Resolution 10-NQ/TW: Vietnam’s New Strategy for High-Quality FDI and Economic Transformation – What it Means for Australian Investors
On 8 June 2026, the Politburo issued Resolution 10-NQ/TW on the development of the foreign-invested economic sector, setting out a new strategic direction for how Vietnam will attract, manage, and leverage foreign investment in the coming decades.
The resolution reflects Vietnam’s recognition that while FDI has played a critical role in the country’s economic development over the past four decades, future growth will depend not simply on the volume of incoming capital, but on the value it creates for the domestic economy.
After nearly 40 years of economic reform and international integration, the foreign-invested sector has become a key pillar of Vietnam’s economy. FDI has contributed significantly to capital mobilisation, industrial development, export expansion, workforce upskilling, and the country’s deeper participation in global value chains. However, policymakers have acknowledged that the overall quality, efficiency, and spillover effects of FDI have not yet fully matched Vietnam’s development ambitions.
Resolution 10 marks a clear transition from broad-based investment attraction to selective, high-quality investment targeting. Vietnam is now prioritising projects that bring advanced technology, research and development capabilities, innovation, digital transformation, and green growth. Greater emphasis is also being placed on projects that strengthen linkages between foreign-invested enterprises and domestic businesses, enabling stronger technology transfer and supply chain integration.
This policy shift comes amid intensifying global competition for strategic investment, particularly in high-tech manufacturing, semiconductors, clean energy, and digital infrastructure. As traditional tax incentives become less effective due to global minimum tax rules, Vietnam is expected to rely more on flexible support mechanisms, including infrastructure development, administrative reforms, talent development, and post-investment support to remain competitive.
A central objective of the resolution is to improve the overall investment environment. By 2030, Vietnam aims to rank among ASEAN’s leading economies in investment attractiveness, competitiveness, innovation capacity, public service quality, and readiness to absorb high-value investment projects.
The resolution also reinforces the importance of regulatory reform and governance coordination. It seeks to address fragmented policy implementation across provinces and promote a more unified national strategy for foreign investment management. This includes improving institutional quality, enhancing transparency, and streamlining administrative procedures to create a more predictable and business-friendly environment for investors.
Beyond economic targets, Resolution 10 aligns with Vietnam’s broader development agenda, including industrial upgrading, digital transformation, green transition, and greater economic resilience. The policy underscores Vietnam’s ambition to move beyond its traditional low-cost manufacturing model toward a more knowledge-driven and innovation-led economy.
For international investors, the resolution sends a strong signal: Vietnam remains highly open to foreign investment, but the focus is increasingly on strategic partnerships that generate sustainable, long-term value.
For Australian businesses operating in or considering expansion into Vietnam, this evolving policy landscape presents new opportunities in sectors such as advanced manufacturing, renewable energy, technology, financial services, education, and innovation-driven industries. Companies able to contribute expertise, technology transfer, and high-value services are likely to find stronger alignment with Vietnam’s future investment priorities.
As Vietnam refines its FDI strategy, Resolution 10 may prove to be a defining framework for the country’s next phase of economic transformation, one driven not only by capital inflows, but by innovation, sustainability, and higher-quality growth.