09:30 09/05/2025

Proposed mechanisms bet88 com policies for private economy development debated

Vân Nguyễn

At a working session with the Government's policy advisory council held on May 8, Prime Minister Pham Minh Chinh requests no limits to private economic sector development.

At bet88 com Prime Minister's working session with bet88 com Government's policy advisory council, held in Hanoi on May 8. (Photo: VNA)
At the Prime Minister's working session with the Government's policy advisory council, held in Hanoi on May 8. (Photo: VNA)

At a working session with the Government's policy advisory council to gather input on the National Assembly (NA)’s draft resolution concerning specific mechanisms bet88 com policies to promote the development of the private economic sector, held in Hanoi on May 8, Prime Minister Pham Minh Chinh stated that Innovation bet88 com private sector development should have no bounds, aiming to achieve the national goals of prosperity, strength, democracy, equity, bet88 com civilized society in this new era.

The resolution to be adopted by the NA aims to institutionalize the Politburo’s Resolution No. 68-NQ/TW, dated May 4. 2025, on private economy development (Resolution 68).

According to a report from the Vietnam News Agency. policies proposed are grouped into three categories. The first two involve mechanisms requiring immediate legal codification or amendment. The third includes longer-term, strategic orientations that are not urgent bet88 com necessitate thorough study bet88 com evaluation.

Discussions at the session focused on proposals regarding land bet88 com production site access; access to capital, training bet88 com utilization of high-quality human resources, support for science bet88 com technology application in business operations, tax, fee, bet88 com charge frameworks, bet88 com administrative reform bet88 com simplification, among other issues.

Noting the principle of a facilitating state, people as the foundation, enterprises at the center bet88 com as key actors, bet88 com institutions bet88 com policies as the driving force, the Government leader required the forthcoming NA resolution institutionalize Resolution 68 to enable the rapid, sustainable growth of the private sector, positioning it as a principal engine of the national economy.

PM Chinh called for a comprehensive review bet88 com revision of policies to encourage business freedom, foster healthy competition among enterprises, bet88 com ensure equal access to capital, land, bet88 com public assets. He also highlighted the need for market-oriented training, tailored to enterprise needs, through mechanisms allowing businesses to commission educational institutions.

In addition, he directed the development of a legal framework that recognizes bet88 com clearly defines intangible assets held by enterprises, while reaffirming the principle that civil bet88 com economic relations must not be criminalized.

The PM requested the drafting committee finalize the draft resolution, solicit input from cabinet members, provincial bet88 com municipal People’s Committee chairpersons, business associations, bet88 com the wider business community, before submitting the completed document to the NA by May 12. It is scheduled for review bet88 com adoption by the legislature before May 18.