Part of the answer has been shown in Resolution 79 on State Economic Development issued right before the 14th Party Congress.
Resolution 79 states the viewpoint: The State's economy must be a pioneer in creating development, leading, opening the way, promoting industrialization, modernization, restructuring the economy and establishing a new growth model, taking science, technology, innovation and digital transformation as the main driving force, improving national competitiveness.
Although only accounting for more than 22% of total assets and 15.2% of total capital of all enterprises nationwide, the state-owned economic sector generates up to 34.2% of budget revenue, a clear proof of the pillar role of the state-owned economy.
If Resolution 68 on private economic development has opened up both corridors and development space for private enterprises, Resolution 79 creates a new foundation for state-owned enterprises to promote their leadership.
The draft document of the 14th Congress sets out the requirements for the next term to improve the efficiency and competitiveness of a number of core industries such as: Energy, mechanical engineering, metallurgy, new materials, chemicals, digital technology and biology. Prioritize the development and gradual mastery of production technology in a number of emerging industries such as: Semiconductor chip industry, robotics and automation industry, artificial intelligence, advanced materials, materials serving mechanical engineering, biological industry, environmental industry, renewable energy, new energy. Gradually build and develop the application of atomic energy, space industry, quantum industry...
Clearly, these are still areas that are beyond the reach of the majority of private enterprises.
In the context of needing to accelerate and promote "Make in Vietnam" so that Vietnam not only catches up, but also in some fields, must go ahead by doing new things, new platforms and new standards, the role of state-owned enterprises at this time is very large.
In fact, even in the field of technology and telecommunications, in many corporations where the state has a large capital ownership ratio such as Viettel, FPT and VNPT have shown bright spots when playing a leading role in forming a digital ecosystem. Viettel is not only a telecommunications network operator, but has risen to become a technology - defense industry corporation, mastering many core technologies from 5G, telecommunications equipment to network security, AI. FPT promotes the export of information technology services, strongly invests in AI, semiconductors, core software, gradually affirming its position in the global market. VNPT plays a pillar role in national digital infrastructure, e-government, and smart cities.
The common point of these corporations is that they do not go alone. Around them are networks of small and medium-sized enterprises, technology startups, research institutes, universities - forming an ecosystem where knowledge, technology and the market are connected, shared and developed together.
With the birth of Resolution 57, Resolution 68 and recently Resolution 79, it shows optimism in the "Make in Vietnam" process where private enterprises and state-owned enterprises join forces, public-private partnerships, capable of raising Vietnam's value.
