Implementation Plan for the Resolution on Economic Development with Foreign Investment

The objective of the Plan is to institutionalize and fully, comprehensively, and consistently implement the principles, objectives, tasks, and solutions set forth in Resolution No. 10-NQ/TW dated June 8, 2026, of the Politburo on the development of the economy with foreign investment (hereinafter referred to as Resolution No. 10-NQ/TW).

At the same time, it clearly defines specific tasks to serve as a basis for ministries, sectors, and localities to develop action plans, organize implementation, inspect, monitor, and evaluate the implementation of the Resolution, ensuring the realization of the goal of an effective and sustainable development of the foreign-invested economic sector, positioning Vietnam as a competitive destination for attracting high-quality medium- and long-term foreign capital for development investment, thereby creating a key driver for successfully achieving the country’s development goals by 2030 and 2045.

To achieve the objectives set forth in Resolution No. 10-NQ/TW, in the coming period, in addition to routine tasks, ministries, sectors, and localities must specify and vigorously organize the implementation of the following tasks:

Innovate thinking and unify understanding regarding the position and role of the foreign-invested economy; improve the institutional framework and enhance the investment and business environment; develop a high-quality workforce; and attract and effectively utilize talent.

In addition, upgrade and improve infrastructure to support the attraction of strategic investment; innovate the approach to attracting foreign investment by industry, sector, and region; promote the green economy, the digital economy, and technology transfer; and enhance spillover effects and linkages with the domestic economy; innovate and enhance the effectiveness of investment promotion efforts; improve the effectiveness of state management; and refine mechanisms and policies related to foreign indirect investment.

Fully leverage digital transformation to minimize the time required for administrative procedures

Regarding institutional reform and improving the investment and business environment, the Government requires ministries, sectors, and localities to review legal documents within their respective sectors, fields, and jurisdictions (particularly in the areas of investment, business, land, planning, construction, taxation, customs, trade, competition, foreign exchange, securities, intellectual property, data, labor, science, technology, and innovation, etc.) to promptly identify overlapping or inappropriate regulations and unnecessary business conditions.

In addition, proactively amend or propose to the competent authorities amendments to sector-specific regulations to expand market access for foreign investors according to an appropriate roadmap based on a comprehensive, comprehensive assessment of impacts, ensuring openness, transparency, consistent application, and non-discrimination among investors.

Fully leverage digital transformation to minimize the time required for administrative procedures, compliance costs, and business conditions; implement inter-agency coordination; manage investment through digital platforms, digital data, and artificial intelligence; decentralize and delegate authority while standardizing procedures, ensuring openness and transparency, and conducting effective ex-post audits.

Integrate the Program and Action Plan for the Development of the Economy with Foreign Investment into the annual and five-year economic and social development programs and plans of ministries, agencies, and localities; proactively allocate and integrate funding or request the competent authorities to allocate funds to implement related activities.

Develop and enforce fair and transparent policies and laws based on market mechanisms for the exploitation and use of national resources; do not apply legal provisions retroactively to the detriment of businesses, except in cases involving national defense, national security, public order, social safety, social ethics, public health, or environmental protection.

In addition, coordinate among state management agencies in inspections, audits, and investigations; avoid overlap and duplication. Strengthen oversight of investors’ compliance with their commitments; promptly address violations, revoke incentives, or apply appropriate measures in cases of failure to fulfill commitments, wasteful use of land, resources, or energy, or adverse impacts on the environment, public order, and social safety.

The Ministry of Finance shall establish a post-implementation review mechanism and conduct periodic evaluations of the fulfillment of investment commitments; revoke incentives and support if commitments are not fulfilled; prioritize projects that commit to using advanced, environmentally friendly technologies, make significant contributions to innovation, research and development, the training and employment of Vietnamese workers, the development of domestic suppliers, green transition, digital transformation, efficient use of land, natural resources, and energy, and compliance with the law.

At the same time, review and publish a list of industries and sectors with restricted market access for foreign investors, with a view to relaxing foreign ownership limits in certain industries and sectors that require priority investment attraction; study and propose retaining only those industries and occupations that truly require restrictions for reasons of national defense, national security, public order, and social safety.

Enact a mechanism allowing the use of local budgets to support foreign-invested enterprises in training their workforce

Regarding the development of high-quality human resources and the attraction and utilization of talent, the Government instructs the Ministry of Finance to study the matter and report to the competent authorities to issue policies and mechanisms allowing localities to use local budgets to subsidize the costs incurred by foreign-invested enterprises in training workers at the enterprises’ training facilities both domestically and abroad.

The Ministry of Education and Training shall intensify the implementation of Decision No. 1002/QĐ-TTg dated May 24, 2025, issued by the Prime Minister, approving the Project on Training Human Resources to Support High-Tech Development for the period 2025 – 2035 and the 2045 Vision, aligned with the needs of priority sectors and fields, industry clusters, industrial zones, high-tech zones, and strategic projects.

In addition, review and report to the competent authorities to improve legal regulations in the fields of vocational education, higher education, continuing education, retraining, and skills enhancement for workers; prioritizing technology, engineering, data science, automation, production management, logistics, finance, and essential green and digital skills.

At the same time, coordinate with local authorities to review and report to the competent authorities on the proposal to reorganize public vocational education institutions to establish key schools for training highly skilled workers in key economic regions, thereby meeting the requirements for attracting a new generation of foreign investment.

Develop flexible and preferential policy mechanisms for core projects

Regarding the reform of the approach to attracting foreign investment by industry and sector, the Resolution clearly states:The Ministry of Finance shall study and report to the competent authorities on the development of preferential policy mechanisms, exceptional support measures, and special, flexible investment procedures for priority core projects aimed at attracting foreign investment, linked to the fulfillment of commitments regarding technology transfer, research and development, workforce training, domestic value addition, the development of domestic suppliers, green transition, and digital transformation; and determine criteria, selection processes, monitoring mechanisms, and support measures for strategic investment projects appropriate to each stage of development.

Localities shall develop a list of priority investment projects aligned with their potential, comparative advantages, and regional and local development orientations; establish a roadmap for attracting foreign investment, integrate them into the local annual and five-year socioeconomic development plans, prioritize attracting high-quality projects capable of creating spillover effects and fostering connections with local businesses within their jurisdiction, and develop industry clusters and industrial-service ecosystems./.