Vietnam’s two-tier local government model is a decisive, necessary step: SVEF Secretary

Chia sẻ
(VOVWORLD) - The apparatus restructuring with the two-tier local government model is a bold and necessary decision as Vietnam advances toward a more sustainable, efficient, and competitive development model, said Ms. Rachel Isenschmid, Secretary of the Switzerland–Vietnam Economic Forum (SVEF).
Vietnam’s two-tier local government model is a decisive, necessary step: SVEF Secretary - ảnh 1(Photo: VOV)

She said the move will enhance regional competitiveness and reducing the fragmentation of resources.

According to Ms. Isenschmid, this effort is particularly crucial in attracting international investment. When localities have larger market scales paired with clearer development strategies, they are better positioned to establish effective public-private partnerships that align with international standards.

The SVEF also recognizes the potential for establishing cross-border cooperation zones between Vietnamese provinces and Swiss and international partners, particularly in green finance, high-tech manufacturing, vocational training, and innovation-driven startups.

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