Prime Minister Pham Minh Chinh chairs the first meeting of the National Steering Committee to implement Resolution No. 68-NQ/TW of the Politburo on private economic development. Photo: VGP/Nhat Bac
The meeting reviewed the comprehensive implementation of the Resolutions of the Politburo, the National Assembly, and the Government on private economic development. The Government, ministries, and sectors are focusing on perfecting institutions; promoting administrative procedure reform with 872 administrative procedures and 118 business conditions being reduced and simplified.
Along with that, the business investment environment has been improved with many laws being amended and supplemented to create better conditions for businesses in the following areas: Business registration, access to capital, technology, land resources, production premises; tax issues, administrative procedures; handling of violations in the economic field; inspection and examination work; promoting small and medium enterprises; developing private economic groups to reach regional and global levels...
The Steering Committee believes that after 3 months of promulgating and implementing the Resolution on private economic development, there have been positive changes and significant changes in the thinking and awareness of the whole society about private economic development.
In particular, the start-up wave is increasing strongly. In June 2025, the whole country had more than 24 thousand new enterprises; in July 2025, it increased by more than 16 thousand new enterprises, bringing the total number of enterprises established in the 7 months of 2025 to nearly 108 thousand, the additional capital of operating enterprises reached more than 2.4 million billion VND, an increase of more than 186% over the same period in 2024. In 7 months, the whole country had 536 thousand new business households, an increase of 165% over the same period; more than 66.3 thousand enterprises returned to operation, an increase of nearly 50% over the same period.
In the first 6 months of the year, state budget revenue from the non-state industrial, commercial and service sectors reached nearly 260 trillion VND, equal to 125% over the same period in 2024, of which the total state budget revenue from households and business individuals was 17.1 trillion VND, reaching 53.4% of the collection task, equal to 131% of the same period in 2024.
Deputy Prime Minister Nguyen Chi Dung speaks at the meeting. Photo: VGP/Nhat Bac
Delegates assessed that some ministries, branches and localities are still slow in implementing the assigned tasks in the Resolutions on the private economy, of which only 16/34 provinces and cities have issued a Plan to implement the Resolution. Some localities have not shown the spirit of "creating - serving" businesses, still have a fear of responsibility, and lack flexibility in handling situations, leading to slow and ineffective implementation. Some businesses still report difficulties in implementing some administrative procedures; grasping legal policies and support activities of local authorities sometimes do not meet the expectations of businesses...
Concluding the meeting, Prime Minister Pham Minh Chinh pointed out the highlights and positive results in the implementation of Resolution 68 in the past time; emphasizing that there has been innovative thinking and more drastic actions; confidence has been spread. More institutions and policies have been issued, focusing on solving difficulties and problems of enterprises; the number of newly established enterprises has increased. Large enterprises have boldly proposed major projects of the country such as railways, nuclear power, highways, airports, and ports.
According to the Prime Minister, three strategic breakthroughs are institutions, infrastructure, and human resources serving business development that are promoted; three-level government (central, provincial, and grassroots) operations help reduce administrative procedures, reduce compliance costs, and create more convenience for people and businesses; public-private cooperation is promoted with the amended Law on Investment under the public-private partnership model; ministries and branches coordinate more closely to solve business difficulties.
Frankly pointing out the limitations, the Prime Minister assessed that, in general, changes are still slow compared to requirements, especially mechanisms and policies to meet the stronger, faster and more effective development of enterprises; administrative procedures, decentralization and delegation of power are still entangled at the central and local levels; support resources are still limited in terms of mechanisms, policies and financial resources.
Regarding the tasks in the coming time, Prime Minister Pham Minh Chinh requested to firmly implement the goals set out in the Resolutions of the Politburo, the National Assembly, and the Government, in accordance with specific circumstances and conditions, meeting the requirements and demands of enterprises, and realizing the general goal of making the private economy the most important driving force of the economy.
