The Impact of the Local Institutional Quality at Provincial Level on Attracting Foreign Direct Investment in the Red River Delta Provinces

Abstract

The Red River Delta is a Vietnamese economic region of special importance
in terms of politics, socio-economics, national defence and security of Vietnam. Attracting foreign direct investment (FDI) is considered one of the most important tasks for promoting economic growth, job creation, income improvement, and poverty reduction in this region. One of the influencing factors ofperformance of FDI attraction is the local institutional quality. This
study employs regression techniques with panel data using the OLS regression estimation method to assess the impact of the local institutional quality at provincial level on attracted FDI in the region.