Tag: ASEAN

The signing of a Memorandum of Understanding between Ho Chi-Minh City and Binance, alongside the launch of the Global On-chain Economic (GOE) Alliance, marks a pivotal moment in the development of the IFC-HCM International Financial Center. This collaboration signifies a rare breakthrough, propelling the city’s vision to establish itself as a leading global financial hub.

In 2026, a pivotal resolution by the National Assembly underscored the imperative to evaluate civil servants based on performance outcomes (KPIs). This mandate aims to eradicate the pervasive issues of evasion, blame-shifting, and fear of accountability among certain officials.

Logistics, hailed as the lifeblood of the economy, has been thrust into the spotlight by Prime Minister Phạm Minh Chính. He has set ambitious targets for the sector, demanding annual growth of 15-16%, a contribution of 6-7% to GDP, and a reduction in logistics costs below the current 16%.