THE SOCIALIST REPUBLIC OF VIET NAM
Government News
FDI sector contributes over 20% of Viet Nam’s GDP
VGP - The foreign direct investment (FDI) sector currently contributes more than 20 percent of Viet Nam’s GDP, accounts for around 70 percent of the nation’s total export turnover, and creates jobs for millions of workers, noted Deputy Prime Minister Nguyen Van Thang.
Deputy Prime Minister Nguyen Van Thang addresses the Viet Nam Connect Forum 2026, Ha Noi, May 13, 2026 - Photo: VGP
Nguyen made the above statement while addressing the Viet Nam Connect Forum 2026 which took place in Ha Noi on May 13.
The event, themed "Building integrated partnerships between foreign-invested and domestic sectors for breakthrough growth in the new era", saw the participation of representatives of more than 300 leaders from FDI corporations and enterprises, industry associations and domestic business conglomerates.
To date, Viet Nam has more than 46,500 valid FDI projects with total registered capital exceeding US$543 billion. Cumulative realized capital has reached approximately US$357.6 billion.
Amid declining global FDI flows in many regions, Viet Nam continues to maintain its position among ASEAN's leading destinations for FDI, highlighted Nguyen.
According to the Deputy Prime Minister, it reflects the confidence of the international business community in Viet Nam's development prospects, political and social stability, and investment and business environment.
Nguyen said, in the time ahead, Viet Nam will continue promoting institutional reform and improving the investment and business environment.
The nation prioritizes attracting projects in the fields of semiconductors, electronics, artificial intelligence, data, biotechnology, pharmaceuticals, clean energy, new materials, modern logistics, financial services, innovation, and strategic technology industries, he noted.
Viet Nam will focus on developing domestic enterprises and supporting industries so that Vietnamese businesses can participate more deeply in global value chains as well as building strategic infrastructure and a high-quality workforce to support the attraction of next-generation FDI.
Next-generation FDI should not come to Viet Nam solely for manufacturing or market exploitation, but should work together with the country to create new value, new capabilities, and a new position in global value chains, told the official.
Viet Nam will create the most favorable conditions for investors to operate lawfully, efficiently, and sustainably in the country, while also taking firm action against transfer pricing, trade fraud, environmental violations, the use of outdated technologies, and intellectual property infringements, reiterated Nguyen./.