Vietnam's New Resolution Aims to Attract High-Quality Korean Investment

Vietnam has attracted over US$38 billion in registered foreign direct investment (FDI) in the first seven months of 2026, a nearly 58% year-on-year increase. More importantly, the increase was driven by large-scale, high-tech projects rather than a surge in the number of new investments, signalling a significant improvement in the quality of capital inflows. According to the Ministry of Construction, Vietnam has around 2,500 old apartment blocks and collective housing complexes built before 1994, covering about 3 million square metres of floor space, mainly in Hanoi and Ho Chi Minh City. Of these, around 196 have been classified as severely deteriorated and unsafe. Success will increasingly be measured by whether foreign investment brings technology, develops local talent, establishes research and development (R&D) capability, and integrates Vietnamese enterprises more deeply into global value chains, according to HSBC. The concept of a sleepless enterprise does not necessarily mean making employees stay on the job all the time. Instead, it's about building intelligent systems that can respond to customers, process transactions, monitor operations, analyse data and flag risks continuously. The head of the Vietnam Trade Office in Australia hoped that the visit by Party General Secretary and State President To Lam will mark a new milestone, opening the door for firms on both sides to forge stronger links and launch concrete cooperation agendas, helping hit that 20 billion USD trade goal sooner rather than later. After just three editions, UPITS has cemented itself as a go-to platform for trade and supply chain networking, pulling in firms, importers, distributors, retail chains, e-commerce players, investors and global buyers. As Southeast Asia's largest artificial irrigation reservoir, Dau Tieng covers about 270 sq.km and has a designed storage capacity of 1.58 billion cubic metres, playing a vital role in ensuring water security and boasting enormous potential for supporting sustainable economic development. Better known as one of Vietnam’s premier island destinations, Phu Quoc is leveraging its “One Commune, One Product” (OCOP) programme to transform traditional specialities into internationally recognised products, integrating local agriculture, food processing and tourism to promote sustainable economic growth. The index is designed to provide valuable information not only for State management agencies but also as an important reference for businesses, foreign investors, and industry associations in planning investment and business activities in Vietnam. A key feature of this year's event is the expanded public-private partnership model, with airlines, businesses and domestic and international organisations contributing resources for transportation, accommodation, destination surveys and professional activities. Flights will depart Incheon International Airport at 6:40 pm (RoK time) and arrive at Tan Son Nhat International Airport in Ho Chi Minh City at 11 pm (Vietnam time). Return flights will leave Ho Chi Minh City at 12:30 am on Mondays, Tuesdays, Thursdays, Fridays and Sundays, landing in Incheon at 7:40 am. The simultaneous development of the four wind power projects marks a new step in Ha Tinh’s clean energy strategy. Once operational, the complex is expected to handle approximately 274 million tonnes of cargo annually, generate about 12.57 billion USD in industrial output each year, and create some 267,400 jobs. The adjustment aims to create a more rational development framework to maximise the zone’s potential and advantages while providing a legal foundation for construction management and ensuring sustainable development. Vietnam’s wood sector has long been a top foreign-currency earner. Exports of wood and wooden products neared 17.3 billion USD in 2025, reaching more than 160 countries and territories and clearing the high bars set by the US, the European Union and Japan. The newly secured funding will be used to finance small and medium-sized enterprises (SMEs), women-led businesses, and projects in green transformation, energy transition, renewable energy, green transport, high-tech agriculture and financial inclusion. The campaign promotes selected European Union agricultural and food products, including fresh, chilled and frozen beef and pork, fresh apples, apple juice and dried apples, targeting consumers, importers, distributors, retailers and the hospitality sector. With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,736 VND/USD, and the floor rate 24,190 VND/USD. Durian exports reached nearly 1.1 billion USD in the first six months of 2026, up 32% year-on-year. The industry's strongest export season, however, is still ahead. Business representatives said mechanisation not only helps reduce reliance on manual labour but also improves production efficiency, shortens planting and harvesting times, reduces post-harvest losses and enhances the quality of agricultural products. For rice-producing countries like Vietnam, they noted, accelerating mechanisation is an inevitable trend to strengthen the competitiveness of the agricultural sector. With a long coastline and abundant inshore fishing grounds, Ha Tinh has long identified the marine economy as a key growth driver. However, growing fishing pressure and destructive practices have posed major management challenges. Community-led self-management initiatives are now providing an effective solution. The top 10 companies in this year's VIX50 are HDBank, VietinBank, LPBank, FPT Corporation, MBBank, Vinhomes JSC, VPBank, Vietcombank, Vietjet Air, and SHB. Assoc. Prof. Dr. Nguyen Huu Huan, Vice Chairman of the Executive Board of VIFC-HCMC, said the VIFC will focus on building market infrastructure needed to bridge the gap between big investment pledges and bankable projects. Copyright, VietnamPlus, Vietnam News Agency (VNA) Editor-in-chief, Mr. Tran Tien Duan.