Vietnam's foreign investment attraction journey enters a new phase
Over the past four decades, foreign investment has played an important role in Vietnam's economic development, contributing not only capital but also technology, management expertise and stronger integration into global supply chains. However, technology transfer, local linkages and value creation have yet to fully meet expectations, while investment attraction has often focused more on quantity than quality.
In response, the Politburo issued Resolution No. 10-NQ/TW (“Resolution 10”) on 8 June 2026, marking a new phase in the development of the foreign-invested economy. Built around six guiding principles and a comprehensive package of policy directions and implementation measures, the Resolution seeks to position the foreign-invested economy as a key driver of innovation, competitiveness and sustainable growth, supported by clearly defined targets for 2030 and a long-term vision for 2045.
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Targets by 2030 (2026–2030)
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Vision to 2045
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Noteworthy points in Resolution 10
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Key points
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Key provisions
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Implications for investors
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Recognition of the FDI sector as a key driver of growth and integration
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Resolution 10 reflects a long-term commitment to attracting high-quality foreign investment. Investors whose projects align with Vietnam's strategic development priorities are likely to benefit from more coordinated policies, greater regulatory consistency, and stronger institutional support.
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Priority sectors for investment attraction
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The clear definition of priority sectors and accompanying incentive framework provides great certainty for investors planning long-term projects. Businesses in technology-intensive and high-value industries may find Vietnam increasingly attractive as a regional hub for advanced manufacturing, R&D, and innovation.
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Project selection and incentive mechanism reform
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Investment projects will increasingly be assessed on the quality, performance, and long-term contribution rather than their size alone. Projects that deliver on advanced technology adoption, innovation, workforce training, and localisation commitments stand to receive the strongest and most durable incentives and support mechanisms.
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Ecosystem development and domestic linkage
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Vietnam is building the infrastructure to make local sourcing more efficient for FDI enterprises, not simply requiring it. A more capable, better-organised domestic supplier base allows investors to shorten supply chains, reduce import dependency, and strengthen the business case for deeper localisation over time.
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High-quality workforce and talent development
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Greater government support for workforce development should gradually improve the availability of skilled labour in strategic industries. High-value investment projects may also benefit from a more flexible framework for deploying foreign specialists and at the same time building local management and technical capabilities over the longer term.
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Foreign indirect investment facilitation
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Capital market reforms and the targeted market classification upgrade before 2030 are expected to improve market accessibility and support greater foreign portfolio and institutional investment.
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Strengthened IP protection and investment transparency
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Resolution 10 strengthens the protection of intellectual property, assets, and other lawful rights to reinforce investor confidence and legal certainty for long-term investment. Together with enhanced transparency requirements and improved dispute-resolution mechanisms, it promotes a more predictable investment environment for transparent and well-governed investors.
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Key takeaways for investors
- A broader policy scope. Resolution 10 extends beyond traditional FDI attraction to encompass development of the entire foreign-invested economic sector — including indirect investment, capital markets and international financial institutions.
- Quality becomes the new benchmark. Future policy direction places greater emphasis on innovation, technology, productivity, sustainability and spillover effects rather than investment size alone.
- Institutional competitiveness takes centre stage. Administrative reform, superior policy mechanisms, IP protection and implementation efficiency are positioned as key elements of Vietnam's investment competitiveness.
- FDI is expected to integrate more deeply into the domestic economy. Greater emphasis is placed on local supplier development, technology diffusion, R&D collaboration and workforce development to strengthen the domestic ecosystem.
- Strategic coordination replaces fragmented investment promotion. Investment attraction is expected to be more closely aligned with national industrial priorities, regional planning and long-term economic transformation.
