Vietnam focuses on synergy between next-generation FDI and local development to create new drivers of economic growth.

2026-05-13
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  Southeast Asia Information Port News (www.dnyxxg.com) – On May 13th, a working meeting under the framework of the 2026 “Vietnam Development Bridge Forum” was held in Hanoi. Leaders of the Policy and Strategy Department of the Communist Party of Vietnam Central Committee, along with representatives from domestic and international associations and enterprises, gathered to clarify Vietnam's commitment to promoting synergy between foreign direct investment (FDI) and domestic enterprises to create new economic growth poles and facilitate deeper integration into the global value chain.

  Nguyen Thanh Nghi, member of the Politburo of the Communist Party of Vietnam Central Committee and head of the Policy and Strategy Department, emphasized at the meeting that Vietnam is moving towards its goal of becoming an upper-middle-income developing country by 2030 and a high-income developed country by 2045, requiring the full mobilization of internal and external development resources. He pointed out that in nearly 40 years of reform and opening up, FDI has become an important component of Vietnam's economy. Against the backdrop of global supply chain restructuring, the accelerated development of the digital economy, and green transformation, Vietnam is facing a crucial opportunity to attract high-quality, next-generation FDI. In accordance with the spirit of Conclusion No. 18 of the 14th Central Committee of the Communist Party of Vietnam, Vietnam will innovate its FDI attraction policies, shifting from tax incentives to a benefit-oriented approach. The focus will be on encouraging foreign investment in high-tech, innovative R&D, green technology, and the digital economy, while strengthening collaboration between FDI enterprises and domestic companies to promote technology transfer and increase localization rates. Nguyen Thanh Nghi called on domestic enterprises to proactively improve their governance, technology, and international integration capabilities to seize cooperation opportunities; he also urged ministries and localities to shift from "management" to "supportive services," creating a transparent, stable, and predictable business environment.

  The participating domestic and international enterprises, associations, and experts discussed investment opportunities in semiconductors, AI, and renewable energy, focusing on next-generation FDI trends. They agreed that Vietnam needs to further improve its systems, simplify procedures, and upgrade infrastructure to ensure policy stability. Representatives from the Ministry of Finance, the Ministry of Industry and Trade, and other relevant ministries addressed concerns raised by enterprises regarding VAT refunds and investment approvals, reiterating that Vietnam will selectively attract high-value-added and environmentally friendly FDI projects, reducing compliance costs through streamlining administration and digital transformation, and creating a convenient and stable investment environment for both domestic and foreign enterprises. All parties agreed that strengthening the linkage between FDI and local enterprises and improving supporting mechanisms will help Vietnamese enterprises participate more deeply in the global value chain, providing solid support for achieving the double-digit growth target. (End)

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