HÀ NỘI – The two-tier local government model (province and commune levels) is streamlining administrative structures and unlocking new business opportunities by cutting time, costs, and red tape, experts say. Tourism, manufacturing, and retail firms report faster procedures, improved coordination, and more transparent support from local authorities. The model encourages business expansion, supply chain optimisation, and new investments, as seen in projects like the ASEAN+ Cultural Village in Vĩnh Long. While praising early results, businesses hope for greater decentralisation, digitalisation, and consistent policy execution, which they believe will further boost Việt Nam’s investment climate and competitiveness. (ICE HO CHI MINH CITY)

Fonte notizia: Vietnam News