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FDI attraction strategy in the new era - green and sustainable

The investment environment in Vietnam has been continuously improved through administrative reforms, legal improvements, infrastructure upgrades and human resource quality enhancement. Thanks to that, Vietnam has become an attractive destination for large international corporations.

Thời ĐạiThời Đại27/04/2025

According to the Ministry of Finance , as of the end of March 2025, Vietnam had more than 42,700 valid FDI projects, with a total registered capital of more than 510 billion USD. The accumulated realized capital is estimated at nearly 327 billion USD, equivalent to nearly 64.2% of the total registered investment capital in effect. The investment environment in Vietnam has been continuously improved through administrative reform, legal improvement, infrastructure upgrades and human resource quality improvement. Thanks to that, Vietnam has become an attractive destination for large international corporations.

Capital flows from Samsung, Intel, Foxcon, Amkor, etc. are still flowing into Vietnam. In 2024 alone, FDI contributed 16.5% of total social investment capital, nearly 72% of total export turnover, and more than 20 billion USD to the state budget. In addition, preliminary statistics show that the FDI sector has contributed to creating more than 5 million jobs, improving the quality of human resources, and bringing positive income to workers.

Theo Bộ Tài chính, tính lũy kế đến hết tháng 3/2025, Việt Nam có hơn 42.700 dự án FDI còn hiệu lực, với tổng vốn đăng ký đạt hơn 510 tỷ USD. Ảnh: VOV.VN
According to the Ministry of Finance, by the end of March 2025, Vietnam had more than 42,700 valid FDI projects, with a total registered capital of more than 510 billion USD. (Photo: VOV.VN)

Deputy Minister of Finance Do Thanh Trung emphasized: “On the Government side, we are determined to carry out extensive reforms in many aspects, from tax policies, customs procedures to investment processes. The goal is to improve efficiency, shorten processing time, reduce costs and contribute to creating the most favorable conditions for businesses to invest in production and business in Vietnam”.

According to experts, in the context of many changes in the world, shifting the global supply chain. FDI capital flows in the world are also gradually changing in the direction of reducing dependence on one country and instead increasing investment in high-tech fields, R&D, artificial intelligence as well as linking with ESG standards, renewable energy, and emission reduction. In addition, supply chain safety and political stability are increasingly considered the foundation in investment decisions.

For Vietnam, the competitive advantage comes not only from the market size of nearly 100 million people with an expanding middle class and rapidly increasing consumption, but also from the network of 17 free trade agreements, including many new generation FTAs such as CPTPP, EVFTA and RCEP... As one of the most open economies in the world, with a trade turnover to GDP ratio of up to nearly 200%, along with constantly upgraded infrastructure, improved business environment, stable politics and attractive incentive policies, Vietnam continues to be an ideal destination for FDI capital flows.

Thứ trưởng Bộ Tài chính Đỗ Thành Trung phát biểu tại sự kiện
Deputy Minister of Finance Do Thanh Trung speaks at the Vietnam Development Bridge Forum 2025. (Photo: VOV.VN)

Mr. Chaturon Thipphiansak - Deputy General Director of SCG Vietnam Co., Ltd., a company known as a pioneer in green and sustainable development, suggested: “Businesses need to have localized strategies and improve their adaptability to cope with fluctuations in the global economy, fuel costs and green supplies, or strict ESG standards. At SCG, we see this transformation as an opportunity to pioneer through sustainable products, ethical business operations and strong partnerships, contributing to promoting Vietnam's green growth process”.

Vietnam is entering a new phase of development with the desire to accelerate to achieve two important development goals by 2030 and 2045. The focus is on overcoming the risk of falling behind and avoiding falling into the middle-income trap, in which the economic growth rate needs to reach over 8% by 2025 and strive for double digits in the next phase. However, this goal is set in the context of a rapidly changing and unpredictable world, especially the adjustments in tariff policies from the United States, a country that has a great influence on global trade and investment flows.

Ms. Tran Thi Hong Minh, Director of the Institute for Policy and Strategy Studies, said: “The goal of these activities is to form an Fdi strategy in the new era in the near future to promote the effectiveness and spread of Fdi enterprises in the Vietnamese economy, an issue that we have been expecting for many years. At the same time, this is also extremely important information for Party and State agencies to implement policy planning related to Vietnam's economic development in the coming time, especially the goal for us to achieve double-digit growth in the period of 2026-2030.”

Despite many achievements, there are still limitations in attracting and using FDI. For example, the scale and technological level of FDI projects are still limited; many projects have not really created high added value. There is a lack of connection between the FDI enterprise sector and domestic enterprises. The low localization rate makes it difficult for domestic enterprises to participate deeply in value chains. Barriers in administrative procedures, site clearance, some regulations on environment, fire prevention and fighting, taxes, etc. are still obstacles, creating more burdens, directly affecting the business efficiency of FDI enterprises.

Investors also face difficulties due to the lack of high-quality human resources and infrastructure that does not meet development requirements. Transfer pricing and trade fraud still occur, especially the problem of "disguising and enameling the origin" of products. Hopefully, with specific solutions from ministries and sectors, and the support of the business community, Vietnam will create a competitive, modern and effective investment environment - not only for domestic enterprises but also for FDI enterprises that have chosen, are choosing and will choose Vietnam as a destination.

According to VOV.VN
https://vov.vn/kinh-te/chien-luoc-thu-hut-fdi-trong-ky-nguyen-moi-xanh-va-ben-vung-post1194857.vov

Source: https://thoidai.com.vn/chien-luoc-thu-hut-fdi-trong-ky-nguyen-moi-xanh-va-ben-vung-213019.html


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