Kinhtedothi - On the morning of March 28, the Ministry of Finance held a conference on “Investment funds and foreign investment in Vietnam’s new development era” to proactively prepare resources for the country to enter a new development era. Minister of Finance Nguyen Van Thang chaired the conference.

Total foreign investment capital reached the highest level

The conference was attended by Nguyen Minh Son, Vice Chairman of the National Assembly's Economic and Financial Committee; Nguyen Truong Giang, Vice Chairman of the National Assembly's Law Committee. In addition, there were representatives of ministries, sectors, localities, embassies, international financial organizations, leading investment funds in the world, FDI enterprises, financial institutions, stock market members, small and medium enterprises.

With the aim of discussing, sharing experiences and proposing solutions to promote capital mobilization through the investment fund system and the foreign investment sector to develop the economy, the Conference contributes to conveying the message of the Party and the Government always accompanying domestic and foreign investors. This is also an opportunity to connect Vietnamese enterprises with domestic and foreign corporations and investment funds, thereby seeking opportunities and expanding investment cooperation in priority areas such as infrastructure development; science and technology development, innovation, digital transformation, renewable energy, etc.

Conference overview.

Over the years, Vietnam has achieved many great achievements in various fields, affirming its role as a reliable destination for domestic and international investment capital flows. Vietnam's capital market has grown rapidly, playing an increasingly important role in attracting resources for development investment. The capitalization of the stock market reached 62.5% of GDP, outstanding debt of the bond market reached 31.5% of GDP, with the structure of foreign institutional investors accounting for 20.7% of the total number of institutional investors in the market. The strategy for developing the stock market until 2030 sets the goal of focusing on developing institutional investors and attracting the participation of foreign investors.

Along with the development of the capital market, the participation of the investment fund system plays an increasingly important role, because these are professional investors with financial capacity and a pioneering role in leading the market. Up to now, the securities investment fund system has been established with 43 fund management companies and 123 investment funds, but the participation of these organizations in the capital market is not commensurate with the potential, the total net asset value of the funds by the end of 2024 is only equivalent to 1.2% of the capitalization value of the stock market.

For the economic sector with foreign direct investment, the development of this sector not only contributes to economic growth but also improves the investment and business environment. Total foreign direct investment capital realized in 2024 reached 25.4 billion USD, an increase of 9.4% over the previous year, the highest level ever. In addition to the very encouraging results achieved, according to the views of investors and international organizations, there are still some obstacles in the implementation process.

On February 19, 2025, the National Assembly passed Resolution No. 192/2025/QH15 on supplementing the 2025 Socio-Economic Development Plan with a growth target of 8% or more, creating a solid foundation for double-digit growth in the next period, accordingly, it is necessary to mobilize maximum resources for investment in economic development.

Clearing investment bottlenecks

Speaking at the Conference, Minister of Finance Nguyen Van Thang emphasized that the Party and Government have directed the determination to clear bottlenecks, release all resources for development, contributing to the successful implementation of the economic growth target of 8% or more in 2025, creating the premise for double-digit development in the coming time to soon bring the country into the era of national development.

Minister Nguyen Van Thang emphasized: “To achieve these goals, in addition to the Government's solutions on streamlining and improving the efficiency of the administrative apparatus, we focus on mobilizing all domestic and foreign resources, including investment capital through investment funds and foreign direct investment capital.”

Minister of Finance Nguyen Van Thang spoke at the conference.

At the Conference, delegates focused on assessing the current situation, sharing experiences and proposing solutions to attract resources for economic development through investment funds and foreign investment. The multi-dimensional consultations and contributions from the Conference clarified bottlenecks and proposed solutions to encourage investment funds, foreign investors, financial institutions, and FDI enterprises to actively participate in investment in Vietnam; helping management agencies proactively have policy solutions to enhance the competitiveness of the domestic capital market, improve the investment and business environment, contributing to creating growth momentum for the economy.

Based on the results of the Conference, the Ministry of Finance will complete the Socio-Economic Report to serve the 14th National Party Congress; advise on the development of policy mechanisms to contribute to creating momentum for economic development, realizing the goal of making the country rich, strong and sustainable in the new era.

Sharing on the sidelines of the Conference, Mr. Don Lam - General Director and Founding Shareholder, VinaCapital Group said that currently, investment funds in Vietnam are developing strongly, contributing significantly to capital mobilization and promoting economic growth. However, the Vietnamese stock market is still mainly dominated by small individual investors, accounting for 90% of the total number of investors. The majority of this group participates in the market by buying and selling themselves, short-term surfing instead of investing in professional funds. This situation makes the market unstable, easily affected by crowd psychology and does not ensure long-term investment orientation.

To improve the sustainability of the financial market, it is necessary to change the awareness and behavior of individual investors, encouraging them to participate in professional investment funds. Investing in funds helps to minimize risks, take advantage of the expertise of fund managers, and at the same time bring higher long-term profits than short-term trading based on emotions.

One of the important solutions is to strengthen education and communication about the benefits of investing in professional funds. It is necessary to provide transparent and clear information about the operations and effectiveness of funds as well as the benefits that investors can receive. In addition, the State and management agencies need to consider policies and support mechanisms to promote the development of investment funds, including creating favorable conditions for funds to expand their scale and diversify their investment products, such as investment funds in infrastructure or private enterprises. This will not only help attract more investors but also contribute to mobilizing long-term capital for the economy.

Source: https://kinhtedothi.vn/huy-dong-toi-da-nguon-luc-cho-dau-tu-phat-trien-kinh-te-dat-nuoc.html