The northern province of Phu Tho is stepping up strategic cooperation with Chinese enterprises as part of a broader push to attract high-quality investment, leverage external resources, and sustain rapid and long-term growth.

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

VOV.VN - After nearly four decades of attracting foreign direct investment (FDI), Vietnam continues to have opportunities to attract multi-billion-dollar inflows from global corporations, contributing to growth in a new development period.

VOV.VN - As global supply chains undergo rapid restructuring, Vietnam continues to attract strong foreign investment not merely through incentives, but increasingly through a stable policy environment, streamlined procedures, and growing investor confidence in long-term prospects.

As global competition for foreign direct investment (FDI) intensifies, Vietnam continues to enhance its appeal to multinational investors, backed by competitive advantages, an improving business environment and policy reforms aligned with emerging global investment standards.

Key economic development targets for 2026–2030 set by the 14th National Congress of the Communist Party of Vietnam (CPV)— focused on science – technology, innovation, FDI attraction, and average annual growth of 10%—are strategically sound but also pose significant structural challenges, said a Malaysian expert.

VOV.VN - The British newswire fdiintelligence.com has published an article, highlighting why many Asian economies, Vietnam in particular, are able to effectively leverage foreign direct investment (FDI) to achieve economic growth, while others struggle to convert inflows into sustainable development.

A series of large-scale foreign direct investment (FDI) projects were granted investment registration certificates in November, contributing to Vietnam’s strong FDI performance in the first 11 months of the year.

VOV.VN - Vietnam reported US$33.69 billion in registered foreign investment as of November 30, up 7.4% from a year earlier, government statistics showed.

Vietnam’s adoption of the global minimum tax marks a strategic step that demonstrates the country’s responsibility and proactive integration with international standards, aiming to both retain existing investors and upgrade the quality of foreign direct investment (FDI) in the years to come.