Private sector enjoys breakthrough mechanisms from May 17
The National Assembly, with 429 out of 434 lawmakers in attendance voting in favor, on May 17 adopted Resolution 198/2025/QH15, introducing a range of supportive policies aimed at strengthening the private sector. These include measures to improve access to credit, facilitate land use, provide tax incentives, and ensure that economic relations are not subject to unwarranted criminalization. The Resolution officially took effect on the same day.