Keyword: # Resolution 68

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Resolution 68: International lessons for private sector development

A common feature in many successful economies is a fundamental shift in the perception of private enterprises. In countries such as Singapore, Germany, Republic of Korea (RoK) and China, private firms are viewed not mainly as entities requiring strict control but as development partners and key forces generating growth, jobs and innovation.

PM pushes trust, breakthroughs to accelerate private sector growth

Prime Minister Pham Minh Chinh noted that since the rollout of Resolution 68, alongside supporting resolutions from the National Assembly (NA) and Government, there has been a marked change in understanding the private sector’s critical position and role in Vietnam’s socialist-oriented market economy.