The Ministry of Justice has publicly released the appraisal dossier for the draft decree detailing several provisions of Resolution No. 250/2025/QH15 on enhancing the effectiveness of international integration. The Ministry of Industry and Trade is the lead agency responsible for drafting the document.
According to the Ministry of Industry and Trade, after 40 years of renewal, the country’s international integration process has evolved from initial engagement to full integration; from the position of a latecomer to that of a rising and pioneering nation in new fields. This is a crucial direction in the new era, contributing to the realization of the vision of becoming a developed, high-income country by 2045.
In recent years, participation in free trade agreements (FTAs) has helped the country achieve notable socio-economic development milestones.
Specifically, in 2025, Vietnam’s economy recorded GDP growth of approximately 8.62%, exceeding the set target. The GDP size was estimated at around USD 514 billion, allowing Vietnam to maintain its position as one of the largest economies in Southeast Asia.
Disbursed foreign direct investment (FDI) reached about USD 27.6 billion, a high level in recent years. Total import-export turnover hit approximately USD 930 billion, rising sharply from the previous year and keeping Vietnam among the world’s top 20 trading economies.
However, international integration efforts in many areas still face challenges. Notably, FTAs have yet to achieve sufficient depth, as reflected in the declining share of domestic enterprises in total exports; the low localization rate among FDI enterprises; and weak linkages between domestic and foreign-invested firms.
Vietnamese enterprises, identified as the “center,主体,动力 and key driving force” of international integration, continue to face difficulties related to internal capacity and support mechanisms.
Therefore, the Ministry of Industry and Trade has proposed the development and operation of an FTA utilization ecosystem.
“This can be considered a comprehensive and critical solution to address challenges and support enterprises, cooperatives, and production and business households in effectively leveraging the benefits of FTAs,” the draft submission stated.
Under the draft decree, the ministry proposes a range of support mechanisms for businesses participating in this ecosystem, including administrative procedures, technology support, information and human resources; sector- and value chain-based consultancy; support for enhancing production and business linkages; brand development, connectivity and market expansion; as well as consultancy on standards, technical regulations, metrology and quality.
Notably, the ministry proposes an interest rate support mechanism applied periodically for enterprises, cooperatives, and production and business households participating in the FTA utilization ecosystem.
Accordingly, businesses would receive interest rate support when borrowing medium- and long-term capital from credit institutions to implement production and business plans or projects under programs and activities of the ecosystem.
The implementation principle stipulates that enterprises must not concurrently benefit from other state interest rate incentive policies during the same period.
The state budget will subsidize interest rates for eligible entities—enterprises, cooperatives, and business households—through a post-investment support mechanism. Each entity will be entitled to interest rate support for one production or business plan or project within a given period.
Enterprises, cooperatives, and business households will obtain loans based on appraisal and lending decisions made by credit institutions in accordance with their regulations.
Regarding the support mechanism, in each period, the state budget will directly compensate an interest rate difference of 2% per year on loans for enterprises, cooperatives, and production and business households that are members of the FTA utilization ecosystem.
Beneficiaries of the interest rate support will be legally responsible for the accuracy of the information provided regarding eligible production and business plans or projects, and must repay the subsidized interest amount in case of violations of credit institution regulations.
Source: vneconomy.vn
