The impact of the global minimum tax on attracting foreign direct investment in Vietnam

Abstract

This study aims to clarify the essence, operational mechanisms, and regulations of the GMT as agreed upon by the OECD/G20. Simultaneously, it evaluates the extent to which this policy impacts tax costs, investment incentives, and business strategies of foreign investors in Vietnam. By analyzing current tax incentive policies, the research also explores potential adjustments to harmonize Vietnam’s goals of attracting FDI with compliance to international GMT regulations. Based on the analysis, the authors propose policy recommendations to enhance Vietnam’s competitiveness and sustainable development in attracting FDI in the context of GMT implementation