined the International Investment Bank and International Cooperation Bank of the Economic and Trade Association since 1977, creating a new stage of cooperation with the Soviet Union and other socialist countries. On April 18, 1977, the Vietnamese government promulgated the first foreign investment law - "Draft Regulations and Regulations on Foreign Investment in Vietnam". investment in the mode of production activities