Vietnam is currently a "bright spot" globally with many macroeconomic indicators continuing to improve and upgrade. The World Bank's Business Ready 2024 report shows that Vietnam's business environment has many impressive rankings, with the Business Performance Index reaching 72.78 points, ranking in the top group of 50 economies assessed by the WB. Fitch Rating (International Credit Rating Organization) has also upgraded Vietnam's 2024 credit rating to BB+; Vietnam's Economic Freedom Index has increased by 13 places, to 59th place.

According to the 2024 report of the General Statistics Office, the whole country has more than 233,400 newly registered and resuming businesses, an increase of 7.1% compared to 2023; on average, nearly 19,500 newly established and resuming businesses per month.

This shows confidence in the investment and business environment in Vietnam of enterprises is increasing with policies and solutions to support enterprises to "overcome difficulties" having proven effective.

At the recently opened 13th Party Central Committee Conference, General Secretary To Lam also pointed out that the socio-economic development results of our country in 2024 with the successful completion of 15/15 main targets, many targets achieved outstanding results, higher than the targets reported to the Central Committee and the National Assembly, were highly appreciated by the people and the international community. This is also the basis for setting higher development goals in the following years, creating a foundation for national development in the new era. Specifically, by 2025, we will strive for GDP growth of 8% or more and strive to create momentum for continuous double-digit growth in the period of 2026-2030.

However, to realize the above goal, it is necessary to have solutions to remove institutional bottlenecks, unblock resources, seize opportunities, maximize potential and advantages of the space for the country to develop quickly and sustainably. Because in reality, in 2024, although the number of newly established enterprises increased, nearly 198,000 enterprises left the market, an increase of 14.7% compared to 2023; on average, nearly 16,500 enterprises left the market each month.

Thus, there are still many difficulties and barriers for businesses and the investment and business environment needs to be further improved. The Government, ministries, branches and localities are required to quickly find out "what needs to be done immediately" and must resolutely implement those things to be done immediately in order to achieve the set socio-economic development goals.

Therefore, in early January, the Government issued Resolution 02/NQ-CP directing key tasks and solutions to improve the business environment and enhance national competitiveness in 2025. The Resolution aims to further decentralize and delegate power to units and localities in the spirit of "local decisions, local actions, local responsibilities"; improve the quality of policy and law making; ministries, branches and localities implement plans to cut and simplify administrative procedures and effective business regulations; strive to increase the number of enterprises entering the market by at least 10% in 2025 compared to 2024, the number of enterprises withdrawing from the market is lower than in 2024, etc.

Economic experts and the business community believe that Resolution 02/NQ-CP in 2025 has aimed to properly address the bottlenecks of the economy, setting out specific and regular tasks to put pressure on ministries, branches and localities to take substantive actions in reform and public service implementation. In fact, in 2024, the pace of reform and improvement of the business environment has improved but not specifically, substantially, and even showed signs of slowing down due to the impact of common difficulties and challenges of the global economy.

The Government's issuance of Resolution 02/NQ-CP in 2025 is expected to promptly help remove bottlenecks in the investment and business environment, creating new growth momentum for businesses.

To effectively implement the Resolution, from the Government to ministries, branches and localities, it is necessary to be more decisive in directing; regularly dialogue, exchange, and promptly handle "bottlenecks" of policy conflicts to promptly and thoroughly remove barriers in investment and business activities. Thereby, contributing to promoting the country's economic growth, maintaining macroeconomic stability, creating breakthroughs for the business environment in 2025 and the following years, thereby enhancing Vietnam's position in global rankings.