Strategy for foreign investment cooperation in the period of 2021 – 2030
The specific objective of the Strategy is to increase the proportion of registered investment capital of countries and territories in some regions in the total foreign investment capital of the country to more than 70% in the period of 2021 – 2025. and 75% in the period 2026 – 2030, including: (i) Asia: Korea, Japan, Singapore, China, Taiwan (China), Malaysia, Thailand, India, Indonesia, Philippines; (ii) Europe: France, Germany, Italy, Spain, Russia, Great Britain; and (iii) Americas: United States.
Increase by 50% the number of multinational corporations in the group of 500 largest corporations in the world ranked by Fortune Magazine (USA) having presence and operations in Vietnam.
By 2030, it will be in the group of 3 leading countries in ASEAN and the group of 60 leading countries in the world according to the World Bank’s business environment ranking.
The strategy proposes 9 solutions to improve the efficiency of foreign investment cooperation, including:
1- Effectively deploy the issued solutions.
2- Improve the business investment environment, improve the quality, efficiency and competitiveness of the economy.
3- Developing an ecosystem of science, technology and innovation.
4- Innovating and enhancing competition in attracting foreign investment.
5- Developing supporting industries, promoting linkage and spreading.
6- Promote internal capacity and take advantage of competitive advantages to improve the efficiency of foreign investment cooperation.
7- Improve the efficiency of international economic integration and Vietnam’s position in the international arena.
8- Modernize and diversify investment promotion.
9. Improve the effectiveness and efficiency of the state management of foreign investment.
In which, developing a strong domestic business sector, capable of international integration; maximum support for start-ups, innovative enterprises, small and medium-sized enterprises to enter into joint ventures and associations with the foreign investment sector, focusing on the fields of high technology, new technology, technology advanced technologies, key technologies of the 4th Industrial Revolution, modern services, manufacturing, information technology and financial services.
Promote and support domestic enterprises to enter into joint ventures and associations through capital contribution, share purchase and capital contribution of foreign-invested enterprises in industries and fields using high technology and new technology. , advanced, towards owning and mastering technology.
Orienting and supporting domestic enterprises to evaluate, select and receive technology transferred from foreign-invested enterprises, ensuring compatibility, synchronism and conformity with national technology development goals. in each stage.
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