On February 25, a conference was held in Hanoi to thoroughly grasp the national research, study, thoroughly grasp and implement Resolution No. 79-NQ/TW on state economic development and Resolution No. 80-NQ/TW of the Politburo on Vietnamese cultural development.
Comrade Nguyen Thanh Nghi, Member of the Politburo, Secretary of the Party Central Committee, Head of the Central Policy and Strategy Committee presented the content of Resolution No. 79-NQ/TW, dated January 6, 2026 of the Politburo on state economic development.
Resolution No. 79-NQ/TW of the Politburo is an important innovation in the Party's theoretical thinking and awareness of the state economy.
Accordingly, for the first time, the state economic content is fully and systematically identified in a thematic resolution, thereby clarifying the position and expanding the scope of this sector in the socialist-oriented market economy.
The state economy is seen as a unified entity, including all economic resources held, managed and controlled by the State to implement socio-economic development goals, macroeconomic stability to ensure national defense and security such as land, resources, airspace, sea, underground space, infrastructure systems, state budget, national reserves, non-budget state financial funds, state-owned enterprises, state credit institutions, state capital in enterprises and public non-business units.
The Resolution affirms that throughout 80 years of construction and development, especially after nearly 40 years of Doi Moi, the State economy has always played a leading role in both direct production and business and is an important material resource foundation and strategic tool for the State to perform the role of orienting and leading economic activities.
In addition to the positive results achieved, in Resolution 79, the Politburo also clearly pointed out the limitations and shortcomings of the state economy as follows:
First, state economic policies and laws are slow to innovate and have not kept up with development practices.
Second, the management of exploitation and use of many state assets resources is not really effective, has not been fully economically accounted for, and is still wasteful and causing losses.
Third, state-owned enterprises operate ineffectively, not commensurate with the position and resources they hold, competitiveness is still limited, have not played a pioneering role in innovation, leading key industries and fields, and state-owned enterprise reform is still slow.
Fourth, the system of public non-business units is not streamlined, operating mechanisms and financial autonomy are slow to innovate, service quality does not meet requirements, and many prolonged problems have not been resolved...
Regarding the causes of limitations and shortcomings, the Resolution identifies the main causes.
One is insufficient thinking and awareness of the position, role, and scope of the State-owned Economy. The relationship between the market state and society has not been resolved reasonably.
Two is that the legal system is not synchronized, still inadequate, and the implementation organization is not strict.
Third, coordination in the management, exploitation and use of state assets resources is ineffective, and the sense of responsibility in the management and use of state assets is not high.
Fourthly, the qualifications, capacity, and management team have not met the requirements, and the inspection, examination, supervision, and audit work has not met the requirements.
Viewpoints, goals, visions, tasks and solutions for state economic development.
Regarding the context: The Politburo assessed that the international and domestic context is posing requirements for renewing thinking about state economic development. In which, the technological revolution and digital transformation require fundamental changes in SOE governance, from micro intervention to macro supervision based on data; digital transformation becomes the core foundation for SOEs to improve productivity and added value.
Guiding viewpoints on state economic development:
Resolution 79 sets out systemic, comprehensive and comprehensive guiding viewpoints on state economic development in the new era, in which the new points and breakthrough approaches to theoretical thinking as well as practical direction can be summarized as follows:
First, innovate and concretize the viewpoint on the "mainstream role" of the state economy in the new era.
Resolution No. 79 inherits the viewpoints of previous resolutions and conclusions on the state economy playing a leading role in ensuring macroeconomic stability, major balances, and at the same time, supplements and concretizes the content of the leading role in the following aspects: Strategic development orientation, maintaining national defense and security; contributing to promoting cultural values and progressive justice, social security; is an important resource for the State to control and intervene promptly to meet unexpected and urgent requirements arising.
Second, fundamentally innovate the relationship between the state economy and other economic sectors in order to fully promote the functions and roles of each sector. In addition to continuing to affirm the relationship of equal development, cooperation, healthy competition, cooperation and mutual support between economic sectors, Resolution No. 79 has clarified and supplemented the viewpoint: Together with domestic economic sectors, build a self-reliant, self-strengthening economy, ensure economic security, promote deep, substantive, and effective international integration. At the same time, set out goals by 2045: The state economy becomes a solid foundation to ensure strategic autonomy, self-reliance and comprehensive competitiveness of the economy; modern, transparent, efficient management, high competitiveness and deep integration into the global economy, providing high-quality public services, affirming the superiority of socialism.
Third, breakthrough views on improving the efficiency of management, exploitation and use of state economic resources.
Resolution 79 sets out a new perspective on the mechanism for allocating, managing, exploiting and using state economic resources, which emphasizes 2 breakthrough new points.
Fourth, elevate the tasks of the state economy associated with the requirement to innovate the growth model and realize economic development goals.
Resolution No. 79 has set out the viewpoint: The state economy must pioneer in creating development, leading, paving 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 forces, improving national competitiveness.
