Accordingly, at the meeting, the Prime Minister asked delegates to analyze and forecast the situation in March and the coming time, the difficulties and advantages; the work that needs to be focused on leadership and direction, the tasks that need to be implemented to accelerate the implementation of the goals of the entire term in 2024, including the work that needs to be done to attract and retain large and prestigious corporations and companies in the world in the technology field. Typically, improving the investment and business environment, reforming administrative procedures, and improving the quality of human resources.
According to statistics from the Ministry of Planning and Investment, in the first two months of 2024, FDI attracted investment of 4.29 billion USD, up 38.6%; realized FDI capital reached 2.8 billion USD, up 9.8% over the same period. Up to now, Vietnam has 39,553 valid FDI projects with a total registered capital of over 473 billion USD; total realized capital of nearly 300 billion USD.
In recent times, attracting foreign investment in the high-tech sector and promoting technology transfer in Vietnam has achieved some positive results. Vietnam has initially welcomed new investment flows in the high-tech sector such as Intel, Samsung... The fact that global technology corporations are investing heavily in the technology manufacturing sector in Vietnam has caused the domestic market to expand rapidly.
Along with that, foreign-invested enterprises are also a factor that motivates domestic enterprises to improve productivity, innovate technology through competitive pressure, and apply new production models of foreign-invested enterprises to develop and adapt to the context of globalization. Domestic enterprises are gradually participating in the production chain of foreign-invested enterprises, when the number of Vietnamese tier 1 and tier 2 suppliers in Samsung's global supply chain increased 10 times, from 25 enterprises in 2014 to 257 enterprises by the end of 2022.
In 2023, Prime Minister Pham Minh Chinh also signed and issued Directive No. 14 on a number of tasks and solutions to improve the efficiency of foreign investment (FDI) in the new period.
The Directive assesses that attracting FDI contributes to creating jobs, increasing income for workers, improving qualifications and production capacity, increasing state budget revenue, stabilizing the macro-economy; promoting economic restructuring and renewing the growth model.
The Prime Minister assigned the Ministry of Information and Communications to propose a pilot policy framework and breakthrough solutions to attract the world's leading digital technology corporations to Vietnam.
Research the mechanism of concentrated information technology zones to form zones that meet international standards; attract the world's leading technology corporations to invest, research and develop.
Develop or propose to issue incentive mechanisms for Vietnamese information technology enterprises to research and develop core software and source technology. Develop telecommunications and information technology infrastructure such as 5G network coverage, high-speed and ultra-high-speed broadband fiber optic Internet networks to industrial parks, Gigabit fiber optic infrastructure connecting localities and key economic regions of the country, etc.
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