Hanoi (VNA) – The Ministry ofIndustry and Trade has announced it is preparing to review 30 years of foreigndirect investment (FDI) attraction in Vietnam.
The review will be based on a report on25-year FDI attraction and a similar survey for 2012-2017 collecting feedbackfrom ministries, agencies, localities, business associations and experts.
They offered insight into support industry,connectivity between domestic and foreign firms, technology, FDI attractioninto infrastructure and high-quality agriculture and services, taxes and incentivesand State management in FDI.
Since the Law on Foreign Investment waspromulgated in 1987, the foreign-invested sector has expanded and contributedto Vietnam’s development.
However, there have been violations of legalregulations on environment and tax, as well as transfer pricing, among others.
FDI inflow saw a 54.8 percent surge annuallyin the first half of this year to reach 19.22 billion USD, according to theministry’s Foreign Investment Agency
The figure included 11.83 billion USD pouredinto new projects.
Japan surpassed the Republic of Korea tobecome Vietnam’s leading source of FDI in the period, pumping 5.08 billion USDinto the country, 26.5 percent of total FDI. Investors from the RoK invested4.95 billion USD, or 25.8 percent, while those from Singapore poured 3.48billion USD, or 18.1 percent.
In the same period, FDI disbursementexperienced a year-on-year increase of 6.5 percent to 7.72 billion USD.
The foreign-invested sector accounted for 71percent of the country’s six-month export turnover. The sector also recorded atrade surplus of 10.22 billion USD in the period.
As of June 20, 2017, Vietnam is home to morethan 23,590 foreign-invested projects with total registered capital of 306.3billion USD.-VNA
Indexes for 2017 second quarter reflected Vietnam’s increasing dependence on foreign direct investment (FDI), said the Vietnam Institute for Economic and Policy Research (VEPR) in its recent report on the performance of the economy in the quarter.
FDI capital in Vietnam exceeded 19 billion USD in the first half of 2017, a 50 percent year-on-year increase and a new record in FDI attraction in the country.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Illustrative image (Source: VNA) 
