Mr. Truong Gia Binh
The Prime Minister recently hosted a dialogue with enterprises and business associations to effectively implement Resolution 68-NQ/TW of the Politburo on private economic development.
During the dialogue, Mr. Truong Gia Binh, Chairman of FPT Corporation and Head of the Research Group on Private Economic Development under the Advisory Council for Administrative Procedure Reform, shared his thoughts on the implementation of Resolution 68.
Mr. Binh mentioned that entrepreneurs have likened the application of Resolution 68-NQ/TW of the Politburo on private economic development to “a drought ending with a downpour.” Businesses view this “downpour” as a new hope and the expectation of the Party, Government, and State.
Enterprises wish for continuous support and the most favorable conditions from the Party, Government, and State so that all businesses have the opportunity to develop and contribute to the country’s economic growth.
Mr. Binh recalled the late General Vo Nguyen Giap’s message to entrepreneurs, stating that the time has come for us to have new “Dien Bien Phu battles.” To win these “battles,” we need unity and collective effort from the entire nation. Enterprises pledge to dedicate themselves and work tirelessly to serve the country’s socio-economic development.
“We need to come together and devise a battle plan for 2055-2030, with new ‘battles’ such as developing a high-speed North-South railway, establishing global transportation hubs, building a global financial center, and promoting technology, tourism, and agriculture…,” said Mr. Binh.
Unlocking Opportunities: Government Pledges to Address Land, Procedural, Financial, and Infrastructure Hurdles.
The passionate pleas from the business community have been heard, and government officials have responded with concrete actions. They are committed to removing obstacles and creating an environment that is conducive to the growth of the private sector. This determination to turn the ambitious goals of Resolution 68 into a reality is evident in their efforts to improve institutional frameworks, streamline administrative procedures, and ensure sufficient resources for businesses.
Streamlining the Construction Sector: The Prime Minister’s Directive to Slash Red Tape
“In a recent development, Prime Minister Pham Minh Chinh has taken a significant step towards streamlining bureaucratic procedures in the construction sector. On May 29, 2025, he signed Official Dispatch No. 78/CD-TTg, signaling a strong commitment to reducing red tape and simplifying administrative procedures related to construction processes.”
“Vietnamese Private Sector: No Need for Praises, Just Treat Them as the Norm”
The private sector in Vietnam has faced numerous challenges, but the introduction of Resolution 68 has been a game-changer. This pivotal resolution has unlocked a world of opportunities, acting as a key to overcoming obstacles and paving the way for remarkable growth and transformation within the private sector. It has truly been a catalyst for shaping the nation’s economy and fostering a thriving business environment.
“Ho Chi Minh City Addresses Allegations of ‘Red Tape’ in Pink Book Issuance”
The Director of the Department of Agriculture and Environment in Ho Chi Minh City, Nguyen Toan Thang, has ordered the Land Registration Office to expedite the process of reviewing, evaluating, and resolving pending land-related dossiers before the deadline of June 30, 2025.
“Who is the Entrepreneur Who Just Dialogued with the Prime Minister at the Conference on Disseminating Resolution 68?”
“Local entrepreneur Vu Van Tien has sparked interest on social media with his colorful expression of relief and optimism. In a recent statement, Tien likened the impact of Resolution 68 to ‘a drought-stricken land finally receiving a refreshing downpour.’ This vivid metaphor captures the essence of his positive outlook and the potential impact of the resolution on his business ventures.”
