At the seminar with businesses and business associations to effectively implement Resolution 68 of the Politburo, chaired by Prime Minister Pham Minh Chinh on May 31, Ms. Mai Kieu Lien, CEO of Vinamilk, expressed her belief that if the contents of the Resolution are implemented as directed by the Prime Minister and his deputies, we need not wait until 2025 or 2030 to achieve our goals. We can accomplish them in a much shorter time, even at a rapid pace reminiscent of the Ho Chi Minh Campaign.
Ms. Mai Kieu Lien, CEO of Vinamilk, speaks at the seminar.
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Our country has endured numerous wars and difficult periods, but since the 6th Party Congress’s resolution on renovation, the Party and the State have granted autonomy to businesses. From relying on food aid to achieving self-sufficiency and becoming a food exporter, this policy mobilized the entire population to contribute to economic development alongside the State. The 8th Party Congress’s policy of equitization gave rise to numerous private companies, significantly contributing to the formation and growth of Vietnam’s private sector. We believe that within just a decade, these private companies have made remarkable strides. Resolution 68 of the Central Committee and the Politburo will mark another milestone in our economic development.
Our country started from a low base due to prolonged wars and embargoes. However, we have the advantage of leapfrogging. There are technologies that might take 10 to 15 years to learn and research, but we can now readily adopt and apply them. This is a significant advantage for latecomers. For example, while the world has had high-speed rail for a long time, if we focus our efforts, we can achieve this immediately. By embracing the latest technology, we can be highly efficient.
The Government’s resolutions and policies are very clear. The question is how do we implement them? It all comes down to people. In a business, success or failure depends on its people, and the same is true for a country. If everyone unites with the Government and implements the policies correctly and thoroughly, I believe all enterprises will thrive, and this is a global trend. It’s not just about GDP or revenue; it’s also about sustainable, green, and clean development. Both state-owned and private enterprises abide by the law, but there are things that are not prohibited by law that we will not do because they benefit us at the expense of others. We believe that such enterprises will develop sustainably and prosper.
Lastly, we pledge to abide by the law to develop. However, we respectfully request that if any problems or obstacles arise during the implementation process, the ministries, sectors, levels, and the Government quickly address them. For businesses, seizing opportunities can mean gaining a five- to ten-year head start, while missing them can set us back by 50 years. In our company, when an issue arises, it must be resolved within 48 hours by the final decision-maker. For the Government, I respectfully request that a timeframe be set for addressing issues that arise, whether it be 7 or 15 days or any other suitable period. This will ensure that bottlenecks in enterprises are promptly addressed, allowing for smooth progress, just like unblocking a water flow.
– 17:32 31/05/2025
“Proposed Annual Business Inspections: A Single, Coordinated Approach”
“A proposal has been put forward by Mr. Nguyen Quoc Hiep, suggesting the need for a coordinating agency to oversee inspection and examination work. The primary goal is to ensure that businesses are inspected only once a year, thereby reducing any potential burden on enterprises.”
Dr. Can Van Luc: Building a Corps of Competent and Ethical Entrepreneurs
“Dr. Can Van Luc emphasizes that one of the most important solutions put forward by Resolution 68-NQ/TW is to foster a community of competent and cultured entrepreneurs who abide by the law and conduct themselves with integrity and adherence to ethical business standards.”
The Breakthrough Era for Private Economy
Private enterprises are now encouraged to enter strategic sectors that were once considered “off-limits”, such as defense industry, security, and high-speed railways.
Unlocking Vietnam’s Economic Potential: Prime Minister Pham Minh Chinh’s Seven Tasks to Empower the Private Sector
“Concluding the discussion with businesses on private sector development, Prime Minister Pham Minh Chinh summarized six key takeaways from the delegates’ passionate contributions; he shared six hopes, trusts, and expectations for businesses and entrepreneurs. The Prime Minister also outlined seven task clusters and solutions that the Government, ministries, sectors, and localities must focus on implementing in the coming time.”
The Powerhouse Province: Commanding 100,000 Billion VND in Project Investments with Just 0.6% of Vietnam’s Land Area and 1% of Its Population
This province boasts immense potential for the development of marine-based industries. With its strategic location and abundant natural resources, it serves as a prime hub for fostering a robust blue economy. The region’s untapped maritime prospects present exciting opportunities for sustainable growth and prosperity.
