Aug 25, 2026 · 11 min · 7 segments
For many years, reforming investment and business conditions has always been considered one of the important focuses of the process of reforming economic institutions in Vietnam. From major reviews in…
From pre-inspection to post-inspection, a step in the right direction.
One notable feature of this draft is that many proposals are built on a clear shift in thinking from pre-inspection to post-inspection oversight.
This direction is consistent with the broader push for institutional reform and with international practice.
In their explanatory notes, several ministries argue that maintaining licensing requirements is no longer necessary in fields where risk can instead be managed through technical standards, professional codes of conduct, specialized inspections, or post-activity sanctions.
For example, the Ministry of Justice has proposed eliminating licensing requirements for professions such as asset auction services, bailiff services, and asset management and liquidation in bankruptcy proceedings, arguing that these can instead be governed by professional standards combined with post-inspection oversight.
The Ministry of Education and Training has likewise proposed removing education quality accreditation from the conditional business list, arguing that this activity is, in essence, an independent professional evaluation function rather than an ordinary commercial activity.
Similarly, the Ministry of Culture, Sports and Tourism has proposed eliminating conditions for a range of business lines, including karaoke services, dance halls, accommodation, museums, and electronic gaming for foreign patrons, arguing that these can gradually shift towards specialized standards and stronger post-inspection oversight rather than remaining under conditional licensing.
From a regulatory thinking standpoint, this is a positive shift.
In a modern market economy, the state should not intervene too deeply in the freedom to do business through a request and approval mechanism when risk can be managed through other tools that are less costly for businesses.
Maintaining an excessive number of licenses, certificates, or market entry conditions does not always improve service quality, but it does create significant compliance costs, prolong market entry, and open the door to administrative red tape and potential abuse.
From pre-inspection to post-inspection, a step in the right direction.
One notable feature of this draft is that many proposals are built on a clear shift in thinking from pre-inspection to post-inspection oversight.
This direction is consistent with the broader push for institutional reform and with international practice.
In their explanatory notes, several ministries argue that maintaining licensing requirements is no longer necessary in fields where risk can instead be managed through technical standards, professional codes of conduct, specialized inspections, or post-activity sanctions.
For example, the Ministry of Justice has proposed eliminating licensing requirements for professions such as asset auction services, bailiff services, and asset management and liquidation in bankruptcy proceedings, arguing that these can instead be governed by professional standards combined with post-inspection oversight.
The Ministry of Education and Training has likewise proposed removing education quality accreditation from the conditional business list, arguing that this activity is, in essence, an independent professional evaluation function rather than an ordinary commercial activity.
Similarly, the Ministry of Culture, Sports and Tourism has proposed eliminating conditions for a range of business lines, including karaoke services, dance halls, accommodation, museums, and electronic gaming for foreign patrons, arguing that these can gradually shift towards specialized standards and stronger post-inspection oversight rather than remaining under conditional licensing.
From a regulatory thinking standpoint, this is a positive shift.
In a modern market economy, the state should not intervene too deeply in the freedom to do business through a request and approval mechanism when risk can be managed through other tools that are less costly for businesses.
Maintaining an excessive number of licenses, certificates, or market entry conditions does not always improve service quality, but it does create significant compliance costs, prolong market entry, and open the door to administrative red tape and potential abuse.
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