Abstract
This study evaluates the relative salience of stakeholders in attracting foreign direct investment (FDI) to Vietnam by employing the Delphi method in combination with the Analytic Hierarchy Process (AHP). The Delphi technique was applied to identify and validate the key stakeholder categories through expert consensus, then AHP was used to determine their relative importance based on assessments by sixteen experts. Six major stakeholder groups were examined, including the central government, local authorities, foreign-invested enterprises, domestic enterprises, local communities, and educational and research institutions. The findings reveal that local authorities possess the highest level of importance (0.2339), followed by the central government (0.2229) and foreign-invested enterprises (0.2159). Although the remaining groups exhibit comparatively lower levels of influence, their roles remain essential to the long-term sustainability of FDI. Overall, the study advances theoretical understanding of multi-level governance and stakeholder interaction in the FDI attraction process, while providing empirical insights to support the formulation of more effective and sustainable investment policies in Vietnam.
Keywords: Foreign Direct Investment (FDI); Stakeholders; Delphi–AHP Approach; Vietnam
JEL classification: F21, F23, O25, R58, H77
DOI: 10.63767/TCKT.35.2025.163.174
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Ban biên tập Tạp chí Kinh tế & Quản trị Kinh doanh
Phòng 514, Nhà điều hành, trường Đại học Kinh tế & Quản trị Kinh doanh
Địa chỉ: Phường Tân Thịnh, thành phố Thái Nguyên
Email: tapchikt-qtkd@tueba.edu.vn; Điện thoại: 0208.3903373
