MINISTRIES, LOCALITIES URGED TO ROLL OUT MEASURES TO INCREASE FOREIGN INVESTMENT

Deputy Prime Minister Trần Lưu Quang has asked ministries, sectors and localities to promptly implement solutions to strengthen foreign investment attraction, according to a document released by the Government Office.

According to the document, the solutions have been clarified in Decision 667/QĐ-TTg issued by the Government on June 2, 2022 approving the foreign investment cooperation in the 2021-30 period, and Decision 308/QĐ-TTg approving an action plan to realise the strategy.

Deputy PM Quang ordered the Ministry of Planning and Investment (MPI) to co-ordinate with localities to strengthen State management over investment, and strengthen post-investment support to minimise and prevent conflicts with foreign investors.

The MPI was requested to assist localities in policy consultations and preparations to receive foreign investment inflows on the win-win spirit, while popularising Việt Nam's readiness to welcome new-generation investment as well as the country's advantages and potential.

It was necessary to complete non-tariff policies for high technology projects when the global minimum tax is applied, asked the Deputy PM.

He urged the Ministry of Finance to work with other ministries and sectors to assess the impacts of the global minimum tax regulations and give advice to the Government and National Assembly on the issuance of effective policies with a suitable roadmap to minimise negative impacts and efficiently adapt to the regulations, while adjusting Việt Nam's investment incentive framework to suit the new context and improve competitiveness in foreign investment attraction.

The Deputy PM assigned the Ministry of Industry and Trade to speed up the issuance and implementation of policies to ensure that the capacity of the domestic supporting industries meets the development requirements, so that Vietnamese firms could engage in the supply chain of FDI businesses. The ministry should promote the implementation of power projects following the 8th National Power Development Plan to deal with the power shortage in some localities, he asked.

The Deputy PM also assigned specific tasks to particular ministries and sectors to strengthen investment attraction.

Particularly, he asked the People’s Committees of centrally-run cities and provinces to strengthen their capacity and reform the administrative procedures to better serve the people and enterprises.

They should provide the best conditions to foreign investors in terms of administrative procedures, land stocks, infrastructure, and labourers, he added.

Source: VNS

Related News

BANKING / FINANCE / INSURANCE / TAX

REMITTANCES TO HCM CITY RISE NEARLY 40% IN Q3

Remittances to HCM City reached more than US$2.83 billion in the third quarter of this year, up 39.5 per cent from the previous quarter and 3.6 per cent year-on-year. This was the first quarter showing positive annual growth this year, helping narrow the decline in remittance inflows over the first nine months. According to the State Bank of Vietnam (SBV)’s Regional Branch 2, remittances transferred to HCM City through credit institutions and economic organisations totalled $2.835 billion in Q3, an increase of more than $802 million from the previous quarter.

Oct 21, 2026

TECHNOLOGY

TECH SECTOR GROWTH OPENS UP OPPORTUNITIES FOR VIỆT NAM TO GO GLOBAL

The growth of the electronics, semiconductor and high-tech sectors worldwide is opening up a variety of opportunities for Vietnamese enterprises to integrate more deeply into the global supply chain. However, to become suppliers for these corporations, domestic enterprises must meet rigorous standards regarding quality, technology, productivity and order fulfilment capabilities.

Oct 21, 2026

VIETNAM ECONOMY INVESTMENT

FOREIGN INVESTORS SEEKING A SYNCHRONISED MANUFACTURING ECOSYSTEM

Instead of focusing only on land costs and incentives as usual, foreign investors are seeking a synchronised manufacturing ecosystem, from stable power supply and logistics to shared infrastructure and the convenience of completing residence procedures for experts to serve their long-term investment in the country.

Oct 21, 2026

MEMBER CORNER / PROMOTIONS

SENTRYSAFE FHW40200 – PROTECT YOUR VALUABLES, ENJOY PEACE OF MIND!

Looking for a reliable solution to protect your important documents, cash, and valuables from fire and water damage? Genuine SENTRYSAFE - Reliable protection for your valuables and peace of mind! Contact Sen Wai Vietnam for more information and personalized product recommendations.

Oct 21, 2026

PROPERTY / INDUSTRIAL ZONE

HCM CITY ATTRACTS US$5.7 BILLION INTO EXPORT PROCESSING AND INDUSTRIAL ZONES

HCM City attracted US$5.7 billion in domestic and foreign investment into its export processing and industrial zones during the first nine months of 2026. The figure exceeded the city's full-year target by 31 per cent, highlighting strong momentum in high-quality industrial investment under Resolution No.10-NQ/TW. Total investment reached 131 per cent of the 2026 target of $4.25 billion and represented a 29 per cent increase compared with the same period in 2025, according to the city's Export Processing and Industrial Zones Authority (HEPZA).

Oct 21, 2026

INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT

DONG THAP PROVINCE STEPS UP INDUSTRIAL EXPANSION AND INFRASTRUCTURE CONNECTIVITY

Accelerating public investment, strengthening inter-regional connectivity, and expanding industrial land are helping Dong Thap efficiently bolster competitiveness and drive economic growth. Following the 2025 merger of the former Dong Thap and Tien Giang provinces, the expanded Dong Thap province in the Mekong Delta faces mounting pressure to accelerate infrastructure development and strengthen connectivity among local economic zones, urban areas, industrial parks (IPs), and production centres.

Oct 21, 2026