With nearly one million enterprises and about 5 million individual business households, the private economic sector currently contributes about 51% of GDP, more than 30% of the state budget, creates more than 40 million jobs, employs more than 82% of the total labor force in the economy , and contributes nearly 60% of total social investment capital.
The private economy not only helps expand production, trade and services but also makes an important contribution to improving labor productivity, promoting innovation and enhancing national competitiveness.
Many private enterprises have grown strongly, not only dominating the domestic market but also affirming the Vietnamese brand in the international market.
Source: https://baobinhphuoc.com.vn/news/4/170457/private-economic-area-currently-contributing-to-51-gdp
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