Prime Minister Pham Minh Chinh has called for more efforts to effectively implement the Politburo’s Resolution 68-NQ/TW on private sector development and relevant policies to promote the sector as the most important growth driver.
Chairing the fourth session of the National Steering Committee for the implementation of the Resolution in Hanoi on January 31, PM Chinh, who is also Head of the Steering Committee, asked relevant ministries, agencies and localities to foster open mechanisms and streamlined administrative procedures, deliver synchronous and seamless infrastructure, cultivate smart workforce and governance, pool all possible resources for private firms, and tackle difficulties facing them.
Private firms, in turn, were assigned to spearhead sci-tech, innovation, digital transformation, green transition, and economic restructuring; workforce training, job creation, social welfare; and institutional and mechanism building.
Since May 2025, Vietnam has averaged around 18,000 new enterprise registrations per month, while more than 8,300 others resumed operations. By late 2025, the nationwide total of active enterprises surpassed 1 million.
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