Vietnam targets 75% of foreign investment from developed economies by 2030

Notably, the Political Bureau aims to make Vietnam a competitive destination attracting high-quality medium- and long-term foreign capital for investment and development, creating a crucial driving force for successfully achieving the country's development goals by 2030 and 2045.

Specifically, under Section II of the Resolution, Vietnam strives to achieve the following targets by 2030:

• Ranking among the leading ASEAN countries in investment and business environment, competitiveness, innovation, quality of public services, and capacity to absorb high-quality foreign investment projects;
• During the 2026-2030 period, attracting approximately USD 200-300 billion in registered foreign investment capital (USD 40-50 billion annually), with implemented capital reaching approximately USD 150-200 billion (USD 30-40 billion annually);
• Achieving the target that 75% of foreign investment capital originates from developed economies with strengths in technology, capital and modern governance;
• Increasing by 30% the number of Fortune Global 500 corporations having investment activities in Vietnam; ...

To achieve these targets, the Political Bureau requires continuously renewing thinking and unifying awareness of the position, role and contribution of the foreign-invested economy to national economic development and international integration. It also calls for further improving the legal system, reforming incentive and investment support mechanisms, developing high-quality human resources, and attracting and making good use of talent.

In addition, the Political Bureau requires developing a synchronized system of strategic infrastructure serving investment attraction; accelerating the transformation of industrial parks, economic zones, and high-tech zones into ecological, smart and highly competitive models.

Increasing the proportion of foreign investment from developed economies is also expected to promote technology transfer, improve the quality of human resources, raise the domestic content rate, and enable Vietnamese enterprises to participate more deeply in global supply chains.