Striving to bring Vietnam to the leading group in ASEAN in terms of investment and business environment

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The Politburo sets a goal by 2030 to strive to bring Vietnam to the leading group in ASEAN in terms of investment and business environment and competitiveness.

On behalf of the Politburo, General Secretary and President To Lam signed and promulgated Resolution No. 10-NQ/TW dated June 8, 2026 of the Politburo on economic development with foreign investment capital.

The Resolution clearly states that in the context of Vietnam establishing a new growth model based on science, technology (S&T), innovation (innovation), digital transformation (CDS), green transformation, and improving strategic autonomy capacity, the attraction and development of foreign-invested economy must be placed in the overall national development strategy.

The Resolution identifies the general objective as: To make Vietnam a competitive destination to attract high-quality medium and long-term foreign capital for development investment.

Effectively manage and use foreign investment capital to improve production capacity, create linkages and spillovers with domestic economic sectors, promote technology transfer, human resource training and deeply participate in global supply chains; contribute to establishing a new growth model based on science and technology, innovation and telecommunications, strengthen competitiveness and strategic autonomy, enhance national position and prestige; create an important driving force to successfully implement the country's development goals to 2030 and 2045.

The Resolution sets specific goals, by 2030: Striving to bring Vietnam to the leading group in ASEAN in terms of investment and business environment, competitiveness, innovation, quality of public services and capacity to receive high-quality foreign investment projects.

Phase 2026-2030: Attracting registered foreign investment capital of about 200-300 billion USD (40-50 billion USD/year); realized capital of about 150-200 billion USD (30-40 billion USD/year).

75% of foreign investment capital comes from developed economies, with potential in technology, capital and modern management; the number of multinational corporations in the Fortune 500 list with investment activities in Vietnam increased by 30%; attracting multinational corporations to invest in research, design, innovation, data, regional headquarters, operations centers, fund centers, shopping centers, shared service centers, including at least 3 leading technology corporations in the world with headquarters, offices, research and development (R&D) centers in Vietnam; attracting foreign enterprises, including small and medium-sized enterprises, but with core technology, specialized technology, capable of deeply participating in the global value chain.

The average localization rate in key industries reaches 45-50%; striving for about 10,000 domestic enterprises to participate in the value chain, supply chain of foreign-invested enterprises, including about 500-1,000 level I suppliers.

The proportion of trained workers in the labor structure reaches about 80%; significantly increasing the proportion of Vietnamese people holding technical, management, research, design, operation, and supply chain positions in high-quality foreign investment projects.

The proportion of ecological industrial parks, including conversion and new establishment, accounts for about 10% of the total number of industrial parks nationwide.

Striving for the stock market to be upgraded by the MSCI market ranking organization before 2030.

The Resolution also sets out the goal by 2045: The foreign-invested economic sector develops effectively and sustainably, closely linked to the state economy and private economy, making Vietnam one of the centers of production, services, innovation, and regional management with high competitiveness in Asia, deeply participating in the global value chain; the capital market develops modernly, transparently, safely, and closely following international practices.

Striving to 2045, the foreign-invested economic sector accounts for about 25% of total social investment capital, contributing about 30% of the country's GDP; contributing to making Vietnam a developed, high-income country.

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