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reform

Auto industry split over proposal to scrap business conditions

Auto industry split over proposal to scrap business conditions

Some argue that removing conditions entirely could lead to an influx of low-cost imports and weaken domestic production capacity, while others say the current system imposes unnecessary costs and slows innovation.
Cutting red tape to unlock growth resources

Cutting red tape to unlock growth resources

Administrative reform is being repositioned as a key growth driver, with sweeping cuts to procedures and business conditions aimed at unlocking resources and boosting efficiency across the economy.
Customs cut procedures to ease trade bottlenecks

Customs cut procedures to ease trade bottlenecks

The customs sector is accelerating reforms by removing outdated procedures, digitalising tax and clearance processes, and cutting business conditions to reduce delays and support import-export firms.
Development map redrawn to drive double-digit growth

Development map redrawn to drive double-digit growth

Việt Nam’s revised national master plan aims to new growth hubs, strengthen regional connectivity and accelerate technology-driven development as the country targets annual economic growth of at least 10 per cent in the coming years.
MoIT streamlines import–export procedures to boost trade growth

MoIT streamlines import–export procedures to boost trade growth

MoIT has introduced sweeping reforms to certificates of origin and related procedures to cut red tape, reduce costs and help businesses better tap tariff incentives amid global uncertainty.
Peoples high savings rate considered important potential capital source for growth

People's high savings rate considered important potential capital source for growth

As savings rate of Vietnamese people is very high at up to 37 per cent of GDP, experts said it is a potential available capital resource that should be exploited to promote economic growth.
Government sets 10 per cent growth target for provinces

Government sets 10 per cent growth target for provinces

The Government framed the target as both necessary and achievable despite acknowledging significant headwinds.
Việt Nams Đổi Mới 2.0 reforms will drive growth, though below official target: BMI

Việt Nam's 'Đổi Mới 2.0' reforms will drive growth, though below official target: BMI

Việt Nam''s ''Đổi Mới 2.0'' reforms will boost GDP growth to 7.2 per cent annually through 2031, but ambitious productivity targets and trade vulnerabilities pose challenges to the Government''s 10 per cent goal, according to BMI.
Top leader calls 2026 pivotal year, warns double-digit growth will be challenging

Top leader calls 2026 pivotal year, warns double-digit growth will be challenging

Top leader says 2026 will mark the start of a new development phase under Việt Nam''s latest five-year plan, though acknowledges that sustaining double-digit economic growth will be challenging as traditional drivers lose momentum.
All business-related administrative procedures must be conducted online by end of 2025: PM

All business-related administrative procedures must be conducted online by end of 2025: PM

Prime Minister Phạm Minh Chính has encouraged enhanced efforts to ensure that 100 per cent of administrative procedures related to businesses are conducted online by the end of this year to further improve the business environment.
Hà Nội strengthens support for businesses to complete tax obigations

Hà Nội strengthens support for businesses to complete tax obigations

The Hanoi Support Centre for Enterprise and Investment Promotion (SCE) in coordination with the Hà Nội Department of Finance, held a seminar on corporate taxation on December 5 to help businesses in the capital adapt to ongoing tax reforms and an evolving...
Việt Nam to pilot online tax declaration portal this month ahead of 2026 rollout

Việt Nam to pilot online tax declaration portal this month ahead of 2026 rollout

The upcoming launch is expected to ease concerns among household businesses – especially older shop owners and traditional market traders who may lack digital or accounting skills.
Changes proposed to investment approval procedures

Changes proposed to investment approval procedures

Under the proposal, approval procedures will be simplified and only apply to projects with significant environmental impact, those affecting national defence and security, or projects in sensitive sectors such as airports and seaports.
Businesses help flag obstacles in administrative reform: VCCI

Businesses help flag obstacles in administrative reform: VCCI

According to the Việt Nam Chamber of Commerce and Industry (VCCI), in just under two months, there were 220 reports from businesses flagging obstacles across laws, decrees and circulars.
Việt Nam strives to build free trade zones and duty-free ports

Việt Nam strives to build free trade zones and duty-free ports

PM Phạm Minh Chính urges free trade zones and duty-free ports to boost growth and position Việt Nam as a digital-era logistics hub.