The Politburo’s Resolution 68-NQ/TW on the development of the private economic sector is a watershed document that marks a fundamental shift in the perception and mindset towards private enterprises in Vietnam, underscoring their crucial role in driving national growth.

The Minister of Construction has requested VinSpeed High-Speed Rail Investment and Development JSC and Truong Hai Group Joint Stock Company (Thaco) to complete documents seeking approval of their proposals to invest in the North-South high-speed railway.

Deputy Prime Minister Le Minh Khai has signed a decision approving a programme to support private enterprises in sustainable business development in the 2022-2025 period.

Private enterprises do not need money but institutional support to enjoy a stable and safe business environment, bringing them equality and respect.

Vietnam needs to develop a strategy to promote the development of the private sector over the next decade to maintain growth, speakers said at a conference on socio-economic development from 2021 to 2030 recently held in HCM City.