Resolution 10-NQ/TW on foreign investment: 8 key policies

On June 8, 2026, the Political Bureau issued Resolution No. 10-NQ/TW on the development of the foreign-invested economy, setting out a comprehensive direction for reforming policies on attracting, managing and utilizing foreign investment in the new development phase. Below are eight key policies introduced under the Resolution.

1. Changing from input-based incentives to result-based support linked to the performance of commitments

One of the Resolution's notable policy changes is the new orientation of investment incentives for foreign investors.

According to Section I of the Resolution, making a strong shift from a mindset primarily focused on attracting capital to one of developing a national strategic investment platform; from attracting investment based on administrative boundaries to attracting by industrial cluster, value chain and innovation ecosystem; taking quality, efficiency, technology transfer, supply chain participation, value added and other criteria as the primary benchmarks; gradually transitioning from input-based incentives to result-based support linked to the performance of commitments, including full project lifecycle management and linkages with domestic enterprises.

Section III.1.2 further requires reforming incentive and investment support mechanisms, gradually transitioning from traditional incentives to results-based support mechanisms linked to project performance, and building ex-post monitoring mechanisms to recover incentives and support if commitments are not fulfilled.

Priority will be given to projects with voluntary commitments and good implementation of commitments on the use of advanced and environmentally friendly technologies, large contributions to innovation, R&D, training and employment of Vietnamese personnel, development of domestic suppliers, green transition, digital transformation, efficient land and resource use, and legal compliance.

2. Strategic technology projects to be subject to special investment procedures

Resolution 10-NQ/TW places strong emphasis on attracting strategic technology projects, high-tech projects, and investors capable of leading regional and global supply chains.

According to Section III.1.2, the Politburo requires forming a mechanism for selecting, supporting and managing strategic investors; identifying certain groups of priority strategic sectors and technologies for attraction in each phase, with an open list subject to regular review and updating for emerging technology, industry, and service sectors with comparative advantages, locational advantages and high spillover potential.

Notably, the Resolution provides for applying special investment procedures and incentive mechanisms for large-scale strategic technology projects with inter-regional impact, potential to lead regional and global supply chains, and high-tech projects with commitments to transfer technology to Vietnamese enterprises.

In addition, Section III.2 continues to prioritize projects and investors with foundational technologies and core technologies, committing to carry out research, design and innovation activities, forming innovation hubs, data centers, investing in energy storage facilities and commodity reserves for regional and international use, building regional headquarters, operations centers, treasury centers, procurement centers and shared services centers (SSCs) capable of connecting Vietnam with regional and global production networks, service networks and financial markets.

Resolution 10-NQ/TW on foreign investment: 8 key policies

3. Prioritizing investment attraction in semiconductors, artificial intelligence, and other high-tech sectors

Another highlight of the Resolution is the identification of priority sectors for attracting foreign investment in the coming period.

According to Section III.2, identifying certain core fields as priorities for foreign investment attraction, including: electronics, semiconductor chips and digital equipment industry; artificial intelligence (AI), big data, cloud computing, Internet of Things (IoT) and blockchain; advanced biotechnology and biomedical technology; energy technology and advanced materials, green industry; modern logistics, supply chain services, financial services, trade, innovation and high-value-added services.

The Resolution also requires regularly reviewing and updating priority fields for foreign investment attraction to ensure conformity with the practical situation of each development phase, international integration requirements, national defense and security and national interests.

At the same time, it calls for building superior and competitive incentive mechanisms linked to performance requirements; special and dedicated investment procedures; mechanisms for focused, fast and flexible resolution of difficulties and obstacles. These measures are expected to attract high-quality foreign investment projects, promote innovation and strengthen Vietnam's position in global value chains.

4. Minimizing work permit regulations for foreign experts

Another notable policy under Resolution 10-NQ/TW is the development of high-quality human resources to meet the needs of strategic industries and foreign-invested projects.

According to Section III.1.3, the Politburo requires developing a high-quality human resource development program linked to the needs of priority sectors and fields, industrial clusters, industrial parks, high-tech zones, and strategic projects; promoting linkages among the State, training institutions, domestic enterprises, and foreign investors.

The Resolution also requires providing mechanisms to support and encourage foreign-invested enterprises to employ, train, develop, upgrade, and progressively assign technical, management, research, design, and supply chain operations tasks to Vietnamese people.

Notably, the Resolution calls for completing policies for attracting talent, making good use of experts, scientists, entrepreneurs, founders, overseas Vietnamese, and highly qualified foreigners coming to work, research, innovate, start up businesses, and manage operations in Vietnam; facilitating residence, employment, living environment, public services, and connectivity with the innovation ecosystem.

