Special news on Hanoi Moi newspaper on May 4, 2025

Taking the music industry to "take off": Need for breakthrough mechanisms and policies

A scene from the music video “Bac Bling” by singer Hoa Minzy.

Music is considered a core cultural industry, a potential for creative economic development. Besides the efforts of musicians, singers, etc., and organizations operating in the music field, appropriate and open mechanisms, policies, and administrative procedures are the "key" to resolving many difficulties and obstacles, allowing the music industry to "take off".

Obviously, the music industry is developing, but it is still not worthy of its potential. General Director of Vietfest (the organizer of the Hozo International Music Festival) Pham Minh Toan said that Vietnam still has many difficulties in terms of infrastructure to organize large-scale music events.

Director of the Copyright Department (Ministry of Culture, Sports and Tourism) Tran Hoang affirmed that if music wants to become a strong industry, it cannot only focus on content creation but needs a synchronous ecosystem.

Solving administrative procedures for citizens: Clear people, clear responsibilities, clear efficiency

Handling administrative procedures for people at Branch No. 2 - Hanoi City Public Administration Service Center. Photo: Do ​​Tam

An incident that has attracted public attention is that the Hanoi City Public Administration Service Center has just concluded a surprise inspection of the reception and handling of administrative procedure records according to citizens' feedback and recommendations on administrative regulations at the Hanoi Department of Construction, which were received on the National Public Service Portal.

From this specific case, it can be seen that in the process of handling administrative procedures, the city pays special attention to resolving citizens' petitions on channels, including the digital environment, with the spirit of clear people, clear responsibilities, and clear effectiveness.

Director of the City Public Administration Service Center Cu Ngoc Trang said that currently 100% of administrative records are digitized, 90% are processed on time; all reception and return of results are done via the "electronic one-stop" software. This publicity and transparency is a prerequisite to ensure citizen satisfaction and will be implemented more synchronously and effectively in the future.

Maintain attractiveness to foreign investors

Production line at the factory of Ford Vietnam Company (a joint venture between Ford Motor Company USA and Song Cong Diesel Company). Photo: Duc Thanh

The US announcement of reciprocal tariffs on many countries has had a significant impact on global economic and investment life. Experts predict that international investment activities will have unpredictable developments with a broad-based downward trend.

However, this is a new and complicated issue and there is not enough concrete evidence to show that foreign direct investment (FDI) attraction results will decrease in Vietnam...

Head of the Department of Industrial and Construction Statistics (General Statistics Office, Ministry of Finance) Phi Thi Huong Nga commented that Vietnam's attractiveness and ability to attract FDI capital is still maintained thanks to its significant potential and advantages.

Notably, Vietnam has focused on taking advantage of opportunities to attract FDI from the wave of international investment relocation, combined with the orientation of encouraging and positioning itself as a high-tech destination over the past time.

Supporting sustainable business development: Strategic solutions needed

The impact of the world economy and the demands of markets for increasing legal regulations related to sustainable practices (ESG) have forced Vietnamese businesses to change their awareness, thinking and actions.

FPT Digital Deputy General Director Le Hung Cuong commented that many Vietnamese enterprises, especially small and medium enterprises, are currently facing difficulties in accessing ESG standards and green transformation.

Vice President and General Secretary of the Hanoi Association of Small and Medium Enterprises Mac Quoc Anh pointed out many major bottlenecks. That is, only 4.5% of green credit has been disbursed. Small and medium enterprises have difficulty accessing it because of a lack of collateral, non-preferential interest rates, and unfamiliar ESG standards. Up to 60% of small businesses do not know where to register for support.

Director of the Vietnam Chamber of Commerce and Industry (VCCI) Nguyen Tien Huy said that Vietnam needs to prioritize a number of systematic strategic solutions.

Hanoi develops high-quality human resources

Scene of the working session between the Supervisory Delegation of the National Assembly Standing Committee and the Hanoi People's Committee on the implementation of policies and laws on the development and use of human resources to meet the requirements of socio-economic development, especially high-quality human resources, April 2025.

Hanoi is a bright spot in education and vocational training, in which key education has achieved excellent results, leading the country in the number of students winning prizes in national and international competitions for excellent students...

These are the outstanding results recorded by the National Assembly Standing Committee's Supervisory Delegation at a working session with the Hanoi People's Committee on the implementation of policies and laws on the development and use of human resources to meet the requirements of socio-economic development, especially high-quality human resources in the 2021-2024 period, taking place in April 2025.

Deputy Secretary of the City Party Committee, Chairman of the City People's Council, Deputy Head of the Hanoi National Assembly Delegation Nguyen Ngoc Tuan said that in addition to promoting economic development, Hanoi pays great attention to human resource development, considering it an important driving force for development. In particular, Hanoi has paid attention to issuing mechanisms and policies to develop, attract and reward talents.

Source: https://hanoimoi.vn/tin-tuc-dac-biet-tren-bao-in-hanoimoi-ngay-4-5-2025-701127.html