Vietnam

Vietnam Net - E | English | News | Jan. 23, 2026 | Corporate Corruption or Fraud

Le Minh Tri, Secretary of the Party Central Committee and Standing Deputy Head of the Central Internal Affairs Commission, revealed that during the 13th Party Congress term, many large-scale, highly organized corruption cases resembling interconnected "ecosystems" were uncovered and addressed. These corruption networks involved banks, securities firms, valuation agencies, and notary offices, with hundreds of affiliated companies manipulating stocks, rigging auctions, distorting public investment, and exploiting crises like the COVID-19 pandemic. The anti-corruption campaign was comprehensive, consistent, and led directly by the Party, significantly strengthening Party discipline, enhancing public trust, and reducing corruption, waste, and misconduct across government levels.

The campaign's success included improved asset recovery and tighter coordination between Party inspection bodies and judicial agencies. Moving forward under the 14th Party Congress, Le Minh Tri emphasized the need to reinforce Party leadership, uphold discipline, and implement a stricter yet humane legal framework that supports economic growth. He stressed the importance of legal and institutional reforms to close loopholes exploited by corrupt actors, eliminate regulatory deadlocks, and align with recent Politburo resolutions focused on legislative innovation and private sector development.

Prevention efforts will focus on strengthening transparency, expanding asset monitoring, and promoting cashless transactions. Empowering prosecutors to initiate lawsuits protecting public interests and encouraging voluntary cooperation for damage recovery are also priorities. The anti-corruption institutions must be efficient, with clear mandates from central to local levels, and policies should protect innovation while sanctioning irresponsibility. Le Minh Tri highlighted the need to foster a culture of integrity through education and to ensure anti-corruption bodies themselves maintain the highest ethical standards to effectively serve as guardians against corruption.

Bảo đảm cả nước không quá 3.000 dự án sử dụng vốn ngân sách trung ương

Dantri | Local Language | News | Jan. 23, 2026 | Regulation

On January 21, Minister of Finance Nguyễn Văn Thắng presented a paper at the Party’s 14th Congress outlining the need to perfect financial institutions and laws to support rapid and sustainable national development. The Ministry of Finance has actively contributed to removing bottlenecks by submitting key resolutions and issuing numerous legal documents to enhance economic competitiveness. Achievements include a 37.6% increase in registered enterprise capital since 2020, state budget revenues nearly 9.9 million billion VND, and significant growth in public investment and stock market capitalization.

Despite these successes, challenges remain such as aligning financial laws with technological advances, uneven policy implementation, inefficient capital use, and an underdeveloped capital market that has yet to become a primary channel for long-term economic capital. The government aims for an average GDP growth of 10% annually by 2030, reaching a per capita GDP of about 8,500 USD, with social investment capital around 40% of GDP.

To achieve these goals, the Ministry of Finance will prioritize issuing guiding documents for new laws early in 2026 and institutionalizing Party resolutions to drive economic component development. Emphasis will be placed on strengthening the state economy’s leading role, developing the private sector as the key growth driver, supporting cooperatives, and attracting foreign investment. An expansive fiscal policy closely coordinated with monetary and other policies will be pursued to ensure economic growth and financial stability.

A key strategy is restructuring public investment by improving efficiency, focusing resources on breakthrough projects, and limiting the number of central government budget-funded projects nationwide to no more than 3,000 to better leverage investment from other economic sectors. Additionally, stock market development will deepen to mobilize medium- and long-term capital effectively, including attracting international funds. The Ministry commits to advancing law enforcement and financial policies to ensure sustainable and synchronized economic growth in line with the Party’s 14th Congress objectives.

Vietnam Net - E | English | News | Jan. 23, 2026 | UndeterminedEconomic Growth

During a recent working session leading up to the 14th Congress, Vietnamese delegates engaged in detailed discussions on draft policy documents shaping the country's future development. Prime Minister Pham Minh Chinh highlighted lessons from the previous government term and stressed the importance of institutionalizing the Party’s resolutions to generate new growth drivers. He emphasized economic development as the central goal, with balanced focus on national defense, foreign affairs, security, culture, and social welfare. The Prime Minister pointed to a shift from reactive governance to agile, science-based policy implementation, citing Vietnam’s successful COVID-19 vaccine campaign and responses to global challenges as examples of this new approach. Looking ahead, he reaffirmed the ambition for double-digit economic growth by 2030, requiring bold reforms, strong project execution, and a dynamic mindset.

Deputy Prime Minister Mai Van Chinh underscored “self-reliance and resilience” as key principles underpinning Vietnam’s sustainable rise, aiming to reduce external dependency. He stressed that party documents must be concise, actionable, and clearly assign responsibilities, resources, and outcomes. National defense strategy should clarify allies and challenges while promoting dual-use defense industries to integrate economic and strategic interests. Delegates highlighted the need for concrete growth targets such as per capita income and the Human Development Index, and emphasized strengthening agriculture as a strategic sector with increased public investment to leverage private and foreign capital.

The focus on innovation, sustainability, and technology-driven growth was significant. Delegates from Ho Chi Minh City urged policies to elevate labor productivity, science and technology contributions, and green development. They highlighted Vietnam’s current overreliance on low-value manufacturing and called for digital economy strategies centered on AI, digital governance, and the digital society as new growth engines. Environmental concerns, especially water security and marine resource protection in the Mekong Delta, were also raised. Supporters of shifting towards knowledge-based, innovation-driven growth noted the intensifying global competition in technology and cyberspace and advocated for building strategic autonomy through knowledge power and coordinated diplomacy.

Central to the discussions was the role of the people as the foundation of Vietnam’s strength. Delegates called for clearer policy articulation on empowering citizens as agents of change and for detailed implementation plans to foster national unity and solidarity. Overall, the draft documents were seen as reflecting collective intelligence and will, providing a political foundation as Vietnam embarks on an era characterized by self-reliance, transformative growth, and national pride.