Corruption is a key impediment to: foreign direct investment, an accurate measurement of political risk, and a barrier to effective corporate governance. By examining the political structure of Vietnam and the impediments created by corruption, this paper defines some of the difficulties with investing in Vietnam. However, with regard to the sugar industry, some solutions have emerged with companies taking direct control of contracting, offering credit, and the building of infrastructure.
Copyright © 2008 Nova Science Publishers. This book chapter first appeared in Economic Corruption: Detection, Costs and Prevention
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Arnold, Tom, and Bonnie Buchanan. "Corruption, Foreign Direct Investment and the Cost of Doing Business in Vietnam." In Economic Corruption: Detection, Costs and Prevention, edited by Federico N. De Luca, 133-43. Hauppage, NY: Nova Science Publishers, 2008.