This chapter provides an assessment of the investment promotion and facilitation framework in Viet Nam. It examines existing strategies and institutions governing investment promotion and facilitation with a particular focus on the Foreign Investment Agency, Ministry of Planning and Investment, as well as the role of provinces and special economic zones. It highlights key reforms and remaining challenges to improve the business environment and attract higher value-added investments. It looks at existing mechanisms for private sector consultation and also provides recommendations on measures to encourage business linkages with small and medium-sized enterprises and other policies to maximise investment spillovers.