This morning, an EuroCham delegation led by our Vice-Chairs Rita Mokbel and Minh Nguyen attended the national conference to disseminate and implement Resolution No. 10-NQ/TW (dated 8 June 2026) on the development of the foreign-invested economic sector.
Hosted by the Politburo, the conference welcomed senior leaders, including General Secretary and President To Lam, Prime Minister Le Minh Hung, National Assembly Chairman Tran Thanh Man, Standing Secretary of the Secretariat Tran Cam Tu, Chairman of the Central Committee of the Vietnam Fatherland Front Bui Thi Minh Hoai, alongside senior Party and Government leaders.
Foreign-invested economic sector as an integral part of the national economy
Presenting the Resolution, Standing Deputy Prime Minister Pham Gia Tuc highlighted a strategic shift: from simply attracting foreign investment to developing the foreign-invested economic sector as an integral part of the national economy, alongside the domestic sector. The Resolution outlines six key policy transformations:
- From investment attraction to comprehensive development of the foreign-invested economic sector, encompassing FDI, portfolio investment, capital markets, and international financial institutions.
- From prioritising investment volume to investment quality, with a focus on advanced technologies, innovation, productivity, competitiveness, and spillover effects.
- From input-based to performance-based incentives, linked to technology transfer, R&D, workforce development, domestic linkages, and green, sustainable growth.
- From attracting FDI alone to building a comprehensive ecosystem for international capital, integrating financial markets, international financial centres, and new development models such as free trade and special economic zones.
- From investment administration to an enabling governance model, centred on institutional reform, infrastructure, human capital, and innovation.
- From competition among localities to nationally coordinated development, strengthening regional connectivity and linkages between foreign-invested and domestic enterprises.
Vietnam’s eight priorities to develop foreign-invested sector
In his directive address, General Secretary and President To Lam also called on ministries, sectors, and local authorities to focus on 08 priority tasks:
- Fostering a renewed mindset on foreign investment;
- Building a stable, transparent, and predictable institutional framework aligned with international practices;
- Shifting from input-based incentives to outcome-based support;
- Strengthening domestic industrial ecosystems and linkages between FDI and Vietnamese enterprises;
- Developing high-quality human resources;
- Investing in strategic and next-generation infrastructure;
- Fundamentally reforming investment promotion;
- Developing a modern capital market to attract stable, long-term portfolio investment.
The General Secretary and President also expressed his sincere appreciation to international investors for considering Vietnam their second home and for their practical recommendations to support the country’s development. He reaffirmed Vietnam’s commitment for mutual development, with harmonised interests and shared benefits, while ensuring the most favourable environment for foreign investors.
What this means for the European business community
Beyond investment numbers, Vietnam has recognised the foreign-invested sector as an integral part of the national economy. As concrete actions are being taken by authorities at both the national and local levels to enhance framework transparency and develop human resources, infrastructures, and beyond, Vietnam is increasingly ready for high-quality investment. Vietnam is signalling that future investment will be measured not only by capital inflows, but also by the long-term value investors bring through innovation, technology, sustainability, and partnership. This is an important input for European investors refining their strategy in Vietnam.
EuroCham is honoured to be invited to hear first-hand from country leaders about Resolution No. 10-NQ/TW and about the accompanying national strategies. We are committed to continue bridging the Vietnamese government with our dynamic European business community, via two-way knowledge exchange, dialogue, and advocacy efforts.
Our special thanks to EuroCham representatives for their contributions:
- Ms. Rita Mokbel, Vice-Chair, EuroCham
- Mr. Minh Nguyen, Vice-Chair, EuroCham
- Mr. Dinh Nguyen, Board Member, EuroCham
- Ms. Van Nguyen, Head of Hanoi Office and External Relations, EuroCham
- Ms. Loan Pham, CEO, BNP Paribas
- Mr. Wietse Mutters, Managing Director, Heineken Vietnam
- Mr. Thien Pham, Senior Director, Corporate & Government Affairs, DKSH
- Mr. Dang Nguyen Ngu, Managing Director, Schneider Electric Vietnam and Cambodia
- Mr. James Alexande, Country Division Head, Pharmaceuticals & Vice General Director at Bayer Vietnam
