Viet Nam has reached a point where it needs to move decisively away from the mindset of “rolling out the red carpet” for foreign investment at any cost and towards a more selective and substantive approach, with technology, innovation, green development, linkages with domestic enterprises, and value creation serving as the key benchmarks.

The year 2026 is forecast to remain favourable for foreign direct investment (FDI) attraction in Nghe An Province. Several major corporations have increased their investment capital, while industrial parks such as VSIP, WHA phases 1 and 2, and Hoang Mai 1 are being rapidly filled. Meanwhile, VSIP 2, VSIP 3, WHA 2, and Hoang Mai 2 are accelerating site clearance and infrastructure development.

Viet Nam has recorded a new five-year high in realised foreign direct investment (FDI), reaching 27.62 billion USD, while total registered capital exceeded 38 billion USD. Having completed its “historic mission” in the early stage of industrialisation, the FDI sector is now facing the need to redefine its role.