USAID Supported Training to Improve Foreign Investment

Thursday, July 6, 2017

As Vietnam further integrates into the global economy, it must address the complicated legal issues of international trade and investment, including preventing and handling disputes involving international investors. Investor-State Disputes take place when either the government or investors fail to meet the commitment laid out in an investment contract. On June 28-29, USAID’s Governance for Inclusive Growth (GIG) program supported the Ministry of Justice to train officials from northern provinces that receive high amounts of foreign investment and are at high risk of investor-state disputes. This training featured Investor-State Dispute Prevention and Settlement using a handbook and case studies developed by the Governance for Inclusive Growth Project in 2016. So what? Enhancing the trust of international investors in Vietnam’s implementation of international investment commitments and management of investor-state dispute settlement is key for trade and investment growth.