Business

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) serves not only as a vast consumer market for Vietnamese goods, but also as a strategic platform for domestic enterprises to diversify their supply chains amidst shifting global trade dynamics.

Foreign direct investment (FDI) in Ho Chi Minh City is projected to reach approximately $19 billion for the full year of 2026, driven by multi-billion-dollar projects in seaports, artificial intelligence, logistics, and urban infrastructure after total registered capital far exceeded the annual plan in the first nine months.

This move is part of Samsung's overall investment strategy of 6.700 trillion won to enhance the production capacity of high-end semiconductor products, particularly the FC-BGA (Flip-chip Ball Grid Array) line, which serves artificial intelligence (AI) applications.

Over a quarter of Vietnam’s working-age population utilized generative artificial intelligence during the second quarter of 2026, positioning the country behind only Singapore in Southeast Asia, according to the September 2026 report by the Microsoft AI Economy Institute.

Under this approach, enhanced, longer-term, or conditional incentives would target enterprises operating in prioritized sectors, engaging in innovation, digital transformation, green manufacturing, global value chain integration, large-scale job creation, or those demonstrating high potential for economic contributions.

By the end of August, Da Nang had attracted over $680 million in FDI, up nearly 190% year-on-year. Of this total, 100 projects were newly licensed with aggregate registered capital exceeding $520 million.