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Experts and the business community believe that, with a synchronous approach from institutions, infrastructure, technology to people and management, under the direction and management of the Government and Prime Minister, Vietnam will enter a new phase of development faster, more sustainable and have a higher position in the international arena. Download Experts and the business community believe that Vietnam will enter a new stage of faster, more sustainable development and have a higher position in the international arena. Promoting new growth drivers Comments on the Additional Assessment Report on the results of implementing the 2025 socio-economic development plan; On the implementation of the 2026 socio-economic development plan presented by Prime Minister Le Minh Hung to the National Assembly (Report), Mr. Lu Nguyen Xuan Vu, Chairman of the Saigon Businessmen Association, said the business community highly appreciated this content. With the effective implementation of the proposed solutions, especially institutional reform, infrastructure development and promotion of innovation, the growth target of over 10% can be completely achieved in 2026 and the following years. Download Mr. Lu Nguyen Xuan Vu, Chairman of the Saigon Businessmens Association - Photo: VGP/LA Chairman of the Saigon Businessmens Association Lu Nguyen Xuan Vu said the business community expects the new Government to focus on three key directions: First, stronger and more substantive institutional reform. Businesses want a transparent and stable business environment. Moving from pre-check to post-check, simplifying administrative procedures and improving policy implementation efficiency will be the decisive factor to unlock social resources. Second, promote new growth drivers. Innovation, digital transformation, digital economy and science and technology should be considered the main pillars of the new growth model. This is also a condition for Vietnamese businesses to improve their competitiveness and participate more deeply in the global value chain. Third, strengthen the States accompanying role with businesses. The business community expects that capital, market and legal obstacles will continue to be resolved promptly, thereby creating conditions for the private economic sector to promote its role as an important driving force of the economy. Along with that, maintaining macroeconomic stability, controlling inflation and ensuring major balances are the foundation for businesses to feel secure in long-term investment in the context of high growth goals, Mr. Vu emphasized. Expecting implementation capacity and substantive reform in new term From an expert perspective, Dr. Huynh Thanh Dien believes that growth of over 10% is a necessary requirement for Vietnam to overcome the middle income trap and move towards the goal of becoming a developed country by 2045. In the context of the global economy being strongly restructured in terms of supply chains, capital flows and development space, opportunities have opened up but will not transform into growth without quick enough and strong enough action. Reality shows that the pre-check mechanism is still a big barrier, especially in the areas of development. fields such as environment, construction and fire prevention and fighting, where procedures are long, overlapping and inconsistent, increasing costs, missing investment opportunities and eliminating business motivation. Therefore, the strong shift from pre-inspection to controlled post-inspection is considered a breakthrough reform. For areas that already have clear standards and regulations, it is necessary to allow businesses to proactively implement them on the basis of commitment to compliance, instead of having to go through the ask-wait-approval process. Download Economist, PhD. Huynh Thanh Dien believes that growth of over 10% is a necessary requirement for Vietnam to overcome the middle income trap and move towards the goal of becoming a developed country by 2045. According to Dr. Huynh Thanh Dien, this approach does not weaken management, but shifts to a more effective management method: Pre-audit focuses on core risks; Post-inspection is enhanced with data, technology and strong sanctions, while at the same time attaching direct responsibility to the implementing entity. At the macro level, Dr. Huynh Thanh Dien believes that the new Government needs to simultaneously solve three major bottlenecks of the economy with systematic solutions: Restructuring logistics towards modernity and integration; shifting from development based on administrative boundaries to development based on regions and economic corridors; improving total factor productivity (TFP) through technological innovation and management, upgrading the value chain. The core of every solution is still implementation capacity. The biggest bottleneck today is not the lack of policy but the delay and fragmentation in implementation. Therefore, a breakthrough in implementation is needed: Establish a strong enough coordination mechanism, operate based on data, decentralize with accountability and create a flexible institutional space for testing and adjustment Only when implementation capacity is improved will reforms on market entry and cost transparency really come to life, creating a driving force for growth, Dr. Huynh Thanh Dien emphasized. Strengthening belief in internal strength and desire for developmentDownload Lawyer Nguyen Van Hau, Chairman of the Vietnam Lawyers Commercial Arbitration Center - Photo: VGP/LA Agreeing with the above viewpoint, lawyer Nguyen Van Hau, Chairman of the Vietnam Lawyers Commercial Arbitration Center, said that the feasibility of the growth target (over 10%) lies not only in the numbers but also in the synchronous and in-depth system of solutions that the Government has proposed. Focusing on perfecting institutions and reducing administrative procedures, Removing bottlenecks is considered to be in the right direction
