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The Government Proposes a Special Mechanism Transition for Five Major Post-Merger Cities

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The government asserts that maintaining specific mechanisms and policies for localities currently in practice will foster new growth dynamics and provide a boost to the local economy post-merger and reorganization of administrative units.

The Ultimate Investment: Central Government’s Massive Funding for Phu Quoc’s Future

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The government will fund up to 70% of public investment capital for a series of strategic infrastructure projects for APEC 2027 in Phu Quoc, with the remaining balance to be sourced from local budgets. These include a freshwater reservoir, the APEC Convention Center, the APEC Boulevard, an urban railway system, and connecting transport links. With investment costs running into the trillions of dong, these projects are slated for completion by mid-2027.

“The Fantastic Four: Unlocking Vietnam’s Soaring Future” Let me know if you would like...

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General Secretary To Lam affirmed that the four resolutions on law, innovation, integration, and private sector development will serve as the "four pillars" that lay the institutional foundation for Vietnam's advancement towards its goal of becoming a high-income nation by 2045.