The first meeting of the National Steering Committee to implement Resolution No. 68-NQ/TU of the Politburo on private economic development. Photo: VGP/Nhat Bac
Outlining 15 specific groups of tasks and solutions, the Prime Minister directed to continue to raise awareness, change thinking, and take more drastic and stronger actions to create motivation, inspiration, movement, and trend for private economic development in the new context; spreading trust among people, businesses, and international friends.
Ministries and branches continue to promote the resolution of institutional bottlenecks; review, amend, supplement and perfect laws, decrees and circulars related to taxes, fees, charges, access to land, resources, minerals, interest rate support, human resource training, administrative sanctions on competition, science, technology, digital transformation, etc., turning institutions into competitive advantages.
The Prime Minister assigned the Government Office to develop a roadmap to cut procedures, time, and costs for administrative procedures; and promote decentralization and delegation of power to localities in handling administrative procedures.
Localities supplement and complete planning to develop new projects, publicly calling on investors to access equally, publicly and transparently.
Prime Minister Pham Minh Chinh delivers his concluding remarks. Photo: VGP/Nhat Bac
The Prime Minister requested to promote more strongly 3 strategic breakthroughs, institutions must be open, reduce compliance costs, infrastructure must be smooth to reduce input costs, create new development space, new added value; train human resources to meet the transformation requirements for businesses. There must be a mechanism to mobilize preferential capital sources for private enterprises, especially for the development of science, technology, innovation, digital transformation according to Resolution No. 57 of the Politburo.
The Ministry of Finance builds a group of policies to support small and medium-sized enterprises and business households in terms of taxes and tax procedures, tax connections, promoting business households to become enterprises, small enterprises to become large enterprises, large enterprises to become global and multinational enterprises; and builds a mechanism to support enterprises in terms of electricity infrastructure, land rent, fees and charges.
Requesting the development of criteria to assess people and businesses' satisfaction, criteria to measure and reflect the results of serving people and businesses, the Prime Minister assigned the Ministry of Home Affairs to guide and propose emulation and rewards on the occasion of the 80th anniversary of National Day and Vietnam Entrepreneurs' Day (October 13).
The Prime Minister directed 18/34 localities that have not yet developed an action plan to develop an action plan to implement the Resolution. Along with that, the Private Economic Development Research Board of the Administrative Procedure Reform Advisory Council continues to grasp and evaluate the implementation of the Resolution, ensuring accuracy, without embellishment or blackening.
Emphasizing that the tasks to be completed from now until the end of the year are very heavy, the Prime Minister requested ministries, branches and localities to promote responsibility, strengthen supervision, inspection and urging, and that each level must resolve its own issues.
Along with that, relevant parties increase dialogue, listen to each other's opinions; participate in building institutions, mechanisms, and policies for enterprises, business households, and people; build monitoring mechanisms, strengthen monitoring of the Vietnam Fatherland Front and socio-political organizations; and develop monitoring plans for localities.
Assigning the Ministry of Finance to develop an implementation plan from now until the end of the year, the Prime Minister requested all levels, sectors, and members of the Steering Committee to continue promoting the spirit of responsibility, solidarity, unity, and consensus, and synchronously, comprehensively, and effectively deploy tasks and solutions for private economic development.
The Prime Minister emphasized the need for substantial and drastic implementation, saying is doing, committing is implementing, doing is creating products, organizing implementation in the spirit of "6 clear": clear people, clear work, clear responsibilities, clear time, clear products; bringing the Resolution into life, creating movements, trends and the ultimate measure is the effectiveness of the contribution of private enterprises and the private economy to socio-economic development, contributing more and higher to GDP, making breakthroughs in science and technology development, innovation, increasing labor productivity, and entering a new era with the whole country.
Source: https://hanoimoi.vn/thu-tuong-pham-minh-chinh-dua-the-che-thanh-loi-the-canh-tranh-cua-cac-doanh-nghiep-711476.html
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