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<article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:ali="http://www.niso.org/schemas/ali/1.0/" article-type="research-article" dtd-version="1.2" xml:lang="en"><front><journal-meta><journal-id journal-id-type="publisher-id">The Russian Journal of Vietnamese Studies</journal-id><journal-title-group><journal-title xml:lang="en">The Russian Journal of Vietnamese Studies</journal-title><trans-title-group xml:lang="ru"><trans-title>Вьетнамские исследования</trans-title></trans-title-group></journal-title-group><issn publication-format="electronic">2618-9453</issn><publisher><publisher-name xml:lang="en">Institute of China and Contemporary Asia of the RAS</publisher-name></publisher></journal-meta><article-meta><article-id pub-id-type="publisher-id">321797</article-id><article-id pub-id-type="doi">10.54631/VS.2023.732-321797</article-id><article-categories><subj-group subj-group-type="toc-heading" xml:lang="en"><subject>Scientific researches</subject></subj-group><subj-group subj-group-type="toc-heading" xml:lang="ru"><subject>Научные исследования</subject></subj-group><subj-group subj-group-type="article-type"><subject>Research Article</subject></subj-group></article-categories><title-group><article-title xml:lang="en">Determinants Influencing the Investment Decision of Large Firms in Vietnam</article-title><trans-title-group xml:lang="ru"><trans-title>Факторы, влияющие на инвестиционные решения крупных фирм во Вьетнаме</trans-title></trans-title-group></title-group><contrib-group><contrib contrib-type="author"><contrib-id contrib-id-type="orcid">https://orcid.org/0000-0002-5888-4772</contrib-id><name-alternatives><name xml:lang="en"><surname>Nguyen</surname><given-names>Minh  Phuong</given-names></name><name xml:lang="ru"><surname>Нгуен</surname><given-names>Минь  Фыонг</given-names></name></name-alternatives><address><country country="VN">Viet Nam</country></address><bio xml:lang="en"><p>Ph.D. (Economics), Senior Lecturer</p></bio><bio xml:lang="ru"><p>к. э н., ст. преподаватель</p></bio><email>Phuongntm@neu.edu.vn</email><xref ref-type="aff" rid="aff1"/></contrib></contrib-group><aff-alternatives id="aff1"><aff><institution xml:lang="en">National Economics University</institution></aff><aff><institution xml:lang="ru">Национальный экономический университет</institution></aff></aff-alternatives><pub-date date-type="pub" iso-8601-date="2023-10-02" publication-format="electronic"><day>02</day><month>10</month><year>2023</year></pub-date><volume>7</volume><issue>3-2</issue><issue-title xml:lang="en"/><issue-title xml:lang="ru"/><fpage>28</fpage><lpage>38</lpage><history><date date-type="received" iso-8601-date="2023-04-01"><day>01</day><month>04</month><year>2023</year></date><date date-type="accepted" iso-8601-date="2023-09-27"><day>27</day><month>09</month><year>2023</year></date></history><permissions><copyright-statement xml:lang="en">Copyright ©; 2023, Nguyen P.T.</copyright-statement><copyright-statement xml:lang="ru">Copyright ©; 2023, Нгуен Ф.Т.</copyright-statement><copyright-year>2023</copyright-year><copyright-holder xml:lang="en">Nguyen P.T.</copyright-holder><copyright-holder xml:lang="ru">Нгуен Ф.Т.</copyright-holder><ali:free_to_read xmlns:ali="http://www.niso.org/schemas/ali/1.0/"/><license><ali:license_ref xmlns:ali="http://www.niso.org/schemas/ali/1.0/">https://creativecommons.org/licenses/by-nc-nd/4.0</ali:license_ref></license></permissions><self-uri xlink:href="https://vietnamjournal.ru/2618-9453/article/view/321797">https://vietnamjournal.ru/2618-9453/article/view/321797</self-uri><abstract xml:lang="en"><p>Attracting investment is currently a top issue for Vietnam in general and localities in particular, especially attracting capital flows from large firms in high-tech, eco-friendly industries, toward a green economy and sustainable development. So, this research is conducted to attract investment effectively from large firms, based on the determinants that influence business investment decisions. The study carried out 226 survey samples of large non-state firms in Vietnam, using the EFA test and linear regression. The results reveal that investing in Vietnam is the right decision, and supporting services have the largest influence, followed by human resources, geographic infrastructure, input costs, and market, respectively. Based on the findings, some recommendations are proposed for localities to improve their investment environment and efficiency in order to attract strategic investors and meet the province's sustainable development orientation.</p></abstract><trans-abstract xml:lang="ru"><p>Привлечение инвестиций в настоящее время является главной задачей для Вьетнама в целом и его регионов в частности, особенно привлечение потоков капитала от крупных фирм в высокотехнологичные и экологически чистые отрасли для функционирования зеленой экономики и выполнения целей устойчивого развития. Данное исследование определяет факторы, влияющие на инвестиционные решения бизнеса, и направлено на эффективное привлечение инвестиций от крупных фирм. В ходе исследования были проанализированы данные 226 крупных негосударственных фирм Вьетнама с использованием теста EFA и линейной регрессии. Результаты показывают, что на инвестирование во Вьетнам наибольшее влияние имеют вспомогательные услуги, затем человеческие ресурсы, географическое положение и инфраструктура, себестоимость продукции и состояние рынка. На основании полученных результатов предложены некоторые рекомендации регионам по улучшению инвестиционной среды с целью привлечения стратегических инвесторов и обеспечению устойчивого развития.</p></trans-abstract><kwd-group xml:lang="en"><kwd>investment decision</kwd><kwd>investment environment</kwd><kwd>Vinh Phuc province</kwd></kwd-group><kwd-group xml:lang="ru"><kwd>инвестиционное решение</kwd><kwd>инвестиционная среда</kwd><kwd>провинция Виньфук</kwd></kwd-group><funding-group><award-group><funding-source><institution-wrap><institution xml:lang="en">National Econimics University</institution></institution-wrap></funding-source></award-group></funding-group></article-meta></front><body></body><back><ref-list><ref id="B1"><label>1.</label><mixed-citation>Bialowolski, P., Weziak-Bialowolska, D. (2013) External Factors Affecting Investment Decisions of Companies. 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