This FDI Qualities Review of Viet Nam examines how foreign direct investment (FDI) can power Viet Nam’s next growth phase by boosting technology adoption, digital transformation, workforce skills, quality jobs, opportunities for women and the transition to a greener economy. FDI is a cornerstone of Viet Nam’s economic transformation, helping expand exports, build industries and create jobs. As the country enters a new stage of development, maintaining strong growth will depend less on the volume of investment and more on its quality – how much it increases productivity, transfers knowledge, supports Vietnamese firms and benefits workers. The report reviews how current investment policies work in practice, how different government agencies co‑ordinate and how progress is tracked. It identifies reforms to attract investors that innovate, train local workers and partner with domestic suppliers – helping Vietnamese businesses move up the value chain and ensuring that investment delivers broader benefits across the economy.
The FDI Qualities Review of Viet Nam is part of the broader OECD – Viet Nam Action Plan 2022-2027. The work has been carried out in close partnership with the Foreign Investment Agency of the Ministry of Finance and supported by an interministerial working group to ensure a whole‑of-government approach. The Review was discussed in the OECD Investment Committee on 6 November 2025 in presence of a high-level delegation from the Foreign Investment Agency. The report reflects insights from extensive stakeholder consultations involving government officials, foreign government representatives, development partners, the private sector, civil society organisations, and think tanks.
The review was prepared by a team led by Fares Al-Hussami and comprising Rania Ampntel Chafiz, Stratos Kamenis, Kerstin Schopohl, Ana Laura Sobalbarro, Ieva Laila Kalnina and Adam Elsheikhi of the OECD FDI Qualities and Impact team, Sustainable Investment Unit, Investment Division, Directorate for Financial and Enterprise Affairs. Ana Novik and Martin Wermelinger, Head and Deputy Head of Investment Division, provided overall guidance. Sofia Vaca Angulo, Nunzia Francesca Saporito and Clemente Rojas Giacobbe provided inputs. Iris Mantovani, Letizia Montinari, Angela Attrey, Benjamin Denis, and Liv Gudmundson provided comments. Lucinda Pearson prepared the review for publication.
This review benefited from the financial support of Australia, Japan, the Netherlands, Switzerland, and the Hinrich Foundation.