Vietnam to Strengthen FDI-Domestic Firm Linkages Amid Growth Strategy Shift
Business

Vietnam to Strengthen FDI-Domestic Firm Linkages Amid Growth Strategy Shift

Vietnam's Communist Party Politburo has outlined a new FDI policy, shifting focus from mere attraction to strengthening linkages with domestic industries. The goal is to deepen participation in global value chains and enhance competitiveness in Asia, marking a significant step towards qualitative economic transformation.

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  • Vietnam Renews Commitment to Foreign-Invested Economic Development, Strengthening FDI-Domestic Firm Linkages

    Vietnam's Communist Party Central Committee has adopted a key resolution on economic development leveraging foreign direct investment (FDI). A national conference, attended by the General Secretary and President, emphasized strengthening linkages between FDI and domestic enterprises, and qualitative growth through industrial restructuring. This signals Vietnam's intent to enhance its competitiveness in the global economy and pursue sustainable growth.