Private economic development

Private enterprises - from "adaptive" thinking to "development leadership

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In the article "Going forward, victory must come to us" newly published immediately after the 14th Party Congress, General Secretary To Lam emphasized: "In the next 5 years, we must accelerate comprehensively in all key areas: The economy must break through to achieve continuous high growth; science and technology and innovation must be strongly promoted to create motivation for development; institutional reform and improvement of the business investment environment must be carried out drastically and openly to release all social resources". In most of these tasks, the private economy plays a particularly important role with the requirement to quickly switch from "adaptive" thinking to "led development".

Tax incentives create a major breakthrough, opening a new growth era

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Decree 20/2026/ND-CP focuses on tax incentives and innovation, opening up a comprehensive policy platform to promote the acceleration of the private sector.

Creating motivation for Quang Ninh's private economy to break out

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Implementing Resolution No. 68-NQ/TW dated May 4, 2025 of the Politburo on private economic development ( private economic development), Quang Ninh province is promoting administrative reform, creating momentum for the private economic sector to make stronger breakthroughs in the coming period.

Unblocking resources, promoting the resilience of the private economy

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Resolution No. 68-NQ/TW of the Politburo has positioned the private economy as the most important driving force of the national economy. The messages in the Resolution are a driving force to remove obstacles as well as unlock resources to strongly develop the private economy.

Overlapping laws, cumbersome procedures to hinder private economic steps

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Although many private economic development policies have been issued simultaneously and rapidly, implementation is still facing many barriers.

Prime Minister Pham Minh Chinh attends the Vietnam Private Economy Forum 2025

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On the afternoon of September 16, Prime Minister Pham Minh Chinh attended and gave a speech at the Vietnam Private Economy Forum 2025 High-level Dialogue Session (VPSF 2025).

Developing the private economy - small and micro enterprises need more support policies

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The private economy is increasingly affirming its role as a growth locomotive, but still faces barriers in capital, scale and technology. Experts say that a synchronous support policy is needed to make this area a sustainable driving force for the economy.

Resolution 68 helps build large domestic corporations

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Business leaders believe that if we want to have domestic corporations of sufficient stature, we must first help them grow stronger. Protection does not mean giving or giving excessive incentives, but creates fair conditions that are competitive enough.

Finance and real estate are two pillars that create momentum for the private economy to break through

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Resolution 68 was issued in the context of the private economy affirming its pivotal role, creating policy impetus for development sectors.

Boldly assigning difficult tasks to the private economic sector

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The Prime Minister emphasized the need to be bold and confident in assigning difficult tasks to the private economic sector.

Growing large trees, sowing potential seeds for the private economy

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Vietnam is facing a great opportunity to develop the private economy, with nearly 5 million individual business households and 1 million operating enterprises. These are promising platforms to achieve the target of 2 million businesses by 2030.