Vietnam Government’s Business Initiatives in 2025

Introduction

As Vietnam positions itself for economic growth and global competitiveness, the government has outlined key initiatives. This is to foster business development in 2025. With a focus on digital transformation, investment-friendly policies, and sustainability, these initiatives aim to streamline business operations, attract foreign investment, and boost economic resilience.

Initiative #1: National Digital Transformation Strategy

One of the primary business initiatives for 2025 is Vietnam’s National Digital Transformation Strategy. The government is actively encouraging businesses to adopt digital tools, optimise e-commerce platforms, and enhance cybersecurity measures. As part of this effort, the government is actively promoting the digitalisation of enterprises, providing incentives for SMEs and large corporations to integrate emerging technologies such as artificial intelligence (AI), blockchain, and cloud computing into their operations. Furthermore, the Vietnamese government is prioritising e-government expansion to facilitate business operations by reducing bureaucratic hurdles. By improving online administrative procedures and digitising government services, the country aims to make business registration, tax filing, and compliance processes more efficient and transparent.

Initiative #2: Business-Friendly Investment Policies

To attract both local and foreign investors, the Vietnamese government is refining investment regulations and reducing unnecessary business barriers, making it easier to establish and operate businesses in the country. With the revised Law on Investment (effective 2025), Vietnam aims to create a more transparent and investor-friendly environment, reinforcing its reputation as one of the most attractive destinations for foreign direct investment (FDI) in Southeast Asia.

Particularly, a major improvement in this revised law is the streamlining of business registration procedures. The government is implementing faster processing of business licenses and approvals, significantly reducing the time required to establish a company. This initiative is particularly beneficial for startups and foreign enterprises, as it simplifies legal formalities and eliminates redundant bureaucratic steps. Consequently, digitalisation of investment approval processes will further improve efficiency, allowing businesses to submit applications online and receive approvals in a shorter timeframe.

Additionally, the Vietnamese government is introducing sector-specific incentives to promote investment in high-potential industries. Special tax incentives, land-use benefits, and financial support are being offered to businesses in high-tech, renewable energy, and export-driven industries. The government’s focus on technology innovation, green energy, and manufacturing aligns with Vietnam’s broader economic development strategy and sustainability goals. For example, companies involved in solar and wind energy projects are eligible for preferential tax treatment and investment support, encouraging sustainable business practices.

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Conclusion

Vietnam’s business landscape in 2025 will be shaped by its National Digital Transformation Strategy, pro-investment policies, and sustainability initiatives. These government-led efforts aim to drive economic growth, enhance competitiveness, and make Vietnam an attractive hub for businesses and investors alike.

With ongoing policy improvements and digitalisation efforts, setting up a business in Vietnam is becoming more accessible than ever. Entrepreneurs and investors should keep a close eye on these developments to maximise opportunities in Vietnam’s evolving market.

Sources

Vietnam Law Library, Vietnam’s national action plan for digital economy development during 2024-2025, https://thuvienphapluat.vn/news/headlines/76853/vietnam-s-national-action-plan-for-digital-economy-development-during-2024-2025

Government News Portal, Gov’t approves digital infrastructure strategy, https://en.baochinhphu.vn/govt-approves-digital-infrastructure-strategy-11124101010505598.htm

Law No. 57/2024/QH15 of the National Assembly https://vanban.chinhphu.vn/?pageid=27160&docid=212485&classid=1&orggroupid=1