Businesses face new opportunities
According to Ms. Ly Kim Chi - Chairwoman of the Ho Chi Minh City Food and Foodstuff Association (FFA), from 2025 to now, the Central Government has issued many important policies to bring the country into a new stage of development, with pillars such as private economic development, science and technology, perfecting the legal institution and international integration. Along with that are strong reforms in the organizational structure, deploying the two-level local government model and rearranging administrative units.
The business community has long wanted a transparent business environment, streamlined administrative procedures, and reduced compliance costs. New policies have "hit" this expectation, reflected in the goal of minimizing 30% of administrative procedure processing time; exempting entry fees, corporate income tax exemption for small and medium-sized enterprises in the early stages; deploying online public services that do not depend on administrative boundaries...
Therefore, the biggest expectation of businesses after the 14th Congress is that these policies will continue to be institutionalized, implemented consistently and drastically, thereby creating confidence for businesses to boldly invest, expand production, and make practical contributions to the economy. The State creates a "iceberg", businesses will take off, together bringing the Vietnamese economy to sustainable development and rise.
Mr. Dinh Hong Ky - Chairman of the Board of Directors of Secoin Joint Stock Company said that 2026 is considered the first year of synchronous implementation of major orientations from the Resolution of the 14th Party Congress, so the Ho Chi Minh City business community is particularly interested in the changes in the investment and business environment and market prospects in the new period. According to him, the 14th Party Congress is not only politically significant but also an important milestone, creating long-term confidence and expectations for the private economic sector - the key driving force of growth.
From practical operations, Mr. Ky believes that businesses are facing a period of interweaving challenges and opportunities. Global economic fluctuations, increased input costs, requirements for digital transformation, green transformation and increasingly strict market standards create great pressure. However, new institutional reforms and policies after the Congress are also expected to open up room for businesses to expand production, access markets and improve competitiveness.
From a long-term perspective, Mr. Dinh Hong Ky, expects that after the 14th Congress, it will continue to strongly affirm the role of the private economy, creating a stable, consistent, and highly predictable legal corridor. When the business environment is transparent and costs comply with reasonable standards, businesses will be assured of long-term investment, innovation, digital transformation and deeper participation in the regional value chain, thereby contributing to improving the competitiveness and resilience of the economy.
Strong institutionalization is needed to realize the growth target
Mr. Nguyen Ngoc Hoa - Chairman of the Ho Chi Minh City Business Association said that the business community is very interested and excited about the determination of the Party and the State when setting a double-digit growth target. Notably, this target is not only aimed at 2026 but is also expected to be maintained for many years, creating a foundation for a new stage of development with substantive breakthroughs.
According to Mr. Hoa, to realize the goal and prerequisite is the synchronous involvement, first of all from institutions, mechanisms, policies and policies of the State. Reality shows that, besides general-oriented resolutions, there have been many resolutions and topics that are clear such as Resolution 68 on private economic development, Resolution 79 on state economic development, and resolutions on science and technology development, considering this as a key driving force for growth.
When there are specialized resolutions, the business community expects that authorities at all levels will continue to concretize them with decrees, policies and practical action programs. The State not only sets goals but also proactively builds development support tools, such as promoting the formation and operation of international financial centers.
For businesses, capital is a key tool. In the context that most businesses are small in scale and have limited resources, the promulgation of mechanisms to mobilize capital, attract investment funds, and expand financial access channels is very necessary and highly anticipated.
Along with that, Mr. Hoa hoped that the State would get involved urgently when implementing changes in the governance model such as merging provinces and cities, switching from three-level to two-level governments. The transition process needs to soon have specific guidance, especially clarifying decentralization and decentralization: what belongs to departments and branches, what belongs to wards and communes. At the same time, it is necessary to create conditions for officials to be confident and dare to fully exercise their assigned authority, thereby supporting businesses more effectively.
If these solutions are implemented synchronously, the business community believes that the double-digit growth target is well-founded and will have enough confidence to accompany the State in the process of realizing that goal.
