From theory to practical evidence
Right at the beginning of the article: "New motivation for economic development", General Secretary To Lam quoted the classic ideology of Marx and Lenin to affirm the central role of material production for social transformation. Accordingly, all social reforms or metabolism have been concreted from the production platform, in which labor productivity is a superior measure of the new regime. This shows that, with our Party, economic development - especially production economy, creative innovation - is not only a technical task, but the nature of the process of building socialism.
According to the General Secretary, Marxist-Leninist theory has proven that: To build socialism with the foundation of "rich people, strong country, democracy, fairness, civilization", it must start with improving labor productivity, expanding production scale and in this era, no one else, the private economic sector is the force that carries the strongest spirit.
The General Secretary cited three typical cases: Russia, China and Vietnam itself to prove that thesis.
For Vietnam, the journey affirms the private economic role emphasized from the 6th Congress. In particular, from the X Congress onwards, the private economy is not only "recognized" but also considered one of the important drivers of the economy. After nearly 40 years of innovation, from discrimination, this area has reached more than 40% of GDP, creating millions of jobs and is a "lever" for many localities to take off.
Starting with Resolution 68
The most prominent point in the General Secretary's article is the content revolving around Resolution No. 68-NQ/TW - a document issued by the Politburo on May 4, 2025, which is a breakthrough in institutional reform for the private economic sector.
This Resolution clearly establishes: Private economic development is not only an economic goal, but an overall strategy associated with the comprehensive innovation of the socialist-oriented market economy institution. In particular, the key point is the new administrative thinking: From "control" to "assisting"; from "management" to "service".
The General Secretary proposed many drastic actions such as establishing a National Steering Committee on the implementation of Resolution 68, promoting post-inspections instead of pre-inspections in handling investment - business procedures and considering support for businesses as a criterion for assessing the responsibility of heads of ministries, branches and localities.
The most emphatic and novel part of the article is to emphasize the requirement of "especially paying attention to supporting small and micro enterprises" - a force that accounts for more than 90% of the number of enterprises but is weak in capital, technology and market access.
The General Secretary requested the immediate implementation of a special preferential credit package for small and medium-sized enterprises, through the State Credit Guarantee Fund. At the same time, it is necessary to reserve 5-10% of land funds in high-tech industrial parks for startups to rent at preferential prices, expand legal sandboxes for Fintech, AI, digital agriculture, etc. This is a sweeping reform declaration, expressing a breakthrough thinking in the way of viewing development resources.
The construction of free legal consulting centers for small and medium-sized enterprises in localities is also identified as the key to "unticking" procedures and minimizing legal risks - something that the business community has repeatedly called for help from.
Not only stopping at policy, the General Secretary also proposed to elevate entrepreneurs to become a strategic force. These are people who have the desire to get rich, are responsible for society, are both implementers and policy makers.
The proposal to establish a National Private Business Council is an idea to institutionalize the consulting role of enterprises in national governance. This is a strategic step, as the world increasingly values the models of "government creation - companionship of businesses".
Reform declaration
Analysis of Resolution 68 as well as the messages from the article "New motivation for economic development" by General Secretary To Lam, Lawyer Nguyen Hong Chung - Vice Chairman of the Vietnam Finance and Industrial Park Finance Association (VIPFA) - said that the Resolution and article of the General Secretary has established the private economy as the most important driving force of the national economy, this is a clear shift in terms of ideological and political thought.
Putting the private sector in the center, accompanying the State economy and the collective economy, is not only a recognition but also a political commitment to promote comprehensive development - Lawyer Nguyen Hong Chung assessed.
"For the first time, the Party clearly stated the request" thoroughly eliminate prejudice "," see businessmen as a soldier of the Economic Front ", and" give ownership and competition rights to the private economy ". These phrases are not only political words, but also a strong signal with the government and public system system.
Meanwhile, Dr. Nguyen Dinh Cung - former Director of the Central Institute for Economic Management (CIEM) assessed - Resolution 68 has proposed a fairly synchronous, complete and drastic solution system to solve two fundamental problems of private enterprises today: Enterprises do not want to grow and enterprises cannot grow.
"Among them, with Resolution 68, I am especially impressed with the solution of not institutionalizing civil economic relations - this is a big step forward, as this has been a sensitive area that has been discussed by few people for a long time and previous proposals are often incomplete and not thorough" - Dr. Nguyen Dinh Cung said.
Not only stopping at compliance with the principle of clearly defining criminal liability with administrative and civil; Between legal entities and individuals in handling violations stated by Resolution 68, in the article, "the new motivation for economic development", General Secretary To Lam offered a solution from the root. These are ministries and branches when developing laws and decrees, they need to listen to the opinions of the people and businesses, especially the real battle businessmen. At the same time, the construction of a free legal consultancy center for small and medium enterprises in localities is also determined to be the key to "undressing" about procedures, minimizing legal risks - something that the business community has repeatedly called for help.
One of the focus of the 9th session, this XV National Assembly this time is the institutionalization of the contents of Resolution 68 and the article of General Secretary To Lam is the important suggestion that confirms that the private economy - the new pillar in the declaration of strong reforms bring Vietnam to overcome the average income trap, realize the desire to develop the powerful and prosperous country in the middle of the XXI century.
