With digital transformation likely to have a major role to play in financial transactions into the future, the governing legal framework is in need of reinforcement.
Local chip startups will have an easier path to the global market with the creation of a center linking chip design and manufacturing in a process called tape-out.
Against the backdrop of administrative-unit reorganization and the implementation of a two-tier local government model, a new Resolution of the Politburo calls for strong innovation in development and growth models, with Party committees, Party organizations and authorities at all levels tasked with creating, leading, unlocking and mobilizing all available resources.
A number of proposals have been made to help Vietnamese exporters make it through testing global conditions and bridge the country’s trade deficit in the second half of 2026.
The Government’s new resolution targets to innovate the reform of administrative procedures in a comprehensive and substantive manner, drastically improve the business investment climate, sharpen national competitiveness, and spur economic growth through 2030.