As of December 31, 2024, Vietnam had over 940,000 active businesses, with SMEs making up nearly 98%. These enterprises employ 5.5 million workers and hold a combined capital of 16.6 quadrillion VND (650.08 billion USD), accounting for less than 30% of the total business capital in the country.
Seeing institutional frameworks as both "bottleneck of bottlenecks" and "breakthrough of breakthroughs,” Vietnam is mapping out policies to develop the AI and semiconductor industries. The Government has pledged to slash at least 30% of cumbersome administrative procedures, step up decentralisation, enhance implementation capacity, and promote self-resilience and creativity among stakeholders, PM Pham Minh Chinh said.
In order to immediately implement Resolution No. 57-NQ/TW on breakthroughs in the development of science, technology, innovation, and national digital transformation, the Government has submitted a draft resolution on piloting several policies to remove obstacles in science, technology, and innovation activities, the PM noted.
Stressing that all ministries and localities must achieve a minimum growth rate of 8% to lay the groundwork for double-digit growth in the coming years, PM Pham Minh Chinh requested the Government members to propose measures to stabilise the macroeconomy, curb inflation, promote growth, revitalise both traditional and emerging growth drivers.
Prime Minister Pham Minh Chinh lauded the efforts made by ministries, agencies, localities, investors, contractors, project management boards, and thousands of workers who have been working on three shifts and staying at the construction sites throughout Tet to meet the requirements regarding progress and quality.
As part of his official visit to the Czech Republic, Prime Minister Pham Minh Chinh met with Czech Senate President Miloš Vystrčil in Prague on January 20 afternoon (local time).
Prime Minister Pham Minh Chinh and his spouse met with the staff of the Vietnamese Embassy and representatives of the Vietnamese community in Poland on January 16 evening (local time) as part of his official visit to the European country.
Prime Minister Pham Minh Chinh and a high-ranking Vietnamese delegation arrived in Hanoi on January 10 evening, concluding their two-day trip to visit Laos and co-chair the 47th meeting of the Vietnam - Laos Intergovernmental Committee for Bilateral Cooperation at the invitation of Lao Prime Minister Sonexay Siphandone.
Prime Minister Pham Minh Chinh has issued an official dispatch, highlighting critical steps that ministries, sectors and localities must take to reduce traffic accidents and strengthen road safety regulations.
Prime Minister Pham Minh Chinh has laid stress on the need to complete the resolution of obstacles for renewable projects by February 2025 to prevent wastefulness, contributing to ensuring electricity for development.