Research on the establishment of a Private Economic Development Fund in August 2025
The Government Office has just issued Document No. 436/TB-VPCP dated August 22, 2025, announcing the conclusion of Prime Minister Pham Minh Chinh at a meeting with the Private Economic Development Research Board (Board IV).
Regarding the Vietnamese private economic package, the Prime Minister requested that the organization must be substantial, effective, and avoid formality.
Committee IV closely coordinates with the Ministry of Finance to clarify the contents of the Vietnam Private Economy initiative, the program needs to clearly identify the theme and goals of each year, select tools and methods of organization to ensure success, and mobilize synthetic strength.
The Ministry of Finance urgently reports to the Prime Minister according to the tasks assigned in Official Dispatch No. 7408/VPCP-DMDN dated August 8, 2025.
The Prime Minister assigned the IV Committee to study and seek good examples and effective production and business models; deploy communication work to honor, encourage learning, replicate, and create influence; and at the same time, request other media agencies to coordinate in implementation. The honoring must be worthy, fair and transparent, carefully reviewed and evaluated, avoiding formal honoring.
The Prime Minister requested Mr. Truong Gia Binh - Chairman of the Board of Directors of FPT, Head of the Private Economic Development Research Board and Mr. Don Lam - General Director, Co-founder of VinaCapital Group, member of Board IV and other members of Board IV to study the establishment of the Private Economic Development Fund.
The Government will accompany and support the process of building and operating the Fund to ensure efficiency and correct orientation. Committee IV reports to the Prime Minister in August 2025.
Develop a set of indicators to evaluate the effectiveness of implementing Resolution 68-NQ/TW
Regarding the set of indicators to evaluate the effectiveness of implementing tasks of Resolution No. 68-NQ/TW and assess the business environment, the Prime Minister assigned the Ministry of Finance to develop an index to measure and supervise the implementation of tasks to implement Resolution No. 68-NQ/TW and evaluate the development of enterprises and business households.
Report to the Prime Minister in August 2025. Assign Board IV to develop a set of indicators to monitor, evaluate and determine the level of business environment opening in Vietnam; identify difficulties and limitations of enterprises; ensure independence and objectivity; report to the Prime Minister in August 2025.
The above indicators need to aim at the goal of effectively supporting the Government's management based on data; contributing to effectively supporting the conversion of business households into enterprises, small enterprises into small and large enterprises, large enterprises expanding scale, participating more deeply in the global value chain, developing based on innovation, green and sustainable development.
For Resolution No. 68-NQ/TW to truly come into life, the private economy needs to accelerate and make a breakthrough, truly contributing to changing the situation and transforming the state; need to have measures to remove institutional obstacles; mobilize the maximum resources of the whole society; apply innovation, science and technology, digital transformation; have smart governance and human resources solutions; infrastructure must be smooth.
The State must play a role in creating, businesses must innovate, contribute to the development of the market economy under the leadership of the Party, management of the State and supervision of the people.
