The message was highlighted at a seminar titled “Effectively implementing Resolution 10-NQ/TW to foster comprehensive investment cooperation between Vietnam and the European Union in a new phase of development”, organised by the Ministry of Finance in Hanoi on September 8.

Speaking at the seminar, Deputy Minister of Finance Cao Anh Tuan emphasised that Vietnam is entering a new phase of development with increasingly demanding requirements for growth quality, competitiveness and deeper participation in global value chains.

In this process, he said, Vietnam-EU relations play an important role, with the EU-Vietnam Free Trade Agreement (EVFTA) continuing to serve as a foundation for trade, investment and business connectivity between the two sides.

The EU is expected to make an increasingly important contribution to Vietnam in technology, capital, corporate governance and sustainable development models.

According to the Ministry of Finance, EU investors currently have projects in 30 of Vietnam’s 34 provinces and centrally run cities. A total of 2,836 projects remain valid, with combined registered capital exceeding US$33.3 billion, accounting for around 6% of Vietnam’s total foreign direct investment.

The average registered capital per EU-funded project stands at more than US$11.8 million. Processing and manufacturing leads with 692 projects and more than US$16.2 billion in registered capital, accounting for 49% of total EU investment. Electricity production and distribution has 31 projects with registered capital of more than US$5.1 billion, or 15%.

Meanwhile, Vietnam has granted investment certificates for 124 new projects in EU countries and approved 21 capital adjustment rounds, with total registered capital of around US$653.8 million.

Transparency key to investor confidence

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Deputy Finance Minister Cao Anh Tuan stresses that transparency must go hand in hand with reform to strengthen investor confidence and attract high-quality EU investment

According to Deputy Finance Minister Cao Anh Tuan, Vietnam’s approach consistently links reform with transparency, which he described as a foundation for maintaining investor confidence.

This is also an important point of convergence between the spirit of Resolution 10 and the expectations of the EU business community regarding Vietnam’s investment environment.

Vietnam and the EU need a two-way commitment. The Vietnamese Government will continue institutional reforms and efforts to facilitate investment, while EU partners and the business community can contribute experience and resources to the implementation process.

Tuan stressed that when Resolution 10 is translated into concrete actions by the Government, diplomatic missions, business organisations and individual investors, Vietnam-EU cooperation will not only expand in scale but also improve in quality, technology, sustainability and its contribution to people and the economy.

EU looks for greater investment predictability

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EU Ambassador to Vietnam and Head of the EU Delegation Julien Guerrier highlights the need for a transparent and predictable investment environment to unlock the full potential of EU-Vietnam investment cooperation

EU Ambassador to Vietnam and Head of the EU Delegation Julien Guerrier said that after 35 years, Vietnam-EU relations have developed into a strong and multifaceted partnership, evolving from initial development cooperation into trade, investment, green transition, digital transformation, innovation, education, connectivity, security and many other areas.

According to the EU diplomat, Vietnam is increasingly becoming an important and dynamic economic partner for Europe, while the EU is an important source of investment, technology, expertise and sustainable finance for Vietnam.

The two sides can leverage their complementary strengths when these are combined with a transparent and highly predictable investment environment, effective policy implementation and open, constructive dialogue with the business community.

The EU Ambassador said the seminar was particularly meaningful in the current context, providing a platform for Vietnamese and European partners to discuss opportunities and challenges and identify practical steps to facilitate greater investment, improve investment quality and promote mutually beneficial investment relations.

Resolution 10 sets new direction for high-quality foreign investment

Resolution 10, issued by the Politburo on June 8, 2026, marks a new approach to foreign investment, with greater emphasis on quality, efficiency and stronger links between foreign-invested enterprises and the domestic business sector. The resolution aims to make foreign investment a stronger driver of technology transfer, innovation, productivity and deeper participation in global value chains, rather than focusing primarily on the scale of capital attracted.

By 2030, Vietnam aims to rank among ASEAN’s leading economies in terms of its investment and business environment, competitiveness, innovation and capacity to attract high-quality foreign investment. The resolution also sets a target for 75% of foreign investment capital to come from developed economies with strong technological, financial and management capabilities, while encouraging greater participation by Vietnamese businesses in foreign-invested companies’ value and supply chains.

For Vietnam-EU investment cooperation, these orientations provide a framework for shifting from capital-driven cooperation towards higher-value partnerships centred on technology, innovation, sustainable development and stronger domestic linkages. This is also where greater transparency, policy predictability and effective implementation can help turn the EU’s investment potential into longer-term development gains for both sides.

Source: VOV

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