Close Menu
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
What's Hot

Home Depot eyes a deal — plus, casual dining shines and TikTok ban is delayed once more

June 20, 2025

SBP injects record high Rs14.3trn in banks for seven days – Markets

June 20, 2025

Investors are shaken, but not yet stirred

June 20, 2025
Facebook X (Twitter) Instagram
Friday, June 20
Facebook X (Twitter) Instagram
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
World Economist – Global Markets, Finance & Economic Insights
Home » Vietnam’s To Lam makes ‘fast and furious’ move to cut bureaucracy in quest for lean ‘new era’
Asia

Vietnam’s To Lam makes ‘fast and furious’ move to cut bureaucracy in quest for lean ‘new era’

adminBy adminApril 28, 2025No Comments2 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
Share
Facebook Twitter Pinterest Email Copy Link
Post Views: 78


In the quest to hasten a “new era” for Vietnam, Communist Party Chief To Lam is reducing a bloated bureaucracy, including cutting the number of provinces in half, in the boldest administrative reforms in decades that experts say will also extend his influence.

The plan to reduce the country’s municipalities and provinces from 63 to 34 was approved by Vietnam’s Central Committee on April 12.

That means, the country’s largest metropolis, Ho Chi Minh City, which currently has around 10 million residents, will soon absorb the neighbouring manufacturing powerhouse Binh Duong and the coastal province of Ba Ria – Vung Tau.

“I’m OK with it,” said a resident in his 30s in Ho Chi Minh’s suburbs, who requested anonymity due to the topic’s political sensitivity.

“People say that Ho Chi Minh City now has a beach.”

Overall, the restructuring has been positively received, with analysts predicting that it will reduce red tape and enhance development potential through improved access to coasts and ports. Provincial leaders will also be empowered to make quicker decisions, such as issuing business licences.

The consolidation is part of To Lam’s broader reform mission, which includes cutting government ministries and committees, eliminating district-level governments, and laying off 100,000 public sector employees.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
admin
  • Website

Related Posts

Asia

US woman sues Singapore Airlines over alleged allergy oversight that led to emergency landing

June 20, 2025
Asia

Will India and Canada move beyond ‘past rancour’ and normalise ties quickly?

June 20, 2025
Asia

Asean credibility at stake amid soaring Thailand-Cambodia border tensions: analysts

June 20, 2025
Asia

UK’s F-35B plane lands in India, sparking talk of link to Israel-Iran conflict

June 20, 2025
Asia

Not cool: Japanese police sweat over surge in theft of air conditioners

June 20, 2025
Asia

South Korea’s ruling in Plave libel case reshapes avatar rights in the metaverse era

June 20, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

SBP injects record high Rs14.3trn in banks for seven days – Markets

June 20, 2025

Budget FY25-26: Finance bill still being discussed, says FBR – Markets

June 20, 2025

Budget FY25-26: Finance bill still being discussed, says FBR – Markets

June 20, 2025

Adamjee Insurance to divest 6.5% stake in subsidiary – Business & Finance

June 20, 2025
Latest Posts

PSX hits all-time high as proposed ‘neutral-to-positive’ budget well-received by investors – Business

June 11, 2025

Sindh govt to allocate funds for EV taxis, scooters in provincial budget: minister – Pakistan

June 11, 2025

US, China reach deal to ease export curbs, keep tariff truce alive – World

June 11, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Recent Posts

  • Home Depot eyes a deal — plus, casual dining shines and TikTok ban is delayed once more
  • SBP injects record high Rs14.3trn in banks for seven days – Markets
  • Investors are shaken, but not yet stirred
  • Budget FY25-26: Finance bill still being discussed, says FBR – Markets
  • Budget FY25-26: Finance bill still being discussed, says FBR – Markets

Recent Comments

No comments to show.

Welcome to World-Economist.com, your trusted source for in-depth analysis, expert insights, and the latest news on global finance and economics. Our mission is to provide readers with accurate, data-driven reports that shape the understanding of economic trends worldwide.

Latest Posts

Home Depot eyes a deal — plus, casual dining shines and TikTok ban is delayed once more

June 20, 2025

SBP injects record high Rs14.3trn in banks for seven days – Markets

June 20, 2025

Investors are shaken, but not yet stirred

June 20, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Archives

  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • June 2024
  • October 2022
  • March 2022
  • July 2021
  • February 2021
  • January 2021
  • November 2019
  • April 2011
  • January 2011
  • December 2007
  • July 2007

Categories

  • AI & Tech
  • Asia
  • Banking
  • Business
  • Business
  • China
  • Climate
  • Computing
  • Economist Impact
  • Economist Intelligence
  • Economy
  • Editor's Choice
  • Europe
  • Europe
  • Featured
  • Featured Business
  • Featured Climate
  • Featured Health
  • Featured Science & Tech
  • Featured Travel
  • Finance & Economics
  • Health
  • Highlights
  • Markets
  • Middle East
  • Middle East & Africa
  • Middle East News
  • Most Viewed News
  • News Highlights
  • Other News
  • Politics
  • Russia
  • Science
  • Science & Tech
  • Social
  • Space Science
  • Sports
  • Sports Roundup
  • Tech
  • This week
  • Top Featured
  • Travel
  • Trending Posts
  • Ukraine Conflict
  • Uncategorized
  • US Politics
  • USA
  • World
  • World & Politics
  • World Economy
  • World News
© 2025 world-economist. Designed by world-economist.
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.