•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
Vietnam’s latest regulatory overhaul is expected to make the country more attractive to foreign investors and large-scale projects, according to Mr. Max-F. Scheichenost, a founding member of the Vietnam Private Capital Development Organization (VPCA).
On April 29, the Government issued eight resolutions that abolish 184 administrative procedures and 890 business conditions. The measures are designed to reduce implementation time and compliance costs by 50% compared with 2024.
Speaking at a press briefing on May 12 to announce information on the official VIPC Summit 2026, Mr. Scheichenost said removing regulatory hurdles is crucial for investors. He noted that when he first invested in Vietnam in 2014, obtaining an investment license took months, leading to long waits.
Mr. Scheichenost said Vietnam has completed one of the most consequential policy reform cycles in history, with structural shifts toward the private sector and venture capital. He described this as a signal that Vietnam is becoming an increasingly attractive investment destination.
VIPC Summit 2026 is planned for May 28 in Ho Chi Minh City. The event is expected to attract more than 1,500 domestic and international delegates, including ministries, local authorities, international financial institutions, venture funds, private equity funds, global technology groups, unicorns, startups, and AI experts.
Mr. Scheichenost said VIPC 2026 is intended to translate policy momentum into real capital investment in Vietnam’s most strategic sectors.
After the briefing, he shared an account of his experience in Hanoi on social media, contrasting ambitious discussions at the National Center for Innovation and Creativity (NIC) with everyday street life. He wrote that after speaking at the briefing, he sat on a plastic chair and ate a local dish beside scooters and street vendors, noting that traditional recipes have remained unchanged through generations.
He argued that this contrast reflects what makes Vietnam distinctive: rapid development alongside ambitious founders and globally skilled talent, while preserving culture and identity.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
