{"id":255011,"date":"2025-07-11T02:09:15","date_gmt":"2025-07-11T02:09:15","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/255011\/"},"modified":"2025-07-11T02:09:15","modified_gmt":"2025-07-11T02:09:15","slug":"vietnams-private-sector-revolution-leaves-small-firms-under-a-cloud","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/255011\/","title":{"rendered":"Vietnam&#8217;s private sector revolution leaves small firms under a cloud"},"content":{"rendered":"<p data-dark-mode=\"false\" class=\"Paragraph_paragraph__2p1wC\">HO CHI MINH CITY &#8212; In Vietnam, an army of mom-and-pop street food vendors fuels the country, young and old, selling staples like banh mi for less than a dollar per sandwich. This legion is also front and center for Resolution 68 &#8212; part of the nation&#8217;s biggest <a class=\"Link_link__qPD1b\" href=\"https:\/\/asia.nikkei.com\/Politics\/Vietnam-s-To-Lam-stresses-reform-50-years-after-end-of-war\" target=\"_blank\" title=\"\" data-dark-mode=\"false\" rel=\"noopener\">economic reform<\/a> plans in four decades, designed to stimulate its private sector.<\/p>\n<p data-dark-mode=\"false\" class=\"Paragraph_paragraph__2p1wC\">Like the 5 million household firms authorities estimate are operating informally in Vietnam, many street vendors don&#8217;t pay tax and aren&#8217;t officially registered as businesses, experts say. The time, red tape and potential earnings-hit involved in registering micro-firms that often operate without collecting or issuing receipts are seen bringing no benefit, only burden, they say.<\/p>\n","protected":false},"excerpt":{"rendered":"HO CHI MINH CITY &#8212; In Vietnam, an army of mom-and-pop street food vendors fuels the country, young&hellip;\n","protected":false},"author":2,"featured_media":255012,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3090],"tags":[51,14035,1700,98035,53655,33043,44678,39771,98034,16,15,98033],"class_list":{"0":"post-255011","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-cloud","10":"tag-economy","11":"tag-firms","12":"tag-leaves","13":"tag-private","14":"tag-revolution","15":"tag-sector","16":"tag-small","17":"tag-uk","18":"tag-united-kingdom","19":"tag-vietnams"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114832170262815927","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/255011","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=255011"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/255011\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/255012"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=255011"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=255011"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=255011"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}