Beyond FDI, Vietnam leverages foreign resources to build up domestic capacity

Beyond FDI, Vietnam leverages foreign resources to build up domestic capacity

Nearly 40 years after opening its economy to tap international resources for national development, Vietnam is shifting its focus from simply attracting more foreign investment to using it more effectively to strengthen domestic capacity, enhance competitiveness and bolster economic self-reliance, the central message of the Politburo’s Resolution No.10-NQ/TW.

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Vietnam to pursue energy transition on suitable roadmap for sustainable growth: Deputy PM

Vietnam will pursue its energy transition through an appropriate roadmap that ensures efficiency, sustainability and energy security, Deputy Prime Minister Nguyen Van Thang said at the World Energy and Environment Forum–Vietnam 2026 in Hanoi on July 8.

Red River Delta drives H1 growth, with five localities in top nine


Five out of the nine cities and provinces posting the highest gross regional domestic product (GRDP) growth rates nationwide are in the Red River Delta, according to the first-half socio-economic report released by the Ministry of Finance.
Deputy defense minister works at Vinacomin Motor Industry Joint Stock Company

PANO - On July 7, Senior Lieutenant General Pham Hoai Nam, Deputy Defense Minister, visited the Vinacomin Motor Industry Joint Stock Company under the Vietnam National Coal - Mineral Industries Holding Corporation.

Viettel opens real-world data to participants in Viettel AI Race 2026


PANO - The Military Industry-Telecoms Group (Viettel) officially launched Viettel AI Race 2026, a nationwide competition for the artificial intelligence (AI) community, on July 2.
Vietnamese firms seek deeper access to U.K. supply chains

The Vietnam Promotion Week in the U.K. 2026 opened in London on July 8, bringing together businesses from both countries to expand cooperation in key sectors including textiles, consumer goods and furniture, while helping Vietnamese products gain deeper access to British supply chains.

Quang Ngai seeks stronger French partnership for green growth


The central province of Quang Ngai has called for deeper cooperation with the French Development Agency (AFD) in renewable energy, green industry and green finance, while seeking support for business connectivity, skilled workforce development, infrastructure upgrading and sustainable growth.
Vietnamese trade offices push rapid adaptation for H2 export growth

Vietnamese trade representatives around the world issued warnings and practical advice at a hybrid trade promotion conference in Hanoi on July 7, urging firms to move fast to keep export momentum alive.

Manufacturing remains key driver of Vietnam’s economic growth in H1: NSO


Vietnam's industrial production maintained strong momentum in the second quarter and the first six months of 2026, with the Index of Industrial Production (IIP) posting its fastest first-half growth since 2019, according to the National Statistics Office (GSO) under the Ministry of Finance.
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