Prime Minister urges Chinese enterprises to improve the quality of capital flows into Vietnam

Prime Minister urges Chinese enterprises to improve the quality of capital flows into Vietnam

2026-08-27 03:06 (GMT+8)

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Prime Minister Le Minh Hung met with Chinese enterprises investing in Vietnam on August 26, urging a decisive shift from scale expansion to improving the quality of capital flows, bringing advanced technology and international management expertise into the Vietnamese market. Priority sectors include strategic infrastructure, the Vietnam-China railway, clean energy, modern processing and manufacturing, the digital economy, AI, semiconductors, and 5G. In the first seven months of the year, newly registered capital from China reached nearly $3.7 billion across approximately 850 projects, making China the leader in new project count in Vietnam. The Prime Minister directed the resolution of 44 enterprise petitions and assigned the Ministry of Finance to build a mechanism for the rapid receipt and resolution of obstacles.

Key Elements

Prime Minister Le Minh Hung chaired a meeting on August 26 with Chinese enterprises currently investing in Vietnam, calling on this investor bloc to shift decisively from expanding scale to enhancing the quality of capital flows, bringing advanced technology, international management expertise, and competitive solutions into the Vietnamese market.

At Government Headquarters, the head of the Vietnamese government emphasized that the room for cooperation between the two economies remains vast, but the new phase demands not just "more" cooperation and investment, but "better," "higher-quality," and "more effective and substantive" outcomes. He urged Chinese enterprises to continue viewing Vietnam as a long-term destination for investment, production, and business operations, while increasing investment with higher quality, more advanced technology, and greater spillover effects.

Priority sectors encouraged by the Vietnamese government include strategic infrastructure connectivity, particularly railway lines connecting Vietnam and China, urban railways, logistics, and smart border gates; clean energy; modern processing and manufacturing; the digital economy, artificial intelligence, semiconductors, 5G, and big data. The Prime Minister also expressed his desire for foreign investors to strengthen research and development (R&D) activities, innovation, technology transfer, and substantive workforce training.

"Each project must be both effective for investors and contribute to Vietnam's production capacity, technology, employment, budget, and the development of Vietnamese enterprises," the Prime Minister stated. He also urged investors to bring advanced technology and international management capabilities to large-scale projects to create quality works and products that become new hallmarks of bilateral cooperation.

Chinese capital flows into Vietnam

China is currently one of the largest foreign investors in Vietnam. Data released at the meeting shows that capital flows from the country continued to grow strongly in 2026.

Indicator

Value

Newly registered capital in first 7 months

Nearly $3.7 billion

Number of new investment projects

Approximately 850 projects

Total active projects (cumulative through end of July)

Over 7,000 projects

Cumulative registered capital

Nearly $37 billion

Two-way trade turnover in 7 months

Approximately $184.3 billion, up 35.1%

Capital flows from China are increasingly concentrated in processing and manufacturing, infrastructure, energy, electronics, and technology. China is Vietnam's largest trading partner, while Vietnam is China's largest trading partner within ASEAN.

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Resolution of 44 enterprise petitions

At the meeting, representatives of Chinese enterprises highly praised Vietnam's increasingly improving investment and business environment, particularly the effectiveness of the government restructuring and streamlined procedures. They affirmed that Vietnam is an increasingly important market and shared information about investment expansion plans and new cooperation projects.

The enterprises also raised difficulties, obstacles, and petitions requiring the government, ministries, and localities to resolve. The Prime Minister largely agreed and directed focused handling of 44 petitions and proposals across six sector groups. The Minister of Finance was assigned to build a mechanism for the fastest possible receipt and resolution of obstacles facing enterprises in general, including the Chinese enterprise bloc.

The head of the Vietnamese government required ministries and localities to proactively guide regulations, handle matters substantively and thoroughly, provide clear responses to obstacles, and avoid shifting responsibility. Cases beyond their authority must be promptly reported to the Government and the Prime Minister with proposed solutions.

Chinese Ambassador to Vietnam Ha Vi attended the meeting and extended congratulations on the occasion of Vietnam's National Day on September 2. He expressed confidence that in the new era, Vietnam will achieve increasingly significant development milestones, and that more Chinese enterprises will certainly come to invest in Vietnam.

The Prime Minister emphasized the spirit of mutual development and co-creation of new value: shifting from scale expansion to quality enhancement; from processing and assembly to technology and innovation; from individual projects to highly integrated, stable, and long-term production chains, supply chains, and ecosystems. The Vietnamese government is committed to continuing to listen, accompany, and protect the legitimate rights and interests of investors, creating conditions for enterprises to invest and operate successfully and sustainably in Vietnam.