In 2017, the Party's views on the private economy stated in Resolution No. 10 were considered new, strong and a breakthrough in thinking.
Because for the first time, the Party identified the State economy, the collective economy along with the private economy as the core to building an independent and autonomous economy. Along with identifying private economic development as an important driving force of the socialist-oriented market economy.
Also in this Resolution, the Party has determined that developing a healthy private economy is both an urgent and regular task throughout the process of perfecting socialist-oriented market economic institutions and considers this a An important method to liberate labor and production, to mobilize, allocate and effectively use all resources for development.
Up to now, according to VCCI Chairman Pham Tan Cong, the private economy plays an important role in international trade activities with very impressive numbers: Accounting for 35% of total import turnover and 25% of total import turnover. national export quota.
By 2023, the country will have more than 800,000 operating businesses with about 7 million entrepreneurs, the private economic sector is contributing nearly 45% to the country's GDP , 1/3 of State budget revenue, more than 40 % of investment capital is implemented throughout society, creating jobs for 85% of the country's workers.
Resolution No. 10 has been the launching pad so that now, the private sector and businessmen have been contributing increasingly and becoming an important driving force in promoting the country's economic development.
All of this, in addition to the crystallization of collective intelligence, is also a special mark in the leadership of General Secretary Nguyen Phu Trong in terms of vision, intelligence, and breakthrough thinking on the private economy in particular and economics. businessman in general!
