 |
| NA Deputy Truong Xuan Cu – Hanoi Constituency |
Streamlining State Management: A Strategic Imperative for Vietnam’s Development
As Vietnam embarks on a new era of growth, reforming the state management apparatus is crucial to unlocking the country’s long-term strategic development. This reform is not just an option but a necessity, and it may even be a pivotal factor in the nation’s ascent.
An efficient and streamlined administrative system is the cornerstone of any progressive nation. It fosters creativity, removes bottlenecks, and enables the country to function with precision and stability. Our resolve to undertake this transformation is unwavering, and we are committed to ensuring it permeates not just the government but also Party organizations at all levels, from the central to the grassroots.
This comprehensive overhaul of the political system involves merging provinces, eliminating district-level administration, and rationalizing the number of communes. With 63 provinces/cities, 705 districts, and 10,595 communes/wards, Vietnam has a more fragmented administrative structure compared to other Asian nations like China (34 provinces), Japan (47), and the Republic of Korea (16). By reducing administrative layers, we aim to enhance governance, optimize resources, and create a more conducive environment for socioeconomic progress.
 |
| NA Deputy Pham Trong Nghia – Lang Son Constituency |
Creating a Catalyst for Economic Prosperity
The drive to streamline governance is not unique to Vietnam; it is a global phenomenon. Countries like the UK, France, the US, Japan, the RoK, and Singapore have blazed a trail in administrative reform, and their successes are evident in their robust economies and improved public welfare.
For Vietnam, this is about more than just efficient administration. It is about political stability, economic vitality, and enhancing our standing in the international arena, especially amid rapid technological advancements. By rightsizing our apparatus, we aim to increase operational efficiency, reduce budgetary burdens, and free up resources for critical sectors like education, healthcare, and infrastructure. This will also heighten the accountability of each agency, facilitating better monitoring and evaluation of their performance.
 |
| Dr. Bui Duc Thu, Former Deputy Director of the NA Deputy Affairs Committee |
Supercharging Growth through Provincial Mergers
Merging provincial-level administrative units is a strategic move to boost both local and national economic efficiency. With technological and productive advancements accelerating, maintaining the status quo in terms of administrative boundaries, especially in smaller provinces, would hinder our development aspirations and lead to redundant bureaucracy. To foster a robust economy and improve fiscal health, we must reduce regular expenses and streamline our apparatus, thereby cutting staffing costs.
By consolidating provinces, we can expand the land area available for development by 1.5 to 2 times. This, coupled with supportive policies from the Party Central Committee and the government, will enhance inter-provincial connectivity and strengthen regional economic zones, setting the stage for Vietnam’s economic takeoff.
Vietnam’s Carbon Market: A Strategic Rethink to Sidestep Costly Consequences
According to experts, maintaining a harmonious balance between greenhouse gas (GHG) emissions reduction and economic development is paramount. To achieve this delicate equilibrium, it is crucial to thoroughly explore and meticulously assess a diverse range of scenarios involving design and governance options for Vietnam’s burgeoning carbon market.
“Strategic Public Investment for Vietnam’s Economic Prosperity”
Vietnam’s public investment disbursement for Q1 2025 demonstrated a positive trajectory, but the country still faces a formidable challenge in meeting its ambitious 95-percent disbursement target for the year.
The Emerging Global Financial Hub: Ho Chi Minh City’s Rise
Experts agree that Ho Chi Minh City is primed to become a global commodities exchange hub. With a proven track record of successfully exporting key goods on an international scale, the city boasts all the right ingredients to become a prominent player in the commodities market.
The Power of Infrastructure: Expressway Projects as Catalysts for Dynamic Socio-economic Growth
Owing largely to financial constraints, certain expressways continue to grapple with limitations pertaining to lane capacity and speed restrictions.
Vietnam’s Real Estate: The Shining Star of Southeast Asia
Vietnam’s economic resurgence, coupled with a booming office and residential market, and the soaring demand for industrial real estate, has caught the eye of investors worldwide. These factors have undoubtedly cemented the country’s position as a leading investment hub in the vibrant Southeast Asian region.
