This message goes beyond simply calling for administrative procedure reform in the conventional sense, shifting strongly towards a mindset focused on creating a conducive development environment with three major pillars: unlocking investment resources, accelerating digital transformation and innovation, and genuinely improving governance efficiency.
For example, in the financial and banking sector, the requirement is to manage monetary policy flexibly but strongly direct capital flows into production, investment, and infrastructure. The State Bank of Vietnam is tasked with continuing to review credit mechanisms, stabilizing interest rates, and ensuring the safety of the system. The Ministry of Finance is required to strongly promote the disbursement of public investment, considering it a driving force for social investment. For the State Bank of Vietnam and the Ministry of Finance, the overarching requirement remains maintaining macroeconomic stability, controlling inflation, and ensuring the safety of the financial system. This shows that the Government is choosing a balanced approach: growth without sacrificing stability.
Furthermore, the Ministry of Construction is placed in a key role in promoting strategic infrastructure projects and disbursing construction investment funds. The government requires accelerating the progress of major transportation, urban, social housing, and technical infrastructure projects to create a ripple effect on many economic sectors. Meanwhile, the Ministry of Science and Technology is tasked with promoting digital transformation, innovation, and the application of technology in national governance and business operations. This shows that the government is viewing digital transformation not as a support program, but as a new growth engine for the economy. The application of AI, big data, process automation, and the development of a digital administration are considered direct solutions to reduce compliance costs, increase productivity, and enhance national competitiveness.
Another key point is the need for substantive administrative reforms. The Prime Minister emphasized cutting business conditions, simplifying procedures, and shifting strongly from "pre-approval" to "post-approval." This is a significant change. For many years, businesses have often spent considerable time and money on licensing procedures, waiting for approvals, or meeting overlapping requirements. When the economy aims for high growth, maintaining a management system heavily focused on pre-approval controls will slow down the flow of resources.
This is accompanied by a demand for improved enforcement discipline. The government not only requires amendments to regulations but also emphasizes individual responsibility and the responsibility of leaders. A mindset of "avoiding responsibility," passing the buck, or prolonging processing times is seen as a direct obstacle to growth.
The Prime Minister's overarching demand is not just to "do things faster," but to change management thinking to create a more open, transparent, and efficient development environment. Because double-digit growth targets cannot be achieved if the economy remains hampered by procedural bottlenecks, a fear of responsibility, and excessively high compliance costs. When procedures are streamlined, infrastructure investment is accelerated, technology is more widely applied, and compliance costs are reduced, social resources will be activated to become a powerful "lever" for achieving high growth targets in the coming period.
Source: https://www.sggp.org.vn/menh-lenh-hanh-dong-post852333.html
