Prime Minister Pham Minh Chinh called for accelerated digitalisation, greening efforts, resource optimisation, smart governance, and balanced interests among private firms while chairing the fourth session of the National Steering Committee for the implementation of the Politburo’s Resolution 68-NQ/TW on private sector development in Hanoi on January 31. As Vietnam sets its sights on double-digit growth and a trajectory of rapid yet sustainable development, the private sector must rise to the occasion with matching vigour, playing its pivotal role in building a strong, civilised, prosperous, and happy country that steadily advances toward socialism, he said. The PM instructed ministries, agencies, and local authorities to sustain their pursuit of the resolution, in line with the 14th National Party Congress’s and the Politburo’s resolutions, especially those concerning the private sector. Endorsing proposals to entrust major, challenging, and breakthrough tasks to private firms, including the settlement of long-stalled projects to unleash development resources, he assigned specific responsibilities to ministries and agencies. Particularly noteworthy, state budget revenue from the non-state sector in 2025 was estimated at over 497 trillion VND, or 134% of the target and 127% higher year-on-year.

Source: VietNamNet News January 31, 2026 17:40 UTC