The Vietnamese government is taking significant steps through various policy proposals aimed at enhancing notary services, supporting student entrepreneurship, and advancing educational infrastructure. These measures reflect the government’s commitment to improving state management and fostering economic growth, particularly through small and medium-sized enterprises (SMEs).
On February 27, 2025, the Ministry of Justice revealed its plans to revise the Notary Law of 2024. Following the implementation of the 2014 Notary Law and its revisions, officials there acknowledged the need for updates to improve operational efficiency. The Minister of Justice highlighted the necessity of drafting new regulations to replace the existing circulars, particularly those established under the previous laws.
"To implement the Notary Law of 2024, the Ministry of Justice needs to draft new regulations to simplify and improve state management, including the training of notaries," said the Ministry's spokesperson. This newly proposed regulation not only aims to maintain effective management practices but also strives to align training programs with updated legal standards.
Meanwhile, at another significant conference held on the same day, Đỗ Quang Hiển, Chairman of T&T Group, called for support for student entrepreneurs as part of broader efforts to bolster SMEs. At the Government's meeting with small and medium enterprises, he emphasized, "If supported correctly, student entrepreneurs can become the core of SME development, which is urgent for our economy." Hiển's initiative suggests partnering large corporations with universities to nurture entrepreneurial talent from within the student body.
Hiển proposed advocating for business leaders to participate actively in university programs aimed at nurturing startup ideas. He pointed out the paradox of having incredibly talented youth yet not leveraging their potential effectively to build stronger enterprise foundations. He suggested creating partnerships where established companies could guide and support promising student business projects from their inception through to completion.
Significantly, T&T Group has already taken steps to execute this philosophy by establishing collaborations with prestigious institutions, such as the National University of Hanoi. These initiatives include funding scholarships and creating innovation funds set to provide tangible support to students with promising ideas.
During their plan to bolster education, T&T Group's partnership with SHB has also introduced the SHB-VNU Practice Center for Financial Banking, aimed at developing skilled professionals for the financial sector. This modern facility encompasses state-of-the-art technology and aims to improve the competency of students entering the workforce.
These combined efforts aim to create wealth using the talented youth of Vietnam, potentially revolutionizing the SME sector and positioning the country for sustainable economic growth.
On February 28, the Vietnamese Ministry of Defense convened a meeting to discuss the restructuring of local military organizations. Đại tướng Phan Văn Giang emphasized the importance of aligning military structure reforms with national defense strategies. He stated, "Local military organization must be aligned with our national defense strategies as per recent political resolutions." This meeting highlighted the need for cohesive planning and implementation strategies to guide military preparedness over the coming decade.
Diminishing geopolitical threats reinforces the relevance of military readiness, prompting the Ministry to adjust its frameworks accordingly. The Vietnamese government aims to refine its defense posture by including local military realities, acknowledging unique geographic and demographic challenges.
By engaging varied local military organizations with updated governmental objectives and policies, Vietnam seeks to establish capable civil forces adept at ensuring public safety and contributing to comprehensive defense strategies.
Overall, Vietnam’s suite of government policy proposals captures the essence of modernization across facets of governance—education, entrepreneurship, and defense. By fostering student involvement, ensuring effective notary services, and restructuring military organizations, the government highlights its dedication to creating a vibrant socioeconomic future. The strategies discussed seek connectivity within these sectors, anticipating fruitful collaborations to stimulate national growth.