The Vietnam Private Sector and PCI 2025 report shows that the private sector has significant room for growth thanks to strong institutional reforms and improvements in the business environment.
Liên đoàn Thương mại và Công nghiệp Việt Nam VCCI vừa công bố Báo cáo Kinh tế tư nhân Việt Nam 2025 và Chỉ số Năng lực cạnh tranh cấp tỉnh năm 2025 (PCI 2025).
The private sector is facing the need for a strong transformation, not only expanding in scale but also promoting innovation and developing an interconnected ecosystem to enhance competitiveness and play a leading role in growth.
According to the program recently approved by the Prime Minister, by 2030, the goal is to train and develop 10.000 CEOs and managers of private enterprises nationwide.
The pursuit of wealth is not just an individual effort, but needs to be guided by policies and the role of elected representatives to unlock resources for development.
Resolution 79 marks a shift in the State's economic development thinking, moving from a "controlling and overarching" role to one of creating, leading, and paving the way for sustainable growth.
When entrepreneurs create economic value for their businesses, strong businesses are formed – and strong businesses are the foundation for building a powerful national brand.
Prime Minister Pham Minh Chinh gave directives at the meeting of the National Steering Committee for the implementation of Resolution No. 68 of the Politburo on the development of the private economy, on the morning of January 31.
According to the Ministry of Finance, in January 2026, the number of businesses entering and re-entering the market was estimated at over 54.000, and nearly 1.000 business households converted into enterprises.
General Secretary To Lam believes that transforming the development model means transforming the mindset from the State "doing things for" to "creating conditions for society and businesses to innovate".
The Prime Minister has instructed the Ministry of Interior to study and propose mechanisms to enhance the participation of outstanding, conscientious, and visionary entrepreneurs in governing the country.
Prime Minister Pham Minh Chinh provided this information at the third meeting of the National Steering Committee for the implementation of Resolution 68 of the Politburo on the development of the private economy.
With "3 pioneering initiatives" and "2 strong initiatives," the Prime Minister expressed confidence that the private business community would successfully achieve the overarching goals entrusted by the Party and the State.
Professor Ngo Thang Loi assessed that the private economic sector is showing signs of "losing momentum," with a growing trend of businesses not wanting to grow larger or even "miniaturizing."
On the evening of August 4th, Prime Minister Pham Minh Chinh, Head of the National Steering Committee for the implementation of the Resolution on the development of the private economy, chaired the first meeting of the Steering Committee.
Prime Minister Pham Minh Chinh heads the National Steering Committee for the implementation of Resolution 68 on the development of the private economy.
The Politburo's consecutive issuance of four groundbreaking resolutions is likened to the "Four Pillars" shaping the national development architecture in the new era.
Thủ tướng ký Quyết định số 1055 thành lập Ban Chỉ đạo quốc gia triển khai Nghị quyết số 68 của Bộ Chính trị về phát triển kinh tế tư nhân (Ban Chỉ đạo).
To support the conversion of over 5 million individual business households into corporate models, Mr. Nguyen Van Than proposed that the State provide a free accounting application.
A leader who doesn't know how to get rich cannot inspire or motivate subordinates to get rich as well, thus creating a stagnant, inactive, and unmotivated organization.
The government has just issued a Resolution promulgating the Government's Action Plan to implement Resolution No. 68-NQ/TW dated May 4, 2025, of the Politburo on the development of the private economy.
Launching a nationwide movement to encourage people to strive for wealth creation aims to unleash their full potential and foster a spirit of competition and development throughout the population in the economy.
"We must dare to think big, act big, and implement major reforms with the highest political determination and the most persistent efforts," the General Secretary stated.
The Prime Minister stated that the Government has assigned the Ministry of Interior to prepare for launching a nationwide movement to encourage people to compete in enriching themselves and contributing to the building and protection of the socialist Vietnamese Fatherland.
The national conference to disseminate and implement Resolutions 66 and 68 of the Politburo was held in a hybrid format, combining in-person and online participation, with 1,5 million attendees.
On the morning of May 17th, with 429 out of 434 attending delegates voting in favor, representing 89,75%, the National Assembly passed a Resolution on special mechanisms and policies for the development of the private economy.
Businesses need policy stability, so their biggest fear is that just as they've invested heavily, the policy will change, forcing them back to square one.
Deputy Prime Minister Ho Duc Phoc affirmed that Vietnam needs to build an open business environment with clear, transparent, and fair incentives for all economic sectors.
The National Assembly's resolution on some special mechanisms and policies for the development of the private economy will be passed on the morning of May 17th instead of June 28th as originally planned.