The anti-corruption policy and its correlation with the foreign capital flow in Vietnam

Three decades after its doi moi (renovation) and getting the economy open to the world, Vietnam’s development has struck with enormous external capital flows, mainly in the form of Official Development Assistance (ODA) and Foreign Direct Investment (FDI). The country has turned up to be a leading destination country for foreign capital, becoming the second largest ODA recipient while maintaining a strong and stable FDI inflow throughout that time.