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Vietnam’s new economic vision: The rise of the private sector

Vietnam's leadership is embracing the private sector as the driving force behind the nation's economic future, signaling a policy shift that could unlock unprecedented growth.

VN accelerates private sector reforms: Breaking barriers for economic growth

Vietnam is reforming business regulations, improving land and capital access, and fostering technological innovation to strengthen the private sector’s role in national economic development.

Vietnam vows to awaken the overlooked economic sector

Over the decades of DoiMoi, nearly 5.2 million individual business households have emerged and significantly contributed to national development. However, effective measures to protect the sustainability of the economic sector have yet to be created.

Private sector development – the driving force of a prosperous Vietnam

The private sector is driving Vietnam’s economic transformation, contributing 51% of GDP. Reforms in policy, governance, and innovation will unlock Vietnam’s full potential.

Vietnam must reform policy execution to drive private sector growth

Vietnam’s private sector contributes 50% of GDP, yet struggles to scale. Experts call for a new, results-driven policy implementation model to drive growth.

Unlocking Vietnam’s economic potential: Reforms to drive growth and innovation

Vietnam’s private sector faces regulatory challenges, high land costs, and limited R&D freedom. Experts propose legal reforms to enhance innovation, streamline business operations, and boost double-digit economic growth.

Vietnam’s private sector to become key economic pillar under new strategy

Vietnam’s private sector contributes over 50% of GDP, yet legal barriers hinder expansion. Experts urge reforms to unlock business potential.

VN’s billion-dollar private sector: Growth, challenges, and global ambitions

Despite economic expansion, Vietnam’s private businesses remain small globally. What challenges do they face?

General Secretary calls for clear strategy to boost Vietnam’s private sector

General Secretary To Lam emphasizes the need for a well-defined strategy to remove barriers and foster the growth of Vietnam’s private sector, which contributes over 50% of GDP but faces structural challenges.

Vietnam bets on private sector growth to drive double-digit economic expansion

The Vietnamese government is prioritizing private sector development as the key driver of economic growth. With over 50% of GDP contribution and 80% of employment creation, private enterprises are essential for Vietnam’s long-term prosperity.

The urgent need to unleash Vietnam’s private businesses

The private sector is the country’s intrinsic strength - its deeply rooted and enduring value. Yet, it remains fragile in its development. This highlights the fact that Vietnam still has ample room for growth.

Vietnam’s private sector prepares for a new era

As Vietnam enters a new era of national advancement, the private sector is casting off the struggles of the past to thrive and contribute to the nation’s prosperity.

The need for a strong entrepreneurial force in Vietnam’s economic future

Establishing a strong and competitive private sector is essential for Vietnam's economic independence and sustainable development.

Avoiding the middle-income trap: How Vietnam can reach new heights

Like an airplane needing speed to take off, Vietnam's economy must gain momentum in the coming years to overcome challenges and reach new heights. Without acceleration, the risk of stagnation looms.

The untapped wealth of Vietnam: 20 billionaires in the shadows

Vietnam’s private enterprises have grown significantly, but they still lag behind global competitors. With around 20 hidden billionaires, experts say the country's private sector has room for much more expansion.

Vietnam sets sights on billion-dollar companies with strategic policy framework

To elevate Vietnamese businesses to international success, policies focusing on innovation, global competitiveness, and long-term support are critical.

Vietnamese businesses: Resilient but slow to grow - what's holding them back?

The private sector in Vietnam plays a crucial role in the economy, but why do these resilient businesses struggle to thrive? This article delves into the complexities of their stunted growth.

Private enterprises meet to discuss period of 'nation’s rise'

The meeting between the Government Standing Committee and private enterprises on September 21 is a special event during a special development period.

Vua Nệm achieves significant turnaround, expects solid  profitability in 2024

Vua Nệm, Vietnam’s leading mattress retailer, has made significant strides in financial health following a year of strategic restructuring.

Vietnam's private sector positioned for prosperity

Ongoing assistance will see Vietnam's private sector truly become a driver of economic growth, stakeholders said.