Party General Secretary and State President To Lam has officially signed Resolution No. 10-NQ/TW, dated June 8, 2026, of the Politburo regarding the development of the foreign-invested economic sector.
The Resolution sets a general objective to transform Vietnam into a leading, highly competitive destination for medium and long-term foreign capital flows. Specifically:
Targets for the 2026–2030 period include $200–300 billion in registered capital and $150–200 billion in disbursed (implemented) capital; 75% of foreign investment to come from developed economies; increased Fortune 500 corporations investing in Vietnam by 30%; at least three world-leading technology corporations to establish headquarters and Research and Development (R&D) centers in the country; a localization rate of 45–50% in key industries; approximately 10,000 domestic enterprises to participate in the supply chains of foreign-invested firms; increased proportion of Vietnamese personnel holding technical, managerial, and research positions in high-quality foreign investment projects; and 10% of industrial parks nationwide being "eco-industrial parks" and successfully achieving a stock market upgrade (according to MSCI rankings).
By 2045, the foreign-invested economic sector is projected to account for 25% of the total social investment capital and contribute approximately 30% to the national GDP. This will play a pivotal role in establishing Vietnam as a leading hub for manufacturing, services, and innovation in Asia, and as a developed, high-income nation.
Tasks and solutions
To realize this objective, the Politburo requires the comprehensive and decisive implementation of breakthrough solution groups.
First, a group of general tasks focusing on improving institutions and the business environment, enhancing the quality of human resources and infrastructure. Investment incentives and support mechanisms will shift from traditional incentives to mechanisms linked to project performance; special investment procedures and preferential policies will be applied to key projects and areas such as international financial centers, free trade zones, and innovation hubs.
Second, renewing the orientation for attracting foreign investment by sector, field, and location. Priority will be given to core areas such as: electronics industry, semiconductors and digital devices; artificial intelligence, big data, Internet of Things and blockchain; advanced biotechnology and biomedicine. Emphasis will be placed on attracting projects and investors with foundational and core technologies, committed to research and design activities, establishing innovation centers, data centers, investing in energy reserves and commodity reserves for regional and international markets.
Third, promoting green economy, digital economy, technology transfer, and strengthening spillover effects and linkages with the domestic economy. Foreign-invested enterprises will be encouraged and required to commit to technology, research and development, technology transfer, training Vietnamese personnel, increasing domestic value-added, and developing local suppliers. At the same time, a national program for developing domestic suppliers will be built and implemented; a national database and platforms for supplier connectivity, industry clusters, and long-term cooperation mechanisms between foreign investors and domestic enterprises will be established.
Fourth, innovating and improving the effectiveness of investment promotion. Investment promotion will be fundamentally renewed towards proactivity, focus, and priority, based on data, professionalism, substance, and long-term vision. A database of strategic investors, strategic partners, leading corporations, major financial institutions, large investment funds, and key innovation centers will be developed, with specialized approaches tailored to each market, industry group, and location.
Fifth, enhancing the effectiveness of state management over the foreign-invested economy.
Sixth, improving mechanisms and policies related to foreign indirect investment. Developing medium- and long-term capital markets in a transparent, modern, safe, and sustainable manner, reducing dependence on short-term credit markets; urgently building and putting into operation international financial centers.
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