Implementing major resolutions of the Politburo and the Government on institutional reform, the Ministry of Finance is rolling out a coordinated programme to cut business conditions and simplify administrative procedures, aiming to reduce compliance costs and time, improve the investment and business climate, and promote sustainable growth.

From now until late 2025, Viet Nam aims to eliminate at least 30% of business-related conditions; and cut processing time for administrative procedures and compliance costs by at least 30%.