#foreign investment

Training a highly skilled workforce to attract high-value, technology-intensive investment projects. (Photo: Nam Nguyen)
Business

Viet Nam shifts focus to high-quality foreign investment

The Politburo’s Resolution No. 10-NQ/TW on developing the foreign-invested sector aims to transform Viet Nam from an economy driven by processing, assembly and low-cost advantages into one powered by innovation, technology and high value-added production, while elevating the country’s position in global supply chains.

Foreign-invested enterprises are encouraged to invest and operate, but are also required to make commitments regarding technology, research and development (R&D), and the training of Vietnamese human resources.
Policy

Building a national strategic investment platform

The resolution of the second plenary meeting of the 14th Party Central Committee calls for renewed development thinking and the effective mobilisation of all resources for sustainable growth. In line with this spirit, the recently issued Resolution No. 10-NQ/TW marks a shift in thinking from “attracting capital” to building a national strategic investment platform, with the goal of turning Viet Nam into a leading centre for innovation and manufacturing in Asia.

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