Vietnam targets sustained growth and $200‑300 bn foreign investment by 2030

The Asian Development Bank’s country director highlighted Vietnam’s strong growth momentum, driven by industrial output, exports, FDI, public investment, services and domestic consumption. He warned that the country’s openness makes it vulnerable to global trade fluctuations, tariff changes, energy price shifts and weaker demand in key markets, and called for a shift away from low‑cost‑labour growth toward higher productivity, innovation and advanced technology sectors such as semiconductors, AI and green industries.

Vietnam’s government has set a goal of attracting $200‑300 bn in registered foreign investment for the 2026‑2030 period. In the first half of 2026 the nation drew $34.65 bn in FDI, a 61 % year‑on‑year increase, and its total trade turnover rose 27 % to $549.69 bn. Outbound investment reached $1.21 bn, while the manufacturing PMI held at 51.8, indicating continued expansion. Authorities also reported economic violations covering over 4,800 ha of land, seeking to recover about $24 m for the state budget.