Affirming the important role of FDI capital flows
On the afternoon of November 28, in Hanoi , the Forum on Perfecting Policies to Attract New Generation FDI Waves into Industrial Parks was held by the Business Forum Magazine (Vietnam Federation of Commerce and Industry - VCCI).
Mr. Nguyen Duc Hien - Deputy Head of the Central Policy and Strategy Committee spoke at the forum. Photo: NH.
Speaking at the forum, Mr. Nguyen Duc Hien - Deputy Head of the Central Policy and Strategy Committee informed that after nearly 40 years of innovation (1986 - 2025), the FDI sector has carried out an important mission, bringing Vietnam to participate more widely, becoming an important link in the global value chain, contributing significantly to GDP growth, attracting investment capital, industrial production, export and employment, with many impressive figures.
The FDI sector contributes more than 20% to GDP; 15% - 18% of total social development investment capital; about 25.4% - 28% of total budget revenue; creates more than 5.1 million jobs; contributes more than 70% of export value and more than 50% of industrial production value of Vietnam.
In the 2021 - 2025 period alone, total realized FDI capital reached more than 158 billion USD, exceeding the target of 100 - 150 billion USD set in Resolution 50-NQ/TW of the Politburo .
Mr. Pham Thanh Binh - Director of the Northern Investment Information Promotion and Support Center (Foreign Investment Agency, Ministry of Finance ) said that in the first 10 months of 2025, the total registered foreign investment capital in Vietnam reached nearly 31.5 billion USD, an increase of over 15.6% over the same period in 2024. The realized FDI capital of foreign investment projects is estimated at about 21.3 billion USD, an increase of 8.8% over the same period.
“These figures demonstrate the strong confidence of the international investor community in the investment environment and sustainable economic development prospects of Vietnam in the medium and long term,” said Mr. Pham Thanh Binh.
Dr. Phan Huu Thang - Chairman of the Vietnam Industrial Park Finance Association (VIPFA), former Director of the Foreign Investment Agency (Ministry of Planning and Investment, now the Ministry of Finance) assessed that the FDI sector has made an important contribution to economic growth in Vietnam with more than 70% of export turnover, over 20% of GDP, creating direct jobs for more than 5 million jobs, and millions of indirect workers.
Speakers attending the forum. Photo: NH.
Need to perfect new generation FDI attraction policy
Although the opportunity to attract FDI into Vietnam is still very positive, according to Mr. Phan Huu Thang, the traditional FDI attraction model over the past many years based on cheap labor, tax incentives and outsourcing assembly has shown many limitations, no longer suitable for the level of development of the economy and social life of the Vietnamese people today.
Not to mention, rising labor costs are reducing Vietnam's competitive advantage in attracting FDI. In addition, competition to attract FDI among countries in the region such as Thailand, Indonesia, Malaysia, and India is increasingly strong...
In the context of the Industrial Revolution 4.0, the shift in global supply chains and the need for green growth, Vietnam needs to perfect its new generation FDI attraction policy; upgrade the quality of FDI, develop supporting industries, increase technological capacity, self-sufficiency in production, and develop green and sustainable industrial zones. These are urgent requirements for Vietnam to take advantage of the opportunity to "restructure the global supply chain" in the period 2025 - 2035.
To attract new-generation FDI capital, Mr. Phan Huu Thang proposed that the Government should issue a Strategy to attract new-generation FDI capital for the 2025-2035 period, approve a set of national criteria for new-generation FDI; and develop a special incentive package for high technology and semiconductors.
Forum scene. Photo: NH.
Sharing the same view, Mr. Pham Thanh Binh - Director of the Northern Center for Information Promotion and Investment Support said that Vietnam has become a destination for many large corporations and companies in the fields of manufacturing, electronics, energy and services.
In the context of a rapidly changing world, from supply chain shifts, digital transformation to green growth commitments; Vietnam is required to reposition its strategy, aiming to attract higher quality and more valuable FDI capital.
In the coming time, Vietnam will focus on attracting FDI in 6 directions: First , prioritizing attracting high-tech and innovative FDI; especially in the fields of semiconductors, artificial intelligence, biotechnology, and research and development (R&D) centers. Second , promoting investment in green transformation, sustainable development, renewable energy, and circular energy.
Third , strengthen cooperation between foreign and domestic enterprises, increase the localization rate, promote technology transfer and production capacity. Fourth , attract selective investment, linked to environmental criteria, efficient land use, contribute to the state budget, and ensure social responsibility.
Five is to develop the model of International Financial Center, Free Trade Zone, focusing on attracting investment in new models. Six is to develop high-tech agriculture, agricultural processing, and sustainable development of raw material areas.
To realize the above orientations, Mr. Pham Thanh Binh said, Vietnam will have to have specific solutions and actions. Accordingly, it is necessary to perfect investment institutions and policies, increase stability and confidence for investors; promote administrative procedure reform, and create maximum convenience in the process of project implementation.
Upgrade infrastructure, especially logistics, energy, and industrial park infrastructure in a modern, green, and smart direction. Strengthen training of high-quality human resources to meet modern technology requirements; strengthen key investment promotion, targeting multinational corporations in the high-tech and clean energy sectors.
According to data from the Ministry of Finance, up to now, there have been 153 countries and territories in the world investing in Vietnam, with a total of 44,801 valid projects, total registered investment capital reaching about 525.86 billion USD.
Source: https://congthuong.vn/viet-nam-can-lam-gi-de-don-dong-von-fdi-the-he-moi-432533.html
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