The Politburo’s Resolution No. 68-NQ/TW on the private economic sector development, issued in May 2025, targets 2 million enterprises by 2030, including at least 20 major corporations participating in global value chains.

Building mechanisms that enable the State, universities, research institutes and businesses to jointly participate in the science and technology development chain is becoming increasingly important as Vietnam identifies science and technology as a major driver of future economic growth.

The Ministry of Public Security said it would strengthen the management of foreigners living and travelling in the country, while maintaining relatively open visa and immigration policies aimed at supporting tourism, investment and economic growth.

The latest administrative reform push, with the issuance of eight resolutions on reducing, decentralising and simplifying administrative procedures and business conditions, is being seen as one of the largest overhauls in recent years, affecting thousands of procedures and processes tied to business activities.

VOV.VN - Prime Minister Le Minh Hung has requested sweeping institutional reform as a key driver for Vietnam’s next phase of economic growth, stressing that the legal system must become a strategic breakthrough rather than a bottleneck for development.

Chairman of the Hanoi People’s Committee Vu Dai Thang chaired the committee’s regular meeting on May 5, during which he underlined the requirement for the city to achieve growth of over 10% in the second quarter to fulfil the target of double-digit development for the whole of 2026.

Dien Bien, once a ferocious battlefield, is undergoing a visible overhaul, with gains in economic growth, poverty reduction, infrastructure, and social welfare that lay the groundwork for a new expansion phase.

Deputy Prime Minister Ho Quoc Dung on April 20 called for urgent and decisive action to finalise Vietnam’s list of strategic technologies and products, saying innovation must become a key driver of future economic growth.

The Vung Ang II Thermal Power Plant was officially inaugurated on April 18 at the Vung Ang Economic Zone in the central province of Ha Tinh, marking a significant milestone in strengthening Vietnam’s energy security and supporting regional economic growth.

Credit in the first quarter of 2026 surged by 3.18% against late last year to VND19.18 quadrillion (US$730 billion), supporting Vietnam’s GDP growth of 7.83%, Pham Thanh Ha, deputy governor of the State Bank of Vietnam (SBV), said at an event on April 14.