Happy Vietnam - Vietnam News Agency

Keyword: # FDI

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OP-ED: A new mindset on FDI – Vietnam’s answer to unfounded doubts

The resolution sends a clear and forceful signal of the Party’s consistent policy that the foreign-invested sector is an integral component of the national economy – one that is encouraged to develop over the long term, treated on an equal footing and expected to work alongside other sectors in pursuit of the country’s development goals.

Vietnam shifts FDI attraction strategy towards higher quality, greater efficiency

Vietnam’s approach is undergoing a fundamental transformation. While attracting international resources was the central priority over the past nearly four decades, the next phase will focus on enhancing the effectiveness of those resources in synergy with domestic capacities to strengthen development capabilities, economic resilience and national competitiveness.

Vietnam draws harder line on FDI quality under new resolution

The Ministry of Finance’s Foreign Investment Agency reported that total registered FDI neared 25 billion USD in the first five months of this year, a jump of almost 35% from a year earlier, with new project registrations driving the bulk of the expansion.

Vietnam seeks to position itself as leading destination for foreign investment

A significant shift in the recently issued Resolution 10 is the move from a strategy of attracting “more capital” towards attracting “higher-quality FDI”. The objective is no longer limited to investment volume but extends to absorbing advanced technologies, increasing domestic value creation, strengthening innovation capacity and accelerating modernisation in the economy.