In particular, the Resolution emphasizes reviewing and minimizing regulations on work permits for foreign experts, especially experts in high-tech fields and short-term experts.

5. Launching a national program for developing domestic suppliers

One of the key objectives of Resolution 10-NQ/TW is to strengthen linkages between the foreign-invested economy and domestic enterprises, thereby increasing the domestic content rate and enhancing Vietnamese enterprises' participation in global value chains.

This objective is also reflected in the 2030 target of striv[ing] to have approximately 10,000 domestic enterprises participating in the value chains and supply chains of foreign-invested enterprises, of which approximately 500-1,000 are Tier-1 suppliers.

To achieve this goal, Section III.3 requires building and implementing a national program for developing domestic suppliers; forming a national database, a platform connecting suppliers, industrial clusters and a long-term cooperation mechanism between foreign investors and domestic enterprises.

At the same time, the Resolution provides for supporting Vietnamese enterprises in improving governance, technology, standards, finance, traceability and capacity to participate in the value chains and supply chains of foreign-invested enterprises.

In addition, the Resolution encourages providing mechanisms to support Vietnamese enterprises in joint ventures, linkages, mergers and acquisitions, progressively increasing capital contribution ratios, purchasing shares, acquiring technologies and receiving technology transfer from foreign-invested enterprises in strategic technology sectors, and traditional-technology enterprises abroad, ensuring support mechanisms comply with international commitments.

6. Building a fully digitalized national investment single window

The Resolution identifies digital transformation in investment administration as a key solution to reducing compliance costs for investors while improving the effectiveness of state management.

According to Section III.5, the Politburo requires building and operating a national investment single window in a fully digitalized and data-linked manner between ministries, agencies, and local governments; implementing the "declare once, use many times" principle; improving the quality of services for investors and enterprises, and the quality of policy analysis, forecasting, and management.

Earlier, Section III.1.2 also requires radically reforming administrative procedures, business investment conditions, and inter-agency coordination; implementing investment governance on digital platforms, digital data, and artificial intelligence (AI); decentralizing and delegating authority in tandem with standardizing processes, ensuring openness, transparency and effective ex-post monitoring; linking the responsibility of lead agencies and their heads to the results and efficiency of attracting foreign investment.

Resolution 10-NQ/TW on foreign investment: 8 key policies

7. Piloting the development of crypto-asset exchanges

In addition to attracting foreign direct investment, Resolution 10-NQ/TW also introduces new orientations for improving mechanisms and policies relating to foreign portfolio investment and developing the capital market in a modern, transparent and internationally aligned manner.

According to Section III.6, the Politburo requires developing the medium- and long-term capital market in a transparent, modern, safe and sustainable direction, reducing reliance on short-term credit markets; comprehensively completing institutions for developing the securities market, bond market and intermediary institutions; urgently building and putting into operation international and regional financial centers; accelerating the roadmap for upgrading the securities market to MSCI emerging market status on the basis of substantive reform of market access, quality and diversity of transparent information supply, system safety and protection of legitimate rights and interests of investors.

Notably, the Resolution requires piloting under controlled conditions the development of crypto-asset exchanges.

The Resolution also calls for developing the investor base in the direction of diversifying types and groups of investors and improving market access for foreign investors, completing trading, settlement, clearing and custody infrastructure, risk management instruments and investor protection mechanisms; continuing to improve the quality of information disclosure, accounting standards, corporate governance and market oversight toward approaching international best practices.

At the same time, it emphasizes strengthening the monitoring of capital flows, foreign exchange, anti-money laundering and systemic risks to ensure the safe and sustainable development of Vietnam's capital market.

8. Implementing a set of criteria for assessing the efficiency of the foreign-invested economy

Besides reforming investment attraction policies, Resolution 10-NQ/TW also introduces a new approach to assessing the effectiveness of the foreign-invested economy. Accordingly, the assessment will no longer rely solely on registered investment capital or the number of projects, but will instead focus on criteria reflecting the quality and substantive contributions of foreign investment to the economy.

Specifically, Section III.5 requires implementing the Set of criteria for assessing the efficiency of the foreign-invested economy for both central and local governments.

Under the Resolution, taking quality, efficiency, technology, innovation, training of Vietnamese people, supplier development, state budget contributions, environmental protection, legal compliance and economic security as the primary criteria.

The Resolution also requires strengthening oversight of investor commitments; promptly handling violations, recovering incentives or applying appropriate measures in cases of failure to fulfill commitments, wasteful use of land, natural resources and energy, or adverse impacts on the environment, social order and safety.

The above are eight key policies introduced under Resolution No. 10-NQ/TW on foreign investment.

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