Promoting FDI attraction 2025: Directing capital to key industries

Prioritize attracting quality FDI

Sharing at the 6th Congress, term 2025-2030 of the Association of Foreign Investment Enterprises (VAFIE) held on April 24, Professor, Dr. Nguyen Mai - Chairman of the Association of Foreign Investment Enterprises reviewed VAFIE's contributions to attracting foreign direct investment (FDI) after 22 years of establishment and development, especially the association's contributions in building legal policies and supporting foreign investment promotion in the period 2021-2025.

Prof. Dr. Nguyen Mai speaks at the event. Photo: Huy Nguyen

Regarding the issue of global minimum tax, VAFIE has approached and grasped the issue early and organized many seminars to collect opinions on this topic, thereby recommending that the Vietnamese Government and National Assembly soon participate in the Global Minimum Tax, in order to gain the right to collect additional taxes according to the regulations of the Organization for Economic Cooperation and Development (OECD).

VAFIE also made a special mark in promoting foreign investment in Vietnam. Specifically, through its activities, the association has promoted investment in Northern Australia, Europe, Korea, China, etc.

Sharing at the event, Mr. Nguyen Anh Tuan - Deputy Director of the Foreign Investment Agency (Ministry of Finance) highly appreciated VAFIE's efforts in recent years, especially in providing comments, building policies and promoting and building the investment environment in Vietnam to become an attractive destination for foreign investors.

In the context of Vietnam entering a new era, the 'era of national development', to successfully achieve the goal of becoming an upper-middle-income country by 2030 and a developed industrial country by 2045. The economy is demanding acceleration with a growth rate of at least 8% this year and double digits in the following years.

To achieve this goal, in addition to the contributions of the state-owned enterprise sector and small and medium-sized enterprises, the role of the foreign-invested enterprise sector is also extremely important.

Accordingly, in the coming period, Prof. Dr. Nguyen Mai said that VAFIA will focus on solutions, increase the attraction of high-quality FDI capital flows and effectively take advantage of the international integration process in attracting investment. This is considered one of the important factors and driving forces to turn the economic growth target of 8% or more into reality.

Also sharing about the strategy to attract FDI in the coming period, Mr. Nguyen Anh Tuan - Deputy Director of the Foreign Investment Agency said that the Ministry of Finance is researching to further improve the quality of FDI capital flows in the spirit of Resolution 50/NQ-TW of the Politburo on the orientation to perfect institutions and policies, improve the quality and effectiveness of foreign investment cooperation until 2030.

At the same time, strengthening the connection between the FDI sector and the domestic enterprise sector, to do that, Mr. Nguyen Anh Tuan hopes that VAFIE will be an 'extended arm', promoting its role as a bridge between the authorities and the foreign investor community.

Mr. Nguyen Anh Tuan - Deputy Director of the Foreign Investment Agency said that the Ministry of Finance spoke at the conference. Photo: Huy Nguyen

Directing FDI capital to key industries

According to Mr. Nguyen Anh Tuan - Deputy Director of the Foreign Investment Agency, in the context of the global economy and trade with many uncertain factors, a stable country like Vietnam is an attractive destination for FDI capital flows.

However, in the context of increasingly fierce competition among countries to attract FDI, to increase the attractiveness and efficiency of foreign capital flows, Vietnam needs to create new driving forces in attracting investment and economic growth.

Accordingly, the Ministry of Finance is researching, forming and developing financial service centers, researching and introducing controlled policies to promote new growth models, acting as growth drivers in the coming period and realizing the double-digit growth target in the 2026-2030 period.

Meanwhile, according to Prof. Dr. Nguyen Mai, in order to exploit FDI capital flows more effectively, in the coming time, the Association of Foreign Investment Enterprises will closely coordinate with the Foreign Investment Agency in selective investment promotion, focusing on key industries and areas that need to attract investment.

Specifically, priority will be given to attracting FDI into industries and sectors that are consistent with the country's socio-economic development strategy such as semiconductor industry, information technology, AI, big data, renewable energy, environmentally friendly projects, associated with technology transfer, having spillover effects and connecting with domestic enterprises... contributing to promoting the digital transformation process, green transformation, and applying the circular economic model of enterprises and industrial parks.

Resolution 50-NQ/TW of the Politburo clearly states: Proactively promote investment with goals, focus, and key points, continue to maintain traditional markets and partners, and expand new markets and partners. Diversify investment promotion activities and methods, focusing on on-site investment promotion with specific successful cooperation projects. Invest appropriately in promotion activities. Prioritize national, regional, and inter-sectoral investment promotion activities.

Nguyen Hoa

Source: https://congthuong.vn/xuc-tien-thu-hut-fdi-2025-huong-von-vao-nhung-nganh-trong-diem-384708.html