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Did you hear the three bells ringing from all temples and churches, praying for Vietnam’s peace and prosperity as the country implements significant administrative and geographical mergers starting from July 1, 2025? This merger is part of a broader national reform that reduced Vietnam’s 63 provinces and cities to just 34, aiming to streamline governance and boost national development. While this change may seem insignificant to many provinces, for Ho Chi Minh City, it cannot be underestimated.
Vietnam is undergoing a significant government restructuring, a strategic initiative designed to improve governance, increase efficiency, enhance transparency, and strengthen its global competitiveness. This complex process will reshape the business environment, requiring careful analysis and adaptation.
In a world of uncertainty, the most common reaction is to pause and be patient. However, what if change is the only certainty we have? Binh Le, CEO and Head of Advisory, and Helen Do, Partner, Advisory & Head of TMT, explain why businesses must develop the ability to stay resilient and be future-ready to navigate and also capitalise on opportunities.
Vietnam is undergoing a significant government restructuring, a strategic initiative designed to improve governance, increase efficiency, enhance transparency, and strengthen its global competitiveness. This complex process will reshape the business environment, requiring careful analysis and adaptation.
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