Vietnam is ready to welcome a wave of quality FDI
On the afternoon of April 24, in Bac Ninh, the People's Committee of Bac Ninh province coordinated with the Vietnam Chamber of Commerce and Industry (VCCI) to organize the forum "FDI Connection - FDI Connect 2026" with the theme "Towards a sustainable global supply chain".
Speaking at the opening of the Forum, Assoc. Prof. Dr. Ho Sy Hung - Chairman of the Vietnam Chamber of Commerce and Industry emphasized that the Forum is not only an investment promotion event but also a strategic dialogue space; where economic actors share visions, connect resources and build the future. Thereby, expressing a message affirming Vietnam's commitment to being ready to welcome new investment waves, accompany businesses and participate more deeply in the global supply chain.
At the Forum, Dr. Nguyen Duc Hien - Deputy Head of the Central Policy and Strategy Committee assessed that after 40 years of renovation, the foreign investment sector has become an important component of the Vietnamese economy. FDI not only contributes greatly to growth, exports, and the budget, but also promotes economic restructuring, technological innovation and improves national competitiveness, attracting high-quality human resources.
The Party and State of Vietnam are always steadfast and consistent in their view of creating favorable, transparent and effective attraction for the business community, including FDI enterprises. Calling on FDI enterprises to continue to believe in the renovation and economic development process of Vietnam in general as well as localities, including Bac Ninh, to stick with it for a long time," Dr. Nguyen Duc Hien emphasized.
Bac Ninh deploys "green channel" to support high-tech projects
At the Forum, Mr. Pham Hoang Son - Chairman of Bac Ninh Provincial People's Committee emphasized that entering a new development stage, Bac Ninh determines to strongly shift to selective investment attraction, taking quality, efficiency and sustainability as top criteria.
The province focuses on completing the strategic infrastructure system, especially inter-regional transport infrastructure, new generation industrial parks, logistics and digital infrastructure. Key projects such as Gia Binh International Airport, Ring Road 4 and Ring Road 5 - Hanoi Capital Region will contribute to expanding development space and improving competitiveness.
Bac Ninh province is always ready with a large clean land fund in industrial parks that have been synchronously invested in infrastructure, ready to receive large-scale, high-tech projects. It is expected that by the end of 2026, the province will add an additional clean land fund, thereby creating an important driving force to maintain industrial growth momentum," Mr. Son emphasized.
Regarding institutions and the investment environment, Mr. Pham Hoang Son said that Bac Ninh continues to strongly innovate management methods, including implementing the "green channel" mechanism in resolving administrative procedures, in order to shorten processing time and quickly support key projects and high-tech projects.
Bac Ninh respectfully invites international investors to continue to research, expand and implement new projects in the locality, especially in the fields of high-tech industry, innovation and sustainable development," Mr. Son affirmed.
On the side of foreign investors, Mr. Kim In Woo - Vice Chairman of the Korea Chamber of Commerce in Vietnam (KoCham) assessed that the convergence of production, export, investment and industrial infrastructure in Bac Ninh also reflects Vietnam's future development orientation.
According to a representative of KoCham, in the context of competition focused on high-tech industries, relying solely on processing and assembly capacity will be difficult to ensure sustainable competitive advantages. Therefore, it is necessary to focus on improving the accuracy of production processes, quality management systems, the ability to meet technical standards, as well as developing a team of intermediate engineers and managers.
To adapt to changes in the investment environment, the predictability of policies and consistency in administrative implementation are becoming increasingly important. Improving the speed and transparency of administrative procedures and unity in understanding and applying policies will be key factors to improve competitiveness," Mr. Kim In Woo recommended.
