For nearly 45 years of Doi Moi (Renovation), Vietnam has progressed thanks to advantages such as a young workforce, competitive costs, FDI inflows, and an open international integration environment.

Resolution 10 on the development of foreign-invested economic sector, recently promulgated by the Politburo, sets a highly ambitious target: attracting $200–300 billion in FDI capital in 2026–2030.

According to the Department of Finance, as of May 31, the city had nearly 21,000 active FDI projects worth over 143.3 billion USD, remaining Vietnam’s leading FDI destination. In the first half of 2026, FDI reached over 6.8 billion USD.

Vietnam attracted 34.65 billion USD in foreign direct investment (FDI) in the first six months of 2026, while disbursed FDI reached its highest first-half level in five years, according to the National Statistics Office (NSO).

Strong manufacturing investment helped Vietnam attract $34.65 billion in FDI during the first half of 2026, led by Thai Nguyen and Singaporean investors.

For many years, FDI has been a major advantage for Vietnam. But in the new phase, FDI cannot merely be an advantage in terms of capital, jobs, and exports. The country needs to transform FDI into enhancing the capability of Vietnamese businesses.

Vietnam's decades-long growth model delivered remarkable success. But as global competition changes, the country now faces a more fundamental challenge - creating its own competitive advantage.

VN is recalibrating its FDI attraction strategy towards higher quality & greater efficiency, shifting from a focus on attracting capital to effectively leveraging int'l resources in combination with domestic strengths to drive new growth momentum.

Party General Secretary and State President To Lam on June 30 emphasised the need for a fundamental shift in Vietnam’s approach to foreign investment.

Representatives from localities and FDI firms on June 30 put forward measures to attract high-quality investment and develop Vietnam’s capital market at a national conference in Hanoi.

The Politburo has issued Resolution 10-NQ/TW, a document that promises to rewire the way Vietnam courts and controls foreign capital.

The Foreign Investment Agency reported that total registered FDI neared 25 billion USD in the first five months of this year, a jump of almost 35% from a year earlier, with new project registrations driving the bulk of the expansion.

Politburo Resolution 10 on foreign-invested economic development has set an ambitious target: attracting between $200 billion and $300 billion in registered foreign direct investment (FDI) during the 2026-2030 period.

Party General Secretary and State President To Lam has signed Politburo Resolution No. 10 on the development of the foreign-invested sector of the economy.

Vietnam attracted 24.81 billion USD in foreign direct investment (FDI) during the first five months of 2026, up 34.9% year-on-year, the National Statistics Office under the Ministry of Finance reported on June 3.

An expert perceived that Vietnam needs to move towards a new-generation investment attraction model – one that seeks not only capital but also advanced technology, modern governance, innovation and stronger spillover effects on domestic enterprises.

Ho Chi Minh City has nearly achieved its 2026 target of attracting 11 billion USD in foreign direct investment (FDI), underlining the city’s growing attractiveness to international investors and its increasingly important role as an economic hub.

It’s time for VN to shift from its long-standing approach of attracting FDI at all costs towards a more selective strategy focused on technology, innovation, green development, value creation and stronger linkages with domestic enterprises.

While FDI corporations continue expanding production and exports, many Vietnamese companies say they are surviving on razor-thin margins and constant uncertainty.

In the new development phase, Vietnam is shifting from mass attraction of FDI to a more selective, quality-, efficiency- and sustainability-driven investment cooperation approach, Deputy PM Nguyen Van Thang stated at a forum in Hanoi on May 13.