The FDI attracting policy of Malaysia towards green growth and some suggestions for Vietnam

Vu Thi Minh Ngoc

Abstract

The goal of the Malaysian Government to attract FDI is to achieve sustainable development. In order to achieve this goal, FDI must first be adjusted and planned into the green economy. The task of the Malaysian Government is to provide policies and ensure that policies are enforced to really encourage FDI to follow this roadmap. A number of measures have been introduced by the Government such as tax incentives, finance, investment in transport infrastructure, encouraging private investment in clean energy projects… These are the bases to attract the FDI to clean technology, green growth, and sustainable economic development. However, there are still many challenges that the Malaysian government will have to face in the near future. The paper focuses on green growth and Malaysian government's policy of attracting FDI towards green growth. Through Malaysia’s experience, the author gives some suggestions for the Vietnamese government to attract foreign direct investment, creating opportunities for green growth

Keys: green growth, FDI, The FDI attracting policy, sustainable development