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Vietnam investment and legislative developments

Updated 11 times since CLSTR started tracking revisions of this situation.

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2026-10-18 10:22 UTC → 2026-10-18 15:21 UTC · added ~~removed~~

Vietnam investment and ~~innovation landscape~~ legislative developments

Vietnam is experiencing a significant divergence between robust foreign direct investment (FDI) and a constrained innovation funding landscape. In the first nine months of 2026, total registered FDI rose 76.4% year-on-year to $50.36 billion, with realized FDI reaching an estimated $21.07 billion—the highest nine-month figure in five years. The manufacturing and processing sector remains the primary driver, accounting for 82.6% of realized FDI. Economic performance has remained strong, with GDP growth reaching 9.01% for the first nine months of 2026, bolstered by a 9.95% growth rate in the third quarter. Prime Minister Lê Minh Hưng has expressed an ambition for GDP growth to exceed 10% in 2027, emphasizing a development model driven by science, technology, and digital transformation. ~~For 2027, the government is also targeting a consumer price index (CPI) increase of approximately 4.5% and a per capita GDP of 6,100 USD.~~ The government reported that 14 out of 15 major socio-economic targets for 2026 were met or exceeded, with state budget revenue estimated at 3.06 quadrillion VND and total import-export value projected to reach 1,110 billion USD. The 2nd Session of the 16th National Assembly commenced on October 17, 2026, in ~~Hanoi. Scheduled~~ Hanoi, chaired by National Assembly Chairman Tran Thanh Man. The session, scheduled to last 28 working ~~days and conducted in two phases, the session~~ days, aims to consider and pass 43 draft laws and ~~resolutions, including critical updates to~~ resolutions. Legislative priorities include the ~~Penal~~ Land Law, Housing Law, Criminal Code, Criminal Procedure Code, ~~Land Law,~~ Law on Data Security, Law on Small and ~~Housing Law, as well as~~ Medium Enterprises, and amendments to the Law on ~~Data Security.~~ Securities, the Law on Accounting, and Independent Auditing. During the session, General Secretary and President To Lam presided over a formal welcoming ceremony for Swiss President Guy Parmelin. The assembly is also reviewing proposals regarding the ~~Prime Minister presented reports~~ Law on ~~the 2026 socio-economic development plan~~ International Agreements and ~~the state budget.~~ reports on Ho Chi Minh Road construction projects. A ~~planned~~ question-and-answer session with ~~Government~~ government members is ~~set~~ scheduled for November ~~12, where deputies will select priority sectors for direct questioning of Ministers.~~ 12.

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