The Vietnamese government has taken drastic steps to streamline its national bureaucracy by eliminating 697 administrative procedures and 1,754 business requirements deemed no longer relevant. This effort is part of a massive implementation of government resolutions focusing on digital transformation, the utilization of national data, and the decentralization of authority to regional levels.

As of mid-June 2026, this strategic move has yielded significant efficiencies. The processing time for administrative procedures has decreased by up to 53 percent, while compliance costs for businesses have been reduced by 54.6 percent compared to 2024. This policy is projected to save up to 23 trillion VND in compliance costs annually.

This restructuring is driven by a mandate to enhance national economic competitiveness, targeting central ministries to handle a maximum of 30 percent of total administrative procedures. To date, several agencies have shown progress, with the delegation of authority to local governments being intensified to ensure agile and seamless public services.

Beyond administrative efficiency, the investment sector has also undergone major simplification. Conditional business sectors have been reduced by approximately 40 percent compared to the 2020 legal framework. The government aims to fully complete the institutionalization of decentralization and regulatory simplification before March 1, 2027, involving revisions to hundreds of legal documents, including laws and ministerial decrees.