Resolution No. 68-NQ/TW:

In recent times, the private sector in Vietnam – primarily small and medium-sized enterprises – has consistently been at a disadvantage in the face of integration, due to its small-scale production capacity and the difficulty in meeting international production standards.

Experts and businesses hope that after the issuance of Resolution No. 68-NQ/TW, especially with the solutions outlined in General Secretary To Lam's article "New Driving Force for Economic Development," small and micro enterprises and business households will receive substantial and effective support, creating a legal basis for the private sector to effectively access resources such as capital, land, and high-quality human resources.

Mr. Dau Anh Tuan - Deputy Secretary General and Head of the Legal Department of the Vietnam Federation of Commerce and Industry :

Business support programs need to be stronger, more substantive, and more effective.

We can see right here in the Vietnamese market that diplomatic and trade agencies of other countries provide very strong and effective support for their goods and services, while Vietnamese businesses are relatively isolated. Most private Vietnamese businesses are small and medium-sized, making it very difficult for them to find markets on their own.

Private enterprises not only make a significant contribution to economic growth but are also a very dynamic economic sector. However, in the context of deep economic integration today, these enterprises are facing immense competitive pressure, not only in export markets but also domestically, especially from large FDI enterprises.

Therefore, to further facilitate the development of private enterprises, support programs for private enterprises in the coming period must be strongly reformed in a more substantive, effective, and market-oriented direction. Policy mechanisms need to be open, stable, secure, transparent, equitable, and low-cost for businesses.

Furthermore, developing the private economy requires comprehensive, interdisciplinary, and cross-sectoral solutions, with institutional reform remaining the most important. A strong transformation is needed in the ranks of public officials implementing administrative procedure reforms, avoiding the situation where "the top is enthusiastic but the bottom is indifferent."

Ms. Hoang Thi Thuy Linh - Deputy General Director of DBFOOD Food Joint Stock Company:

Expectations are for truly groundbreaking mechanisms that provide substantial support for private enterprises.

If we had gone it alone, DBFOOD would probably be closed by now. From research to bringing products to market and expanding production, everything has been very difficult. But thanks to the support of government agencies, we have achieved initial success.

In Vietnam, private enterprises contribute over 50% of GDP, create jobs for millions of workers, and pay significant taxes to the state budget. Private enterprises produce millions of products and services for the people; build numerous infrastructure projects; and create millions of job opportunities... Therefore, I expect Resolution 68 to have truly groundbreaking mechanisms that not only encourage but also protect and provide substantial support for private enterprises.

Specifically, I desire a transparent and equitable system that ensures private businesses have fair access to land, credit, and other resources, without discrimination compared to state-owned enterprises or FDI companies.

I also hope to reduce administrative procedures and overlapping inspections. Businesses will no longer waste so much time and effort dealing with paperwork and procedures. If reforms are implemented effectively, businesses will have more time to focus on production and business operations.

In particular, I am looking forward to flexible tax policies and incentives for startups. There must be flexible tax policies to help young businesses and small businesses develop in their early stages.

In addition, there is a need for coordinated programs between businesses, the government, and schools to train high-quality human resources and address the labor shortage faced by businesses.

Deputy Secretary of the District Party Committee, Chairman of the Tay Ho District People's Committee Nguyen Dinh Khuyen:

Removing barriers to the development of the private economy.

Resolution No. 68-NQ/TW of the Politburo, recently issued on the development of the private economy, clearly defines the role, development goals, tasks, and key solutions to further strengthen the role of the private economy, promote growth, and enhance national competitiveness.

After nearly 40 years of reform, the private sector now comprises over 940,000 businesses and more than 5 million business households, contributing 50% of GDP, over 30% of total state budget revenue, and employing 82% of the total workforce. However, the private sector still faces many obstacles hindering its development, failing to achieve breakthroughs in scale and competitiveness, and not meeting the requirements and expectations of being the core force of the national economy.

There are many reasons for the above situation, including the fact that private enterprises still face many difficulties and obstacles in accessing resources, especially capital, technology, land, natural resources, and high-quality human resources. In addition, some preferential policies and support measures are not truly effective and are difficult to access; business costs remain high...

Resolution No. 68-NQ/TW of the Politburo, recently issued, identifies the private sector as the most important driving force for national economic development. The resolution clearly outlines five core guiding principles regarding the role of the private sector, considering it a pioneering force in promoting growth, creating jobs, improving labor productivity and national competitiveness, and restructuring the economy towards a green, circular, and sustainable direction.

In particular, the Resolution also clearly defines the creation of a transparent, stable, safe, easily enforceable, low-cost business environment that meets international standards… in order to create conditions for the private sector to develop...

It can be confidently asserted that, with Resolution No. 68-NQ/TW of the Politburo, by 2030, there will be 2 million businesses operating in the economy, including at least 20 large enterprises participating in global value chains; contributing 55-58% of GDP, approximately 35-40% of total state budget revenue… thereby contributing to making our country a green, circular, and sustainable economy as set out by the Party and State.

Source: https://hanoimoi.vn/nghi-quyet-so-68-nq-tw-ho-tro-thuc-chat-hieu-qua-doanh-nghiep-nho-sieu-nho-va-ho-kinh-doanh-702172.html