Phu Tho, Aug. 15 -- The private sector is increasingly emerging as a key growth engine of the economy. To unleash its potential and ensure sustainable development, the northern province of Phu Tho is stepping up institutional and administrative reforms to cut costs, shorten procedures, and build a more transparent, business-friendly investment climate.

These efforts are helping unlock social resources, improve the investment environment, and create fresh momentum for the private sector's growth in line with the Political Bureau's Resolution No. 68-NQ/TW.

The impact of administrative reform is evident in the progress of major projects that had been stalled or delayed for years.

In Luong Son commune, site clearance for the Queen Valley R...