On February 1, at the Government Headquarters, Prime Minister Pham Minh Chinh, Head of the National Steering Committee for the implementation of Resolution No. 79-NQ/TW of the Politburo on state economic development, chaired the first meeting of the Steering Committee.
Also attending were Deputy Prime Ministers, Deputy Heads of the Steering Committee: Ho Duc Phoc, Nguyen Chi Dung; ministers, leaders of ministries, branches, members of the Steering Committee; leaders of state-owned economic groups; experts, scientists.
Speaking at the opening, Prime Minister Pham Minh Chinh said that the Government has submitted to the Politburo for consideration and promulgation 9 specialized resolutions related to important issues of the country and has just submitted to the Politburo a draft Resolution on foreign-invested economy. This is an important basis, along with the Resolution of the 14th Party Congress for our country to realize its vision to 2030 and 2045, and achieve 2 100-year goals.
The resolutions of the Politburo and the Resolution of the 14th Party Congress have identified guidelines and policies; identified goals, tasks, and solutions that are practical, feasible and effective for national development; with thinking and vision in the direction of looking far, looking wide, thinking deeply, doing big," the Prime Minister affirmed.
On January 6, 2026, the Politburo issued Resolution No. 79-NQ/TW on state economic development. The Prime Minister established the National Steering Committee for the implementation of Resolution No. 79-NQ/TW of the Politburo.
At this first session, the Prime Minister requested the Steering Committee to focus on discussing and contributing opinions to: Draft Resolution of the Government promulgating the Government's Action Plan to implement Resolution No. 79-NQ/TW; Draft Resolution of the National Assembly on a number of special mechanisms and policies for state economic development; Draft Operating Regulations of the Steering Committee, ensuring substance, practicality, efficiency, avoiding formality.
The Prime Minister noted that the members of the Steering Committee should discuss and ensure that the documents show "high determination, great effort, drastic action, doing what is done is done, doing what is done is finished; clearly assigning people, clearly assigning tasks, clearly defining time, clearly defining results, clearly defining authority, clearly defining responsibilities"; closely follow the Party's viewpoints, guidelines, policies to institutionalize, especially to remove bottlenecks and obstacles in order to effectively exploit the State's resources, creating clear changes in the operational efficiency of the state economy.
The guidelines are correct, implementation must be quick, done to the end, taking efficiency as a measure, in the spirit of action of the 14th Party Congress," the Prime Minister pointed out.
Resolution No. 79-NQ/TW on state economic development was issued in the context that the whole country is making efforts and determined to innovate and reform in many fields; towards the goal of becoming a developing country with modern industry and high average income by 2030; and a developed and high-income country by 2045.
The resolution sets specific goals by 2030 to have 50 state-owned enterprises in the group of 500 largest enterprises in Southeast Asia; have 1-3 enterprises in the group of 500 largest enterprises in the world; 100% of enterprises implement modern corporate governance on digital platforms; 100% of economic groups and state-owned corporations apply OECD governance principles.
The Resolution sets the goal of building a number of strong economic groups and state-owned enterprises with large scale and modern technology; with regional and international competitiveness; playing a pioneering and leading role, especially in key and strategic areas of the economy.
For state-owned credit institutions, there are at least 3 state-owned commercial banks in the group of 100 largest banks in Asia in terms of total assets; 4 state-owned commercial banks are leading and pioneering in technology, management capacity, key and dominant in scale, market share, and market regulation capacity.
