The private economy is being identified as one of the important driving forces of the Vietnamese economy. However, for this area to develop substantially and sustainably, there needs to be policies that are strong enough, in-depth enough and suitable for each group of businesses. In that spirit, the Government has established a Steering Committee to develop a Private Economic Development Project headed by Prime Minister Pham Minh Chinh, with the task of developing a Project to submit to the Politburo.
One of the focuses of the Project is to fundamentally innovate thinking and policy approaches to create more favorable conditions for private economic development. At the second meeting of the Steering Committee, Prime Minister Pham Minh Chinh emphasized the need to create a strong breakthrough, overcome old limits, accurately select feasible "lets" and "mentals" to promote the private economic sector to develop a breakthrough.
Information about the development of policies to develop the private sector, at the press conference of the Ministry of Finance in the first quarter of the first quarter of 2025, which took place in the afternoon of 3.4 at the headquarters of the Ministry of Finance, Ms. Bui Thu Thuy - Deputy Director of the Department of Private Enterprise Development and Collective Economic (Ministry of Finance) - said that the breakthrough point of this draft resolution is policy design in the direction of stratification, suitable for each enterprise group. The draft integrates many important contents such as the project of developing small and medium -sized enterprises, and the project of developing Vietnamese entrepreneurs.
We have organized many conferences and seminars to listen to opinions from the business community, clearly identify difficulties in institutions, laws and propose appropriate solutions. The Ministry of Finance also organized a working group to visit China to learn from the development experience of the private economic sector, and at the same time study more models of Korea and Japan to perfect the policy framework" - Ms. Thuy shared.
According to Ms. Thuy, the draft Resolution will propose many strong and specific solutions on institutional reform, resource access policies, especially land and finance for the private sector. At the macro level, there will be a group of solutions to support large private enterprises to rise up and lead the economy, participate in key projects, develop supporting industries and supply chains.
Along with that is a policy specifically for small and micro enterprises and business households to create conditions for them to develop stably, sustainably and gradually transform to an official business model.
