On the morning of March 28, in Ho Chi Minh City, the Ministry of Finance held a conference on "Investment funds and foreign investment in the new development era of Vietnam" .
The conference attracted many international financial organizations, leading investment funds in the world , and FDI enterprises.
Informing investors about Vietnam's investment attraction orientation in the coming time, Mr. Do Van Su, Deputy Director of the Foreign Investment Agency (Ministry of Finance) said that in the coming time, Vietnam will selectively attract investment, taking quality, efficiency, technology and environmental protection as the main evaluation criteria.
Vietnam will prioritize attracting investment in emerging industries and fields such as semiconductors, artificial intelligence, hydrogen, etc. and participate deeply in regional and global production and supply chains.
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| Minister Nguyen Van Thang talks with foreign businesses at the Conference. Photo: Le Toan |
To achieve the above goals, Vietnam is actively implementing 7 solutions to attract investment in the new period such as: stabilizing the macro economy ; implementing 3 strategic breakthroughs: institutions, infrastructure, human resources; perfecting policies, simplifying procedures; removing bottlenecks in institutions...
In particular, Vietnam is implementing a number of special investment incentives such as: the maximum preferential tax rate of 5% can be up to 37 years; exemption and reduction of up to 6 years, 50% reduction in 13 years for innovation centers, R&D centers with investment capital of over 3,000 billion VND...
With a new investment attraction orientation, many investors consider Vietnam to be an attractive investment destination. Mr. Jeong Jihoon, Vice President of the Korean Chamber of Commerce in Vietnam (KOCHAM), commented that in the context of investment capital flows to many countries around the world slowing down, Vietnam still maintains an impressive level of FDI attraction.
South Korean investors still consider Vietnam an attractive investment destination thanks to large-scale infrastructure projects such as high-speed railways, urban railways, nuclear power plants and gas-fired power plants.
On the other hand, the Vietnamese Government promotes policies to support investment in R&D, while providing strong incentives for the information technology and high technology industries.
Thanks to its favorable geographical advantages, Vietnam has a developed logistics and transportation system, while maintaining diplomatic stability, helping to reduce barriers in import and export activities.
“Currently, many Korean enterprises consider Vietnam as one of the top priorities when considering expanding investment abroad,” said Mr. Jeong Jihoon.
Meanwhile, Mr. Nitin Kapoor, Vice President of the Vietnam Business Forum (VBF) Alliance, said that attracting sustainable and high-quality foreign investment is the key to Vietnam's long-term development.
To improve the investment environment, Vietnam should focus on three important factors: consistent and clear policies; promoting digital transformation, developing renewable energy and expanding green supply chains; and training high-quality human resources.
“The private business sector is always ready to accompany the Government in improving the investment environment, enhancing competitiveness and creating favorable conditions for Vietnam's sustainable development,” said Mr. Nitin Kapoor .
Similarly, Mr. Jeong Jihoon also recommended that Vietnam needs to ensure that legal policies are implemented consistently, without differences between localities.
Vietnam needs to improve its administrative procedures through digitalization and upgrade its management system, in order to enhance coordination between functional agencies, so that FDI enterprises can access the market more quickly and smoothly. This will promote stronger investment flows into Vietnam.
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| Leaders of units of the Ministry of Finance answered questions of concern to businesses at the Conference. Photo: Le Toan |
During the dialogue, many investors asked how Vietnam will facilitate investors in the new era to attract investment?
Responding to the issue of concern to investors, Mr. Do Van Su said that two days ago, the Government issued Resolution 66/NQ-CP on the Program to reduce and simplify administrative procedures related to production and business activities in 2025 and 2026, which will eliminate many overlapping business conditions.
Mr. Su said that when policies are issued, to create consistency, the Ministry of Finance organizes training for localities and businesses to implement. Many localities have different understandings, the Ministry will have specific written instructions.
"Resolution 66 also sets the goal that all state agencies will carry out 100% of administrative procedures related to businesses online. Therefore, the procedures will be made transparent to facilitate investors," Mr. Su shared.
Concluding the conference, Minister Nguyen Van Thang affirmed that the Ministry of Finance will continue to work with ministries, branches and localities to remove obstacles in the process of attracting FDI capital by improving the business environment, cutting costs and administrative procedures.
At the same time, promote public-private cooperation with corporations and investment funds with sustainable capital sources, effective operations, management experience and good business models to participate in investing in strategic infrastructure projects, artificial intelligence, semiconductors, science and technology development, innovation, digital transformation, and renewable energy.
The Ministry of Finance will maintain policy dialogue to promptly detect difficulties and obstacles and proactively propose solutions, creating all favorable conditions for investors to invest in Vietnam.
Source: https://baodautu.vn/khoi-thong-diem-nghen-thu-hut-dong-von-fdi-trong-ky-nguyen-moi-d259797.html
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