HO CHI MINH CITY AND VIFC-HCMC: A GATEWAY FOR NEW-GENERATION INVESTMENT CAPITAL

Within the framework of the CEO500 session at the Autumn Economic Forum, Assoc. Prof. Dr. Nguyen Huu Huan, Vice Chairman of the VIFC-HCMC Management Board, shared insights on the role of Ho Chi Minh City and VIFC-HCMC in attracting new-generation investment capital, aiming to boost the competitiveness of Vietnam's economy.

Based on actual investment attraction and export structures, the speech emphasized the need to shift from a growth model relying heavily on assembly and processing to developing research and design capabilities, mastering technology, and moving deeper into the global value chain. The quality of capital must go hand in hand with upgrading domestic businesses, developing human resources, and increasing the value created right here in Vietnam.

Acting as a hub to connect and manage international capital flows, VIFC-HCMC aims to encourage cooperation between foreign investors and Vietnamese businesses. This helps create resources to develop key industries, contributing to high growth goals and raising Vietnam's position in the global economy.

Analyzing current investment trends, Assoc. Prof. Dr. Nguyen Huu Huan pointed out the need to improve the quality of FDI capital. While this sector accounts for 80.7% of total export turnover, research and development (R&D) activities made up only 1.9% of total new FDI capital between 2020 and 2024.

Accordingly, VIFC-HCMC aims to connect four key resources: international capital, research infrastructure, markets, and high-quality human resources. The main focus is to drive investment into semiconductors, artificial intelligence, automation, and digital finance, linked with technology transfer and capacity building for Vietnamese enterprises.

This direction helps put Resolutions 57-NQ/TW and 10-NQ/TW into practice, helping Vietnamese businesses join the global value chain more deeply while opening up long-term cooperation and investment opportunities for international partners.