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Politburo issues resolution on FDI attraction

by VTV425 August 2019 Last updated at 00:00 AM

VTV.vn - The localization rate is set to increase from 25% to 30% by 2025 and to 40% by 2030.

It's one of the targets of Resolution 50 which was issued by the Politburo to improve the quality of foreign investment cooperation by 2030.

The resolution was inked by Party General Secretary and State President Nguyễn Phú Trọng. The resolution also includes the goal of having a registered capital of 150 to 200 billion US dollars between 2021 and 2025 and 200 to 300 billion US dollars from 2026 to 2030.

The proportion of businesses using advanced technology, modern administrative systems, and environment-friendly tech is expected to increase by 50% by 2025 and 100% by 2030.

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