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Vietnam moves to fast-track foreign investment through institutional reforms

HANOI: The Ministry of Finance (MoF) has proposed easing market access conditions for foreign investors and extending "green-lane" special investment procedures beyond functional zones to cut administrative hurdles and speed up project implementation, amid growing competition for investment based on institutional quality and administrative efficiency.

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越南通过体制改革加快外商投资步伐

FILE PHOTO: An automotive and motorcycle parts production line at Vietnam Precision Industrial Co., Ltd. No. 1 in Ba Thien 2 Industrial Park. - Vietnam News/ANN

HANOI: The Ministry of Finance (MoF) has proposed easing market access conditions for foreign investors and extending "green-lane" special investment procedures beyond functional zones to cut administrative hurdles and speed up project implementation, amid growing competition for investment based on institutional quality and administrative efficiency.

The draft Law amending and supplementing several articles of the Law on Investment aims to institutionalise the Political Bureau's Resolution No. 10-NQ/TW dated June 8, 2026 on the development of the foreign-invested economic sector. It focuses on removing key barriers to market entry, project timelines and marine area allocation.

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