Leading destinations for the flow of foreign direct investment (FDI) such as Ho Chi Minh City, Dong Nai, Binh Duong and Ba Ria-Vung Tau provinces, have been shifting their focus to investment quality after 30 years attracting foreign capital.
The localities now give priority to high-tech projects and those creating high added value without causing environmental pollution.
As the locomotive of the national economy and the core of the southern key economic zone, Ho Chi Minh City is moving towards a dynamic economic structure with greater proportion of high added-value and environmentally-friendly industries.
According to the municipal People’s Committee, the city has set the goal that the FDI sector contributes around VND575.4 trillion, or 20.1% of total social investment in the city during 2018-2020. The city will work to attract FDI into all aspects, thus creating momentum for sustainable and multi-faceted development.
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| Leading destinations for the flow of foreign direct investment (FDI) such as Ho Chi Minh City, Dong Nai, Binh Duong and Ba Ria-Vung Tau provinces, have been shifting their focus to investment quality after 30 years attracting foreign capital |
Standing Vice Chairman of the municipal People’s Committee Le Thanh Liem said in the context of the fourth industrial revolution, Ho Chi Minh City will strive to give intention to FDI projects creating jobs for the “smart” workforce.
For the southern coastal province of Ba Ria-Vung Tau, FDI will continue to play an important role in the restructuring of the local economy.The provincial administration has affirmed the policy of selective investment attraction, with priority given to large-scale projects using modern technology, producing products with high added-value, consuming less energy and causing less environmental pollution. Ba Ria-Vung Tau hopes to woo 80 new FDI projects with total capital of US$4 billion from now to 2020.
Meanwhile, the southern province of Binh Duong set the goal of attracting at least US$7 billion of FDI during 2016-2020. In its FDI attraction strategy, the province gives attention to high-quality services and environmentally-friendly industries with high value, while phasing out investment in labour-intensive industries.
The southern province of Dong Nai is orienting the FDI inflow to the support industry, which has so far been a bottleneck in industrial development in the locality. Besides big corporations, the province also encourages small- and medium-sized enterprises to invest in the support industry.
In order to improve the FDI inflow, Deputy Director of the Foreign Investment Agency Dang Xuan Quang advised localities to complete specialised development plans for each socio-economic aspect such as land use, specific industrial sector, and urban areas.
Attention should be paid to the connection among road, waterway and aviation networks and industrial parks, thus creating favourable conditions for enterprises to cut production costs and enhance competitiveness, he said.
Prof. Vo Thanh Thu, senior lecturer at the Ho Chi Minh City Economics University, said each city and province should consider their local development plans in the context of regional plans and increase linkages with other localities in the region.
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The State Bank of Vietnam set the daily reference exchange rate at 25,624 VND/USD on October1, down 3 VND from the previous day.
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Experts from the Institute of Vietnam and World Economy under the Vietnam Academy of Social Sciences noted the quality of recent growth as the high growth rate has been recorded against an increasingly higher comparative base.
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From policy and infrastructure to industrial real estate, Vietnam’s FDI advantages are broadening towards a more integrated production ecosystem, offering investors a stronger combination of conditions for high-value, technology-intensive and long-term projects.
As trade expands, systemic bottlenecks across transport networks, warehousing, ports, border gates, and industrial zones are becoming more apparent. Experts emphasise the need to shift from a fragmented, project-by-project approach toward strategic management structured around trade corridors and integrated supply chains.
The company will buy non-performing loans from credit institutions and foreign bank branches, recover and dispose of debts and collateral, restructure loans and support lenders in resolving bad debts.
Do Ngoc Hung, Trade Counsellor and head of the Vietnam Trade Office in the US, said what stands out is not only the growth in trade volume but also the increasingly deep economic ties between the two countries.
According to the Ministry of Finance, State budget revenue in the first eight months of 2026 was estimated at 2.02 quadrillion VND (77.7 billion USD), equivalent to 80% of the annual estimate and up 16% year-on-year. Domestic revenue reached 1.75 quadrillion VND, accounting for 86.6% of total revenue and rising 16.6%.
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