Compared this to Pakistan, FDI from abroad stood at a paltry $4 billion during July 2017-November 2018. Moreover, this regime suffered from vagueness that could be highlighted by one such analysis made by Tang Than Trai Le (1995), ‘The legal aspects of foreign investment in Vietnam’:‘… [a]lmost every item in [the code] is vague. After all just asking other countries to invest in the country alone will not do, if Pakistan’s own institutional setup is not supportive towards attracting foreign investment. The then Prime Minister of Vietnam highlighted attracting foreign investment as a main priority area in the strongest of intentions as indicated by his statement, ‘’mobilise every means and use every form to attract foreign capital…’. Under the doi moi reforms, it was decided that foreign investment laws would be liberalised, and in this spirit in 1987, ‘Law on Foreign Investment in Vietnam’ was passed.

Source: Pakistan Today January 05, 2019 18:22 UTC