Following the victory of the historic Ho Chi Minh Campaign, our country officially entered a new chapter in history, an era of independence, freedom, and territorial integrity. However, in the early years after liberation, due to various reasons, the country's economy was underdeveloped, and domestic resources were not utilized and developed... leading to many negative consequences.
Manufacturing of machinery parts at Vinh Phuc CNC Group Joint Stock Company.
In 1986, the Sixth National Congress of the Communist Party of Vietnam brought a refreshing breeze to the country, officially recognizing a multi-sector economy for the first time. This is considered the first building block for the increasingly diversified and multilateral economic development of the nation.
Thanks to this, from merely existing and "stagnating" within the centralized, bureaucratic, and subsidized system, facing discrimination not only in social consciousness but also in the mechanisms and policies of the State, the private economy has risen strongly during the reform period, contributing increasingly to the state budget, creating jobs for society, developing existing potential and advantages in each locality as well as nationwide, making an important contribution to socio-economic development, strengthening national defense and security, and affirming its role as an important driving force in international integration.
Assessing this issue, according to General Secretary To Lam , with the right vision and policies in a socialist-oriented market economy, developing the private economy is a vital choice to promote material production, create social transformation, boost technological levels, vocational training, increase capital absorption capacity, promote labor productivity, and build the material and technical foundation for socialism.
To develop the private economy, the most important and core issue is to continue perfecting the socialist-oriented market economy system, with groundbreaking changes in thinking, awareness, and action, creating the fundamental characteristics of a socialist-oriented market economy with state management under the leadership of the Party, compared to the previous socialist-oriented market economy with state management.
Electronic component production line at Lumi Vietnam Company in Thang Long Industrial Park, Vinh Phuc.
Resolution 68 of the Politburo on the development of the private economy clearly outlined unprecedented goals, viewpoints, tasks, and breakthrough solutions. In particular, it shaped the Party's new perspective on the development of the private economy within a socialist-oriented market economy under state management and Party leadership; promoting the strong development of the private economy, considering it a new driving force for economic development in the coming period.
To effectively accomplish this task, the Party leader emphasized: It is necessary to decisively and effectively implement measures to quickly put the Party's Resolution into practice. Specifically, at the 9th session of the 15th National Assembly, the National Assembly discussed and issued a Resolution on the development of the private economy with specific, feasible, and effective preferential mechanisms and policies.
This involves promoting and creating a strong shift in administrative thinking from control to partnership, viewing businesses as subjects to be "served" rather than "managed," and ensuring the principle of "actions matching words" is consistent throughout the entire political system. The government promptly issued a directive requiring ministries, sectors, and localities to shift all administrative processes to post-inspection, except for a few specific areas. This alone has saved a significant amount of wasted time and resources, preventing the waste of enormous funds.
Next, it is crucial to urgently institutionalize the Party's viewpoints into law and ensure strict implementation throughout the entire political system, businesses, and among the people. In particular, it is essential to establish a fair competition system, clearly identifying behaviors that negatively impact market access and discriminatory practices against the private sector.
Create mechanisms to promote investment and provide financial support, requiring financial institutions to establish credit assessment systems suitable for the private sector and provide financial assistance. Encourage the development of science and technology, with private enterprises taking the lead in large-scale, key national projects and establishing national innovation research infrastructure. Establish a system to protect the rights and interests of market participants, clearly distinguishing between economic disputes and criminal offenses, and strictly prohibiting abuses of law in market management...
It can be said that, with the clear regulations in Resolution 68 of the Politburo and the specific orientations of the Party, the State, relevant ministries and agencies, and local governments, the private economy is facing an unparalleled opportunity to break through and rise together with the country into a new era.
Quang Nam
Source: https://baophutho.vn/dong-luc-cua-kinh-te-tu-nhan-245800.htm
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