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Creating new momentum and new spirit for private economic development

On the morning of May 31 in Hanoi, Comrade Pham Minh Chinh, Politburo member, Prime Minister chaired a discussion with businesses and business associations to effectively implement Resolution 68-NQ/TW, dated May 4, 2025 of the Politburo on private economic development. The discussion took place in person and online to the headquarters of the People's Committees of provinces and centrally run cities.

Báo Thái BìnhBáo Thái Bình31/05/2025

Prime Minister Pham Minh Chinh speaks at the seminar. (Photo: VGP/Nhat Bac)

Attending at Thai Binh bridge were comrades: Nguyen Manh Hung, Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee; Vu Kim Cu, Member of the Provincial Party Standing Committee, Head of the Management Board of Economic Zones and Industrial Parks of the province; Lai Van Hoan, Member of the Provincial Party Committee, Vice Chairman of the Provincial People's Committee.

Comrades: Nguyen Manh Hung, Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee; Lai Van Hoan, Member of the Provincial Party Committee, Vice Chairman of the Provincial People's Committee attended the discussion at Thai Binh bridge.

Over 40 years of innovation, the private economy has developed strongly and achieved many remarkable achievements. The number of established enterprises has increased sharply over the years and to date there are nearly 1 million enterprises operating in the economy. The private economy has continuously maintained a fairly high growth rate, is the sector with the largest contribution to the economy, accounting for about 50% of GDP, contributing more than 30% of total state budget revenue. In addition, the private economy is still facing many barriers that hinder its development, has not yet made a breakthrough in scale and competitiveness, and has not met the requirements and expectations of becoming the core force of the country's economy. Resolution 68-NQ/TW, dated May 4, 2025 of the Politburo on private economic development, was issued as a breakthrough in development thinking, becoming a "revolution in thinking and institutions" for the private economy, creating and strengthening trust, promoting the private economy to rise, break through, and contribute to the country.

Delegates attending the discussion at the Thai Binh province bridge.

At the seminar, the Prime Minister, Deputy Prime Ministers, representatives of central ministries, branches, localities, economic experts and representatives of enterprises and business associations discussed and exchanged contents to effectively implement Resolution 68-NQ/TW of the Politburo on private economic development. Especially solutions to remove limitations and barriers of the private economy, breakthrough policies for private economic development, mechanisms to facilitate the private economy to access some key resources such as: land resources, capital, high-quality human resources, solutions to develop small and medium enterprises, solutions to remove barriers in administrative procedures...

Hero of Labor Tran Manh Bao, Chairman of the Board of Directors of ThaiBinh Seed Group Joint Stock Company, spoke at the seminar. (Photo: VGP/Nhat Bac)

In his concluding remarks, Prime Minister Pham Minh Chinh requested ministries, branches and localities to properly perform their role in creating and building strategies, planning and plans; building institutions, mechanisms and policies to develop the private economy; designing tools for inspection and supervision, focusing on post-inspection instead of pre-inspection; evaluating, summarizing practices, drawing experiences, building theories and honoring businesses and entrepreneurs with the view that the market is a battlefield and entrepreneurs are soldiers. Focus on better implementing the three strategic breakthroughs in institutions, infrastructure and human resources; promote decentralization, decentralization, reducing administrative procedures, reducing time, costs and efforts for people and businesses. Continue to ensure the maintenance of independence, sovereignty, political stability, social order and safety, including network safety and security so that businesses have conditions to develop quickly and sustainably. Regularly exchange, meet, promptly resolve difficulties and obstacles for businesses, create the most favorable conditions for the development of the private economy. At the same time, the Prime Minister also requested businesses and entrepreneurs to promote the spirit of solidarity, constantly innovate and create; make the most of favorable mechanisms and policies of the Politburo, the National Assembly, and the Government to develop production and business, actively contributing to the development of the country's economy.

News: Thu Thuy

Photo: Trinh Cuong

Source: https://baothaibinh.com.vn/tin-tuc/4/225083/tao-xung-luc-moi-khi-the-moi-de-phat-trien-kinh-te-tu-nhan


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