Politics · Vietnam Bureau
Vietnam's Deputy PM calls for removal of legal obstacles to growth
Vietnam's Deputy Prime Minister Le Tien Chau has directed government agencies and local authorities to identify and eliminate regulatory barriers that hamper economic development. The push aims to streamline rules affecting investment, production and business operations across the country.
LSN Vietnam ·
Deputy Prime Minister Le Tien Chau has instructed ministries, agencies and localities to conduct comprehensive reviews of existing legal frameworks, with a focus on identifying systemic bottlenecks that slow economic activity. The directive emphasizes the need for systematic analysis of regulations that create obstacles for investors and business operators.
The move reflects broader efforts by Vietnam's government to create a more business-friendly regulatory environment. Priority has been placed on removing or reforming rules that impede investment flows, production capacity and commercial activities, signaling a shift toward streamlining governance and institutional structures.
The initiative aligns with separate legislative work to strengthen Vietnam's legal foundation across multiple sectors. Lawmakers are currently working to complete legal frameworks governing education reform, while policymakers have also outlined plans for institutional reforms aimed at unlocking growth in the tourism industry. Officials stressed that sound policies, robust regulations and consistent implementation of the legal system remain essential to achieving these goals.
The call for regulatory reform comes as Vietnam seeks to maintain economic momentum and attract continued foreign and domestic investment in an increasingly competitive regional environment.