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Vietnam unveils four‑pillar plan to boost foreign direct investment
Vietnam’s Ministry of Finance Foreign Investment Agency presented a four‑pillar strategy aimed at attracting a new wave of foreign direct investment. The plan calls for a transparent overhaul of the investment legal framework, faster, integrated approvals for land, construction and environmental permits, and streamlined work‑permit and visa rules for foreign experts. It targets hi‑tech projects such as semiconductors, data centres, AI and renewable‑energy facilities, offering fast‑track treatment and cost‑based support instead of tax breaks.
The agency also stresses the need for rapid infrastructure development – expressways, deep‑water ports, airports and reliable electricity – to lower logistics costs and meet the energy demands of high‑tech industries. Workforce development, research and innovation incentives are included to improve operational efficiency. Parallel government statements highlighted accelerated implementation of party resolutions to sustain macro‑economic stability, noting a 58 % rise in FDI inflows, a 63.6 % increase in newly registered corporate capital, and a 21.7 % jump in exports during the first seven months of 2026, while inflation eased slightly in July.
Entities
Ministry of Finance’s Foreign Investment Agency (Vietnam) · Prime Minister Lê Minh Hưng · Vietnamese National Assembly