The Vietnam Business Forum (VBF) warmly congratulates Vietnam on the adoption of Resolution No. 10-NQ/TW of the Politburo on the development of the foreign-invested economic sector—a landmark Resolution that demonstrates Vietnam’s strong commitment to building an increasingly transparent, competitive, innovative, and sustainable investment environment.
On 30 June, VBF was honoured to participate in the National Conference on the implementation of Resolution No. 10, organized by the Politburo with the participation of General Secretary cum President Tô Lâm, Prime Minister Lê Minh Hưng, Standing Deputy Prime Minister Phạm Gia Túc, senior Party and Government leaders, provincial authorities, and representatives of domestic and international businesses.
As a trusted platform for public-private dialogue for more than 25 years, VBF member and its’ active working group’s participants were invited to speak at the Conference.
Mr. Takuya Sahashi, Vice President of Mitsubishi Corporation Vietnam, member of JCCI, reaffirmed the long-term confidence of Japanese investors in Vietnam. He emphasized that Vietnam’s greatest competitive advantage lies in its openness to dialogue and continuous reform, while encouraging the Government to maintain a stable, transparent and predictable investment environment that enables businesses to invest with confidence and contribute to Vietnam’s long-term development. Mr. Dominic Scriven, Founder and Chairman of Dragon Capital, VBF Capital Markets WG Head, described Resolution No. 10 as “a historic milestone”, noting that it is the first Party Resolution to explicitly recognize the foreign-invested economic sector as “an inseparable part of Vietnam’s economy.” He welcomed the Resolution’s forward-looking vision and highlighted that deepening Vietnam’s capital markets, accelerating its path toward emerging market status, improving market infrastructure, facilitating long-term investment, and strengthening international financial connectivity will be essential to realizing the Resolution’s ambitions. Mr. Michael Kokalari, Chief Economist at VinaCapital, VBF Capital Markets WG participant, highlighted that Resolution No. 10 strengthens Vietnam’s position as an increasingly attractive destination for global investors. He emphasized the importance of continued improvements in infrastructure development, institutional reform, and regulatory efficiency to support long-term capital inflows. He also noted that strengthening linkages between foreign-invested enterprises and domestic companies will be essential to enhancing productivity and reinforcing Vietnam’s competitiveness in the global economy.The VBF was particularly encouraged that the key messages and recommendations shared by the foreign-invested business community received recognition at the highest level. In his keynote address, General Secretary cum President Tô Lâm acknowledged the constructive contributions made by FDI enterprises and business associations during the development of Resolution No. 10, affirming that these recommendations had provided valuable practical insights for shaping the Resolution and its implementation.
Delivering the Conference’s closing message, the General Secretary articulated a powerful vision for Vietnam’s next chapter of FDI development:
“The issue is no longer how to attract more foreign investment, but how to effectively leverage international resources to strengthen internal capacity, enhance technological capability, improve competitiveness, and build an independent and self-reliant economy.
He stressed that the next generation of FDI should bring not only capital, but also advanced technologies, innovation, modern management, high-quality human resources, and stronger linkages with domestic enterprises—creating sustainable value for Vietnam’s economy and its people.
We congratulate Vietnam on this historic milestone and look forward to continuing our close collaboration with the Government and our partners in supporting the successful implementation of Resolution No. 10—helping build a more competitive, innovative, resilient, and prosperous Vietnam.
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