Issued under the Prime Minister's Decision No. 525/QD-TTg, the initiative seeks to develop a highly capable pool of private-sector managing directors equipped with modern governance expertise, strategic vision, and strong professional ethics.

The programme focuses on cultivating dynamic, innovative, and forward-thinking business leaders who uphold corporate culture, respect the rule of law, and actively promote social responsibility.

Participants are expected to enhance their capacity to lead digitalisation and green transition efforts, helping enterprises achieve sustainable growth amid deepening global integration and the Fourth Industrial Revolution, while contributing to national socio-economic development.

By the end of the decade, the programme targets training and upgrading the skills of 10,000 managers and managing directors nationwide, with women accounting for at least 25% of participants. Graduates are expected to effectively apply modern management practices in business operations, lead transformation processes, strengthen risk management, and ensure regulatory compliance.

The initiative will also establish an executive alumni network, organise CEO forums, and expand cooperation with reputable executive training institutions both domestically and internationally.

Eligible beneficiaries include a wide range of private-sector leadership and management positions, such as chairpersons and members of members’ councils, company and board chairs, board members, general directors and deputy general directors, directors and deputy directors, specialised executives, private business owners, and heads or deputy heads of departments, divisions, and production teams, along with other managerial roles.

Participants will receive state budget support to attend training courses delivered in in-person, online, or hybrid formats aligned with the programme’s core curriculum. Upon completion, trainees will be granted certificates recognising their achievement.

Training modules will cover strategic leadership, executive management, specialised executive development, practical business administration programmes (Mini MBA), and next-generation leadership training (Next Gen CEO), with course durations ranging from 30 to 90 days depending on content and format.

CEO Forums will be organised to foster knowledge sharing, showcase best practices, and honour outstanding entrepreneurs and enterprises. A CEO Alumni network will also be developed to strengthen professional connections, encourage innovation, and support business growth.

The programme will actively cooperate with development partners and international organisations to mobilise technical assistance, financial resources, and expert support. Collaboration with leading international universities and training institutions will be expanded to facilitate technology transfer, joint training initiatives, short courses, and co-branded certification programmes. International executives, economists, and business leaders are expected to participate as lecturers, mentors, and advisors.

In parallel, training and capacity-building activities will be conducted for lecturers and consultants to enhance expertise in sustainable business practices, green growth, and emerging global business trends.

Funding for the programme will come from the state budget’s recurrent expenditures, supplemented by contributions and sponsorship from participants, enterprises, domestic and international organisations and individuals, as well as other lawful non-budget sources.

Resolution 68: International lessons for private sector development

The issuance of Resolution No. 68-NQ/TW by the Politburo on the private economic sector's development marked an important shift in Vietnam’s development mindset, identifying the private sector as a key driver of the economy. Experiences from other economies offer useful insights for Vietnam as it pursues this policy direction.