Vietnam’s newly merged Ministry of Finance is undergoing a major restructuring, cutting 3,600 administrative units - a 37.7% reduction - as part of the government's plan to streamline operations.

During a visit to Quang Nam, Prime Minister Pham Minh Chinh encouraged THACO Group to expand its expertise into railway manufacturing, starting with high-speed train carriages and eventually locomotives.

At a recent national conference on digital transformation, Prime Minister Pham Minh Chinh announced policies aimed at eliminating administrative red tape and enhancing public services, including a zero-fee policy for online public services.

Prime Minister Pham Minh Chinh has emphasized that Vietnam is undergoing a "bureaucratic revolution" to create a leaner, more efficient government.

The Ministry of Home Affairs has affirmed that the cost of compensating officials opting for early retirement during government restructuring is lower than maintaining their salaries for five years.

The government’s new directive requires major economic hubs to achieve rapid growth, with Bac Giang, Hai Phong, and Quang Ninh among those expected to exceed 12% GRDP in 2025.

The Ministry of Industry and Trade has identified five provinces in Vietnam as potential locations for large-scale nuclear power plants. These provinces are concentrated in the South Central, Central, and North Central regions.

Vietnam is targeting an 8% GDP growth rate in 2025 and double-digit expansion from 2026, but officials warn this will require extraordinary efforts.

Prime Minister Pham Minh Chinh has ordered a reduction in recurrent expenditures to below 60% of total budget spending, reallocating funds for economic development and major infrastructure projects.

At the government’s first monthly meeting of 2025, Prime Minister Pham Minh Chinh emphasized the need for Vietnam to prepare for potential global trade conflicts to avoid economic setbacks.

In a bid to optimize state management, the government is proposing the creation of six new ministries while maintaining 11 existing ones.

Prime Minister Pham Minh Chinh requested the Ninh Thuan nuclear power plants be completed by December 31, 2031 at the latest.

The Prime Minister has assigned EVN and PVN to spearhead Vietnam’s first nuclear power plants in Ninh Thuan, with an accelerated timeline for completion by 2031.

Prime Minister Pham Minh Chinh set post-Tet priorities for economic reforms and infrastructure projects after reporting increased wages and social support.

By reducing administrative agencies and restructuring leadership, Ho Chi Minh City is aligning itself with national goals for government efficiency and modernization.

Ho Chi Minh City is making strides toward its goal of a fully digital government by 2025, eliminating paperwork and transitioning all administrative processes to online platforms.

With Tet preparations in full swing, Prime Minister Pham Minh Chinh inspected railway services, encouraged digital transformation, and celebrated with passengers and staff at Hanoi Railway Station.

The Ministry of Home Affairs (MHA) has proposed that second-tier provinces be allowed to have an additional seven deputies, first-tier provinces an additional 10 deputies, and Hanoi and HCM City an additional 15 deputies.

Prime Minister Pham Minh Chinh has outlined six key pillars for ASEAN’s success in the smart era, emphasizing innovation, cooperation, and sustainability during his speech at Davos 2025.

A nationwide conference chaired by the Prime Minister will bring together government leaders and major real estate enterprises to advance social housing and market reforms.