PM chairs inaugural meeting of national steering committee on private economic development
Prime Minister Pham Minh Chinh, head of the national steering committee for implementing the Politburo’s Resolution No. 68-NQ/TW on private economic development, chaired the committee’s first meeting on August 4 evening.
As heard at the event, on May 4, the Politburo issued Resolution No. 68-NQ/TW. To implement it, the National Assembly (NA) adopted Resolution No. 198/2025/QH15 outlining special mechanisms and policies to support growth of the private economic sector, followed by the Government’s Resolution No. 139/NQ-CP detailing the implementation plan of the NA’s document.
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Prime Minister Pham Minh Chinh speaks at the event. |
Under the Government’s Resolution No. 138/NQ-CP on its action plan for executing Resolution 68, a total of 56 tasks have been laid out, while Resolution 139 has assigned 26 additional tasks.
Eleven ministries and agencies have been designated as leads, with 17 tasks scheduled for completion in 2025. To date, only six have been completed so the remaining 11 must be fulfilled by the end of the year.
In his remarks, PM Chinh called on committee members to review, supplement, and execute the assigned tasks and solutions within their authority.
He stressed the need to finalise action plans at ministerial, sectoral, and local levels, identify institutional and legal bottlenecks, and propose practical solutions.
He also underlined the importance of assessing how businesses and society perceive these resolutions and the extent of their engagement. The steering committee must propose ways to encourage and enable greater participation from the private sector.
According to recent survey findings, business confidence in Resolution 68 is generally optimistic. However, 50% of surveyed enterprises rated local support for businesses as still lacking in many respects.
The cabinet leader urged tighter inspection and supervision to ensure the government apparatus functions effectively and substantively, avoiding tokenism or performance chasing.
The ultimate measure of success, he said, is the growth of enterprises and their contributions to GDP, science and technology, innovation, labour productivity, and national prosperity.
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