
Cutting construction procedures to boost business environment
Removing the construction permit requirement is more than a procedural update — it could be a game-changer.
Removing the construction permit requirement is more than a procedural update — it could be a game-changer.
Prime Minister Pham Minh Chinh called on foreign enterprises, including those from Malaysia, to continue cooperating and investing in Vietnam, and pledged to facilitate their operations.
According to a report released by StartupBlink, the southern city has advanced in the global rankings for four consecutive years, particularly in the Fintech sector, which has experienced rapid growth.
The dispatch further highlights the need for comprehensive measures to enhance governance capacity, accelerate socio-economic progress, and improve the investment and business landscape with a clear emphasis on sustainable development and environmental stewardship.
The northern port city of Hai Phong has secured the top position in the 2024 Provincial Competitiveness Index (PCI) for the first time, with a score of 74.84.
According to the National Statistics Office, total registered FDI in Vietnam reached nearly 6.9 billion USD in the first two months of 2025, or a 35.5% increase as compared to the same time last year. Disbursed capital was estimated at 2.95 billion USD, up 5.4% year-on-year.
By January 2025, the RoK had emerged as HCM City's third-largest foreign investor, boasting 2,286 projects with a total of 5.5 billion USD in registered capital.
The high rate of business exits demonstrates the ongoing difficulties within the business sector, signaling that despite improvements in the business environment, more needs to be done to meet the real needs of enterprises.
Vietnam improved its business environment the most over the past two decades, according to a recent analysis by the Economist Intelligence Unit (EIU).
Strong performances in the Provincial Competitiveness Index, green index, and investment attraction demonstrate that Ba Ria-Vung Tau is actively enhancing its investment and business environment while reforming administrative procedures to achieve green and sustainable development.
The Vietnamese Embassy, in collaboration with the Foreign Ambassadors Club in Israel, on August 29 organised an event to promote culinary culture and business opportunities in Vietnam.
The northern province of Bac Giang aims to secure a position in the group of localities with best administrative reform performance.
The Minister of Finance emphasized that Vietnam guarantees investors' legitimate rights and interests while continuously improving the business environment to ensure long-term, secure investment operations.
The recent vigorous growth of startups in Vietnam has attracted domestic and foreign investors, but insiders recommended more efforts be made to facilitate startups’ access to funding from investors so that they can live up to potential.
Vietnamese companies have been upbeat about the current business environment, according to the Business Outlook Study 2024 (SMEs & Large Enterprises) conducted by Singapore-based United Overseas Bank (UOB).
Vietnam’s anti-corruption efforts have helped spur its economic growth, Director of the Canada-Vietnam Trade Council Julie Nguyen and Professor of Business at Centennial College in Toronto Luis Silva shared the view.
The Lao government will enhance efforts to improve business environment and reduce bureaucracy to facilitate business activities and attract more investment, Prime Minister Sonexay Siphandone said at the ongoing 7th session of the 9th National Assembly.