Want to be in the loop?
subscribe to
our notification
Business News
RESOLUTION 02/2021 TO FURTHER STEP UP REFORMS
Resolution 02/2021 is expected to continue to step up reforms to further improve the business environment and enhance national competitiveness.
The Government recently issued Resolution 02 on improving the business environment and enhancing national competitiveness. The message of Resolution 2/2021 is improving the business environment; enhancing national competitiveness is a constant and continuous central task.
Dr. Phan Duc Hieu, Deputy Director of the Central Institute for Economic Management (CIEM), said that Resolution 02 was drafted in a very new way with targets and contents of Resolution 02/2019 being maintained, and unfinished content to be sped up for completion in 2021.
“There are four contents that the Government places greater emphasis on. The first is innovation. Specifically, this time, the Government saw that our reforms have been mainly conducted within one ministry or branch of authority, e.g. the Ministry of Industry and Trade or the Ministry of Health. However, enterprises are affected by interagency. Indeed, many matters cannot be solved by a single ministry. The new point of Resolution 02 is strengthening coordination of ministries and branches to thoroughly tackle the matter of concerns, focusing on matters that have concerned enterprises for a long time,” he said.
The second key content is the importance of digital transformation in the new context. If we do not implement changes, we will be eliminated. Moreover, the Government should play a leading role by its greater focus on promoting digital transformation in all governmental activities, services and interactions in the digital environment.
“We must complete e-government, then move to digital government, and motivate businesses to go digital as well. At the same time, we must create a market where businesses can provide digital services when the Government conducts digital transformation,” said Mr. Hieu.
“We can see positive results in the implementation of Resolution 02/2020/NQ-CP such as the exemption of license fees under Decree 22/2020/ND-CP, reducing the granting time of construction permits (Construction Law 2020) and raising investor protection level (Enterprise Law 2020),” Mr. Hieu noted.
He also admitted that there are still some unfinished tasks, especially the connection to specialized management and inspection of imported and exported goods, and business conditions in many decrees and laws still presenting trouble for enterprises.
“However, the successful implementation of Resolution 02 in the past term has created a special mark, not only on the approach and the way of action, but importantly on significant improvements of the business environment,” he stressed.
Source: VCCI
Related News
SAFETY IS LIFE – DISCIPLINE IS STRENGTH
At Phuc Vuong, we believe that no project is more important than human life. To us, safety is not just a slogan; it is a vital principle with no exceptions. All these efforts serve one simple goal: to ensure every colleague can work with peace of mind, and every worker returns home safe and sound after every shift. This is our highest commitment and the sustainable foundation that Phuc Vuong always upholds.
DOING BUSINESS WITH CHINA 2.0
As China continues to evolve into a global powerhouse in innovation, technology, and advanced manufacturing, understanding how to effectively engage with this market has never been more critical. Doing Business with China 2.0 is a flagship executive programme designed to equip business leaders with practical insights, strategic perspectives, and first-hand exposure to navigate China’s rapidly changing landscape.
VNAT EYES 25 MILLION FOREIGN VISITORS IN 2026
In the first quarter of the year, international arrivals amounted to 6.7 million, up 12.4% from a year earlier and the highest level on record. Domestic travel reached an estimated 37 million trips, with total tourism revenue at around VND267 trillion. Global developments pose risks. Geopolitical tensions in the Middle East have driven up fuel prices, increasing transport and tourism service costs.
VIETNAM’S CREDIT TOPS VND19.18 QUADRILLION, FLOWS INTO PRODUCTION SECTORS
Total outstanding loans in Vietnam’s banking system had reached over VND19.18 quadrillion in the year to March 31, up 3.18% against the end of 2025, with lending largely directed toward production and priority sectors, according to the State Bank of Vietnam. Data released at the central bank’s first-quarter press briefing on April 14 showed that several Government-backed lending programs have recorded notable disbursement progress. A credit package for the forestry and fisheries sectors has been expanded sharply, from VND15 trillion to VND185 trillion.
VIETNAM GETS US$2.64 BILLION FROM SEAFOOD EXPORTS IN Q1
Vietnam’s seafood sector booked around US$927 million in export revenue in March, bringing the total in the first quarter of this year to US$2.64 billion, showed data from the Vietnam Association of Seafood Exporters and Producers (VASEP). China was the primary export market in Q1. Other markets such as the U.S., Japan and South Korea imported less due to weakened consumer spending and stringent technical barriers.
HCMC SET TO START WORK ON SEVEN MAJOR INFRASTRUCTURE PROJECTS
Ho Chi Minh City plans to simultaneously break ground on seven major infrastructure projects worth a combined VND380 trillion on the occasion of Vietnam’s Reunification Day (April 30). The projects are highly expected to unlock public investment and fuel economic growth. To prepare for the simultaneous launch, relevant departments and authorities have worked to streamline administrative procedures while maintaining legal compliance, with the goal of meeting conditions for groundbreaking on the occasion of the national holiday.
























