At the very least, we must level the playing field, not place domestic businesses at a disadvantage. On top of that are procedures, red tape, and transaction costs - all of which weigh heavier on Vietnamese businesses. Both sectors - which together form the Vietnamese economy - must be uplifted in parallel to meet modern global standards. But if we only offer short-term relief, then return to high long-term interest rates, the core strategic problem remains unsolved. What Vietnamese businesses - the vast majority of which are small and fragile - really need is a low, stable, long-term rate environment.

Source: VietNamNet News January 21, 2026 11:09 UTC