Tearing down barriers: Institutional reform as the key to 10% growth - News Summed Up

Tearing down barriers: Institutional reform as the key to 10% growth


It must rest on productivity, innovation, and the competitiveness of domestic enterprises - coupled with improved income levels and greater consumer purchasing power. Consumption accounts for about two-thirds of GDP, and the domestic market remains the primary playing field for most Vietnamese businesses. How would you assess the competitiveness and productivity of Vietnam’s private enterprises as we pursue this high-growth goal? Among the current growth drivers - public investment, FDI, and domestic private enterprises - which do you see as the decisive long-term engine? But no sector can replace the internal strength of Vietnamese businesses - where knowledge, competitive capacity, and the country’s spirit of innovation are concentrated.


Source: VietNamNet News February 02, 2026 11:04 UTC



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