Vietnam Sets Digital Tech Development Targets by 2030, Focuses on Foreign Investment

Vietnam has set concrete targets to accelerate development in the digital technology sector by 2030, with a strong emphasis on attracting high-quality foreign investment to enhance its investment climate, competitiveness, and innovation capacity within the ASEAN region. According to Resolution No. 10-NQ/TW, issued by the Politburo on June 8, 2026, Vietnam aims to attract between $200 billion and $300 billion in registered foreign investment (FDI) during the 2026-2030 period. Approximately 75% of this capital is expected to come from developed economies possessing strong technological capabilities, substantial financial resources, and modern governance practices. The resolution targets positioning Vietnam among the leading countries in ASEAN by 2030 in terms of investment climate, competitiveness, innovation, public service quality, and its capacity to attract high-quality FDI projects. Looking further ahead, the foreign-invested sector is projected to contribute 30% of the country's GDP by 2045. Vietnam's economy demonstrated robust growth in the first half of 2026, with total trade turnover reaching $549.69 billion, an increase of 27.1% year-on-year. FDI attracted during the same period amounted to $34.65 billion, a 61% rise from the previous year, with disbursements hitting their highest level in five years. This indicates Vietnam's success in gaining international confidence and actively leveraging foreign capital as a driver of economic growth. Under Vietnam's one-party system, such national development goals are strongly driven through Politburo resolutions. As economic growth is directly linked to improving the lives of its citizens, the government is committed to refining its investment environment through various means. Investment in the digital technology sector, in particular, is recognized as a crucial element that will determine future economic competitiveness.