Perfecting institutions, opening 'green channels' for new generation FDI

(Chinhphu.vn) - New generation FDI is no longer limited to capital, but has expanded to technology, greening and modern management. In addition to continuing to improve institutions, there needs to be preferential policies and infrastructure development to upgrade industrial zones and welcome green and high-tech investment flows.

Forum "Improving policies to attract new generation FDI waves into industrial parks" - Photo: VGP

Leverage to improve growth quality and competitiveness

On the afternoon of November 28 in Hanoi, the Forum "Improving policies to attract new-generation FDI waves into industrial zones" took place with the participation of leaders of ministries, branches, experts, businesses and domestic and foreign investors. The Forum focused on discussing key policy orientations to improve the quality of FDI attraction in the new development stage of the economy .

VCCI Vice President Hoang Quang Phong said that new-generation FDI does not only aim at profits but also requires higher standards in technology, knowledge transfer, green development, corporate governance and social responsibility. After nearly four decades of attracting FDI, Vietnam is facing a historic opportunity to welcome high-quality capital flows, especially in technology and innovation. The Ministry of Finance is currently drafting a project to attract new-generation FDI to take advantage of this opportunity.

Mr. Hoang Quang Phong - Vice President of Vietnam Federation of Commerce and Industry (VCCI) - Photo: VGP

Regarding industrial parks (IPs), since the Government issued specific regulations in the 1996 Foreign Investment Law, the IP system has developed strongly and become an important foundation for industrial production, export and employment. In the context of a green economy and a circular economy, reviewing and perfecting incentive policies for IPs and economic zones (EZs) is an urgent requirement. The Ministry of Finance is seeking comments on a new draft decree on the management of IPs and EZs with many notable amendments, including a proposal to allow cost accounting for emission reduction and industrial symbiosis activities. This is considered a financial incentive for businesses to switch to clean, energy-saving technology.

The VCCI Vice President emphasized that the new policy not only expands regional development space but also increases attractiveness to strategic investors, promotes the green transformation process, and aims for a net zero emission target by 2050.

Removing bottlenecks and opening up new investment flows

Mr. Nguyen Duc Hien - Deputy Head of the Central Policy and Strategy Committee - affirmed that the FDI sector has played a key role in nearly 40 years of innovation, helping Vietnam participate deeply in the global value chain. Resolution 57-NQ/TW and Resolution 224/2025/QH15 both emphasize the development of digital technology industrial parks, ecological industrial parks, high-tech industrial parks and free trade zones. The Government is drafting a decree to replace Decree 35/2022/ND-CP to ensure a legal framework consistent with land laws, planning, public investment and local decentralization.

According to Mr. Hien, Vietnam has great advantages in political stability, a market of nearly 100 million people and a young workforce. However, to attract new-generation FDI, a more synchronous and substantive approach is needed. The 14th Congress documents identify selective FDI attraction, prioritizing high technology, low emissions, promoting FDI-domestic linkages and enhancing technology transfer.

Mr. Hien emphasized the need to quickly perfect institutions for new fields such as AI, digital technology, green energy; design incentives based on R&D costs, training and output results; develop infrastructure and solve the lack of clean land in large cities.

Mr. Phan Huu Thang - Chairman of VIPFA, former Director of the Foreign Investment Agency - said that new-generation FDI is closely linked to high technology and green investment. He recommended that the Government soon issue a new-generation FDI strategy for 2025-2035 and a set of national criteria on FDI; the Ministry of Finance complete the legal framework for green industrial parks, ecological industrial parks and build national data on FDI; and at the same time, establish incentives for research and development. The Ministry of Education and Training needs to train human resources for new industries, while localities must link vocational training with the actual needs of industrial parks.

Mr. Phan Huu Thang - Chairman of the Vietnam Industrial Park Finance Association (VIPFA) and former Director of the Foreign Investment Agency (Ministry of Finance) - Photo: VGP

From an international perspective, Mr. See Yee Chung - Vice President of SingCham Vietnam - highly appreciated Vietnam's efforts in institutional reform, green economy development and high technology. He acknowledged new policies on carbon market, emission reduction, and improvement of land and real estate laws. According to him, the demand for energy for data centers and high technology will increase sharply, requiring upgrading of electricity infrastructure and improvement of PPP law.

From a banking perspective, Ms. Tran Nhi Ha (LPBank) believes that banks need to shift from providing products to creating comprehensive solutions for industrial parks, participating from design to operation. LPBank chooses two pillars: long-term infrastructure financing and digitalizing cash flow for industrial parks. This is also an opportunity to increase CASA, improve asset quality and expand service market share.

Mr. Hiroki Kamijo - Deputy General Director and Director of FDITB VPBank - said that the bank currently has many preferential credit packages for renewable energy, energy-saving production, sustainable waste management, circular economy and green buildings. These are programs that meet ESG standards and are supported by international financial institutions.

VPBank also supports small and medium enterprises, training projects, healthcare, education, affordable housing and essential infrastructure such as clean water and environmental sanitation - contributing to improving the quality of industrial park development in a sustainable direction, in line with the Net Zero 2050 vision.

Mr. Kamijo said VPBank has mobilized nearly 3 billion USD in sustainable finance capital since 2022, with 1.3 billion USD in 2025 alone. The bank is currently qualified to deploy green finance for ecological industrial parks and is rated ESG credit impact at CIS-2 by Moody's.

Mr. Minh

Source: https://baochinhphu.vn/hoan-thien-the-che-mo-luong-xanh-cho-fdi-the-he-moi-102251128192123622.htm