Selective FDI flows

Recently, more than 60 American "giants" such as: Boeing, Apple, Intel, Coca-Cola, Nike, Amazon, Bell Textron, Excelerate Energy... have come to Vietnam.

These businesses said they are ready to invest and expand in Vietnam in the fields of green transformation, digital transformation, circular economy, energy, high technology, semiconductors, AI, aviation, logistics, finance, telecommunications, etc.

Attracting FDI in 2025 is not just a short-term goal but requires a comprehensive, long-term strategy (illustrative photo).

Currently, the Trump Organization is investing in an urban complex, eco-tourism, sports and high-end golf course in Hung Yen province with a total investment of about 1.5 billion USD.

Mr. Charles James Boyd Bowman, General Director of Trump Organization projects in Vietnam, said that the group hopes to complete the complex project in Hung Yen in the next 2 years (March 2027), to serve the APEC 2027 occasion. The group is also researching investment in other projects and fields in Vietnam.

Vietnam and the US established diplomatic relations in 1995 and upgraded them to a Comprehensive Strategic Partnership in September 2023. By the end of 2024, US direct investment in Vietnam will reach nearly 12 billion USD with over 1,400 projects, ranking 11th among countries and territories with foreign investment in Vietnam.

In order for Vietnam to continue to be a "destination", US businesses hope that Vietnam will continue to reform administrative procedures, shorten decision-making time, and ensure consistency and stability of legal regulations.

They also suggested that Vietnam have preferential policies to encourage investment in specific projects and products in which the US has strengths and Vietnam has needs, and prioritize attracting and developing them.

It can be seen that Vietnam's position in ASEAN, Asia and the world has clearly increased when the five permanent members of the United Nations Security Council, India, Japan, South Korea and a number of countries have upgraded their relations with Vietnam to Comprehensive Strategic Partnership.

According to Professor, Dr. Nguyen Mai, we have a huge advantage in attracting foreign direct investment (FDI).

In addition, the Government sets a target of GDP growth of 8% or more in 2025, creating momentum for economic growth in the 2026-2030 period at double digits per year. These will be positive signals creating opportunities for investment and development.

In fact, in the first two months of 2025, total registered foreign investment capital in Vietnam reached nearly 6.9 billion USD, an increase of 35.5% over the same period.

However, Mr. Mai also quoted General Secretary To Lam's note: "Do not let Vietnam become an "assembly - processing" stronghold, a technological dumping ground for the world, while domestic enterprises cannot learn anything."

According to Mr. Mai, this is a strong reminder that attracting FDI is not simply about receiving investment capital, but more importantly, it is about taking advantage of that resource to improve the internal strength of domestic enterprises.

Therefore, attracting FDI in 2025 is not just a short-term goal but requires a comprehensive, long-term strategy.

To maintain its attractiveness to foreign investors, Vietnam cannot rely solely on its existing advantages but needs to substantially improve its investment environment, infrastructure, human resources, trade policies and national branding. Once all these factors are implemented synchronously and effectively, Vietnam will not only be an attractive investment destination but also a reliable economic center in the region and the world.

To do this, it is necessary to build a set of FDI indexes, from which there is a database to serve policy advisory agencies to assess the impact of FDI capital on the economy.

At the same time, it is necessary to change the investment attraction strategy, shifting from pre-investment incentives to post-investment incentives combined with investor diversification, avoiding over-reliance on a few large investors.

As economist Pham Chi Lan said, Vietnam needs to establish environmental standards and require FDI enterprises to comply when investing in Vietnam.

In the long term, there needs to be specific programs on human resource training. Because, to attract FDI capital into the technology sector, it is necessary to have a workforce that meets the high requirements of FDI enterprises...

Source: https://www.baogiaothong.vn/chon-loc-dong-von-fdi-192250324230041645.htm