Developing an efficient, high-quality private economy

Production and processing of coconut products for export at BETRIMEX, Phong Nam Industrial Park, Giong Trom District.

Startups, innovation

Together with the state economy and collective economy, the private economy plays a pivotal role in building an independent, autonomous, self-reliant economy associated with deep, substantive, and effective international integration, helping the country escape the risk of falling behind and rise up to prosperous development. Since Resolution No. 10-NQ/TW was issued, the province has synchronously deployed the work of dissemination, study, and propaganda to each cadre, civil servant, enterprise, and citizen.

The Provincial Party Committee issued Action Program No. 23-CTr/TU dated August 4, 2017 and Action Program No. 49-CTr/TU dated December 8, 2024 on implementing Resolution No. 41-NQ/TW. The Provincial People's Committee has developed strategic action plans such as: Plan to develop 5,000 enterprises and 100 leading enterprises; programs to support creative startups, develop intellectual property, support small and medium enterprises, digital transformation and international integration. These actions not only inspire innovation but also strengthen the confidence of the business community, especially the young generation of entrepreneurs.

Notably, the program "Dong Khoi Startup and Enterprise Development" for the period 2021 - 2025 is becoming a highlight of the province. By the end of 2024, the province had more than 6,800 operating enterprises, with a total registered capital of nearly 75 trillion VND, along with 48,162 individual business households. In 2024 alone, the whole province had 622 new enterprises and 409 affiliated units established; of which, there were 133 startups. This result shows that KTTN is on the path of strong development from the local startup movement.

Become a leading force

Based on synchronous policy solutions and focused support, many private enterprises in the province have not only stood firm but also expanded their scale and improved their competitiveness in the regional and international markets. Currently, the province has 22 enterprises recognized as leading enterprises and 50 enterprises in the leading source group - the pioneering force in building the province's key products. Some products such as: canned coconut water, geographically indicated rambutan, deeply processed coconut... not only stand firm in the domestic market but also present in demanding markets such as the US, EU, Japan, Australia.

The contribution of the private economic sector to the province's GRDP is constantly increasing. The growth rate of this sector in 2021 reached 103.59%, in 2022 reached 100.88%, with the annual GRDP contribution exceeding 70% in the GRDP structure.

One of the foundations that helps KTTN develop quickly and sustainably in the province is the continuous effort to improve the investment and business environment. Administrative reform has been widely implemented, contributing to significantly reducing costs and time for businesses to complete procedures.

In addition, domestic and foreign investment promotion is focused, with more than 850 investor delegations coming to learn about the province, contributing to creating leverage for private enterprises to expand their scale and strategic partners.

To date, the province has 325 valid investment projects, including 68 FDI projects with a total registered capital of over 1.6 billion USD and 257 domestic projects with over 61 trillion VND in capital. Private enterprises are not only proactive in connecting investments but are also a key force in building and operating the innovation ecosystem, participating in the global supply chain.

High competitiveness

Implementing Resolution No. 41-NQ/TW, the province pays special attention to promoting the role of the business community. The province not only organizes training in management skills and improves business ethics, but also encourages business people to practice the 10 core values ​​of Ben Tre people: patriotism, humanity, honesty, responsibility, creativity... associated with the spirit of self-reliance, self-improvement and the desire to reach out to the world.

These values ​​have become a sustainable foundation for the province's business community to continuously develop in quantity and quality, playing the role of a bridge between the private economy and other components such as the collective economy, state-owned enterprises, FDI enterprises, etc. Thereby strongly promoting the multi-dimensional value chain model. Up to now, more and more local enterprises have become large-scale and highly competitive in many fields such as: coconut processing, agricultural and aquatic product processing, fresh fruit export, etc. Thereby, creating many products and services with high added value and exporting to many markets such as the US, Australia, Japan, EU, etc.

In the context of the nationwide implementation of Resolution No. 68-NQ/TW on the development of the private economy issued by the Politburo on May 4, 2025, the province expects to further increase the number of operating enterprises, promote the entrepreneurial spirit among all classes of people. At the same time, develop a force of enterprises with global competitiveness.

The activities of the private economic sector are increasingly affirming their core role and making important contributions to the socio-economic development of the province. According to data released by the General Statistics Office, the growth rate of the private economic sector in 2021 compared to 2020 is 103.59%, in 2022 compared to 2021 is 100.88%. The proportion of private economic sector in GRDP in 2018 is 19%, in 2019 is 19%, in 2020 is 19.7%, in 2021 is 73.77%, in 2022 is 71.63%.

Article and photos: Cam Truc

Source: https://baodongkhoi.vn/phat-trien-kinh-te-tu-nhan-hieu-qua-chat-luong-cao-07052025-a146241.html