Foreign Experts and Businesses Pin Hopes on Vietnam’s New Visa Reforms

Foreign Experts and Businesses Pin Hopes on Vietnam’s New Visa Reforms

As Vietnam accelerates its digital transformation and innovation efforts, the demand for high-caliber human resources has never been more pressing. However, development in the domestic workforce hasn’t kept pace—this is evident in the FDI sector, where the percentage of workers holding degrees or certificates fell from 25.5% in 2021 to 21.7% in 2024 

New Visa Policies to Enhance Foreign Investment

To address this talent gap, the Vietnamese government has introduced strategic reforms:

Decree 219 simplifies regulations on foreign labor in Vietnam.

Decree 221 introduces limited-term visa exemptions for individuals deemed vital to socio-economic development 

These reforms are viewed as pivotal in attracting and retaining international talent, facilitating Vietnam's integration into the high-tech economy

Voices of Optimism from the International Community

Andrew Goledzinowski, former Australian Ambassador to Vietnam and strategic advisor, considers these visa changes "highly positive and welcome developments." He emphasized that while training domestic scientists, engineers, and scholars is important, "Vietnam is an open and transitioning economy, so there is an ongoing need for skilled foreign experts to support this process"

Balancing Progress with Remaining Challenges

Despite the enthusiasm surrounding these visa and labour reforms, experts stress that additional measures are vital. Long-term residence permits, clearer implementation guidelines, and transparent enforcement will be essential in building investor confidence and ensuring sustained momentum

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