Panorama Model of Vietnam's Private Economy: Public-Private Bridge for Development

(Chinhphu.vn) - On September 11, in Hanoi, the Ceremony to announce the Model "Panorama of Vietnam's Private Economy" and launch the Executive Council and key personnel of the Committees took place with the participation of many business leaders, experts and associations, affirming that the private sector is an important driving force in sustainable economic development.

Ceremony to announce the model "Panorama of Vietnam's Private Economy " & launch the Executive Council and key personnel of the Committees - Photo: VGP/HT

Private enterprises join forces with the State in a new model

The representative of the Private Economic Development Research Board (Board IV) shared: During the working session with Board IV, Prime Minister Pham Minh Chinh emphasized: The model "Panorama of Vietnam's Private Economy" must be implemented substantially and effectively, mobilizing the combined strength of the private sector, contributing to realizing Resolution 68-NQ/TW of the Politburo .

Implementing the direction in Conclusion No. 436/TB-VPCP dated August 22, 2025, after many years of preparing the foundation and close connection within the business community, Committee IV organized the Model Announcement Ceremony along with the launch of the Executive Council and key personnel of the Committees - within the framework of the First Panorama of the Vietnamese Private Economy Program.

The event was attended by members of the Executive Board, leaders of Committees, working groups, and representatives of many businesses in the fields of innovation, manufacturing, infrastructure, logistics, services and human resources. In addition, experts, representatives of associations, prominent entrepreneurs and press and media agencies were also present.

Mr. Truong Gia Binh - Head of Department IV, member of the Executive Council of Vietnam Private Economic Panorama - Photo: VGP/HT

Gathering large-scale business forces

According to Mr. Truong Gia Binh - Head of Department IV, member of the Executive Council of the Panorama of the Vietnamese Private Economy, the model aims at the goal of "Public - private nation building: Strong and prosperous". Mr. Binh emphasized that this will be a mechanism for working together, sharing responsibilities between the private sector and the State, and at the same time, a place where the intelligence, resources, voices and great solutions of the business community converge.

The "Public-Private Nation Building" program sets out three symbolic numbers: 20, 200 and 2,000. Specifically, it will build at least 20 national public-private models; form 200 strong national enterprises; and mobilize at least 2,000 intellectuals and businessmen at home and abroad to participate.

Ms. Pham Thi Ngoc Thuy - Director of Office IV affirmed: The difference of the model is the gathering of the largest and most standardized private enterprise force. The model operates continuously and long-term, not for group interests, but focuses on the responsibility of designing and implementing comprehensive solutions for economic development.

The goal and mission of the program is to promote the private sector to become an important driving force in growth, contributing to building an independent, self-reliant and sustainable economy. At the same time, the model accompanies businesses to solve national problems, based on science and technology, innovation, digital transformation and global integration.

The Executive Council of the Panorama of Vietnam's Private Economy has the participation of many prominent businessmen such as Mr. Truong Gia Binh (Chairman of the Board of Directors of FPT Corporation, Head of Committee IV), Mr. Don Lam (General Director of VinaCapital), Mr. Mai Huu Tin (General Director of U&I Group), Mr. Vu Van Tien (Chairman of the Board of Directors of Geleximco Group), Ms. Nguyen Thi Phuong Thao (Chairman of the Board of Directors of Sovico Group), Ms. Cao Thi Ngoc Dung (Chairman of the Board of Directors of Phu Nhuan Jewelry Joint Stock Company - PNJ) and key leaders of the Committees, representing enterprises: Gemadept, Shinec, Eurowindow, Dai Dung, Thai Hung, AA Corporation, Vinh Hiep, Hanel PT, TMG...

Mr. Phan Duc Hieu - Member of the Economic Committee of the National Assembly assessed: The initiative "Public - Private Nation Building" spreads the entrepreneurial spirit into the public sector, creating positive changes. Mr. Hieu suggested that businesses not only criticize, but also proactively propose specific policies, especially when the National Assembly is preparing to amend 48 laws related to business activities.

In addition to the Governing Council, Committees and Working Groups were also introduced. This was an important step in detailing the goals, values ​​and how the model would operate.

According to the representative of Board IV: The larger event - The first Panorama of Vietnam's Private Economy - is scheduled to take place on October 10, 2025 in Hanoi, in conjunction with Vietnam Entrepreneurs Day. This will be an opportunity for the entire business community, together with the Government, ministries and localities, to continue discussing and designing companion solutions for the goal of "Public - Private national construction: Strong, prosperous".

Mr. Minh

Source: https://baochinhphu.vn/mo-hinh-toan-canh-kinh-te-tu-nhan-viet-nam-cau-noi-cong-tu-cho-phat-trien-102250911145011406.htm