On the morning of January 31, at the Government Headquarters, Prime Minister Pham Minh Chinh - Head of the National Steering Committee for the implementation of Resolution No. 68-NQ/TW of the Politburo on private economic development, chaired the fourth meeting of the Steering Committee. This is also the first meeting of the Steering Committee in 2026.
Speaking at the opening of the meeting, the Prime Minister clearly stated that the Resolution of the 14th Party Congress has many new points and many contents related to private economic development. Accordingly, promoting private economic development has an important political basis.
Over the past time, the Steering Committee has organized 3 meetings to promote, review, and review the implementation of Resolution 68, resolutions of the National Assembly and the Government with the spirit of developing the private economy to truly be the most important driving force of the national economy.
According to the Prime Minister, in the past time, the trust of international friends, partners, and businesses, including FDI enterprises and domestic private enterprises, has been improved, reflected in data on direct and indirect investment attraction, and indicators on business confidence...
Government leaders requested delegates to focus on assessing the implementation of Resolution 68; the achievements and shortcomings; lessons learned; propose tasks and solutions to do better in the coming time, especially creating a healthy, open, and equal investment and business environment, building a transparent institution, smooth infrastructure, and smart governance.
Promoting the spirit of saying and doing, state building, pioneering enterprises, people supporting, harmonious interests, risk sharing, harmonious interests between the State, people and enterprises; promoting digital transformation, green transformation, structural transformation, transformation in enterprise operations, optimizing development resources...
According to a report by the Ministry of Finance, implementing Resolution 68 of the Politburo and Resolution No. 198 of the National Assembly on special mechanisms and policies for private economic development, the Government has issued Resolution No. 138 and Resolution No. 139 assigning 69 tasks to ministries, branches, and localities. To date, central and local agencies have completed 41/43 tasks of 2025 (reaching more than 96%).
Notably, agencies have submitted to the National Assembly for promulgation the Investment Law, cutting 38 conditional business lines, narrowing the scope to 20 other industries.
The total number of nearly 3,000 administrative procedures related to production and business activities were cut and simplified (expected to reach 63%); the total time for resolving administrative procedures expected to be cut is 29,308 days/89,721 days (reaching nearly 33%) and reducing compliance costs by about 48.6 trillion VND/120 trillion VND per year (reaching more than 40%).
After more than 9 months of issuing Resolution 68, the impact of the Resolution has initially been shown through the strong increase in the number of businesses and business households joining and rejoining the market; positive developments, strong recovery in the stock market; the recovery of import and export activities; and the increasing contribution of the private economic sector to state budget revenue.
By the end of 2025, the whole country has more than 1 million operating businesses. In January 2026 alone, the number of businesses joining and rejoining the market is estimated at over 54,000 (an increase of 62% compared to the same period); nearly 1,000 business households have converted to businesses (equal to 25% for the whole year 2025).
The number of investor accounts on the stock market reached more than 11 million (up 25% compared to the end of 2024).
