Action plan approved to implement foreign investment cooperation strategy
Deputy Prime Minister Tran Luu Quang has freshly signed a decision to approve an action plan for implementing the 2021-2030 national foreign investment cooperation strategy.
At the Japanese-funded NMS Vietnam Co., Ltd. (Photo: VNA)
Hanoi (VNA) – Deputy Prime Minister Tran Luu Quanghas freshly signed a decision to approve an action plan for implementing the 2021-2030national foreign investment cooperation strategy.
As per the plan, the Ministry of Planning and Investment (MoPI)is assigned to submit to competent authorities a draft revised law on biddingwithin the 2022-2023 period; and the Ministry of Finance a governmental decree amendingand supplementing Decree 08/2015/ND-CP concerning the implementation of the customs law in2023.
The Ministry of Industry and Trade, meanwhile, isresponsible for drafting the Prime Minister's Decision on building a supportingindustry development programme for 2026-2030, which should be submitted to authorised agencies by 2025.
Reports by agencies and localities involved on theimplementation of the strategy are set to be sent to the MoPI before October 30annually.
The decade-long strategy aims to raise the proportion ofregistered foreign investment flows from certain countries and territories toover 70% in the 2021 - 2025 period and 75% in 2026 - 2030. The certain countries and territories comprise those from Asia, Europe and the US.
It also targets toincrease the number of multinationals listed in Fortune Global 500 doingbusiness in Vietnam by 50 percent by 2030./.
General Secretary of the Communist Party of Vietnam Central Committee Nguyen Phu Trong has signed a resolution on orientations to perfect institutions and policies to enhance the quality and efficiency of foreign investment cooperation through 2030.
Party General Secretary Nguyen Phu Trong has signed for issuing Resolution 50-NQ/TW on directions for improving institutions and policies to enhance the quality and effectiveness of foreign investment cooperation to 2030.
Vietnam aims to raise the proportion of registered foreign investment flows from certain countries and territories to over 70 percent in the 2021 - 2025 period and 75 percent in 2026 - 2030.
Vietnamese Ambassador to the US Nguyen Quoc Dung reviewed key milestones in the bilateral relationship, underscoring the essential and sustained contribution by businesses from both countries, from the time before the normalisation of bilateral ties in 1995 until today, when the two sides are comprehensive stategic partners of each other.
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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.
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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.
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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.
At the Japanese-funded NMS Vietnam Co., Ltd. (Photo: VNA) 
