Resolution No. 68-NQ/TW, issued by the Politburo on May 4 this year on the development of the private economic sector, ushers in fresh momentum, spurring entrepreneurial spirit and strengthening business confidence, Deputy Minister of Finance Nguyen Duc Tam told the press.

VOV.VN - At the ongoing 80-year national achievement exhibition in Hanoi, private economic sector enterprises present 'Made in Vietnam' high-tech products and demonstrate their production capacity, creativity, and international integration, supported by Resolution 68, which clearly defines the sector’s role in promoting a model of cooperation, innovation, efficiency, and sustainability while aspiring to reach regional and global markets.

VOV.VN - After nearly four decades of pursuing the Doi Moi (Renewal) process, Vietnam’s private economic sector has grown into a key engine of growth, but institutional hurdles, an uneven business environment, and short-term thinking continue to hinder its breakthrough potential.

The newly-issued Resolution No. 68-NQ/TW of the Politburo on the development of the private economic sector has garnered strong support from experts and the business community, being hailed as a potential turning point in Vietnam's economic situation.

Resolution No. 68-NQ/TW issued by the Politburo recently is expected to unlock the potential of the private economic sector in boosting the growth of cultural industries, according to experts.

Innovation and private sector development should have no bounds, aiming to achieve the national goals of prosperity, strength, democracy, equity, and civilised society in this new era, said Prime Minister Pham Minh Chinh.

Prime Minister Pham Minh Chinh stressed the urgent need to concretise and institutionalise the Party’s policies outlined in Resolution No. 68-NQ/TW on developing the private economic sector, while chairing a Government meeting on the matter on May 7.

Party General Secretary To Lam, on behalf of the Politburo, has signed Resolution No. 68-NQ/TW, dated May 4, 2025, on the development of the private economic sector.

Prime Minister Pham Minh Chinh urged favourable conditions for the private economic sector through open institutions, harmonious infrastructure, smart governance, equal access to national resources, while chairing a meeting of the Steering Committee for building the private economic development project in Hanoi on April 14.

Party General Secretary To Lam’s directive not only outlines a strategic vision for the private sector's role in Vietnam's economy but also sets forth critical steps to unlock breakthroughs in the sector.