Its aim is to review the implementation of a resolution on making the private sector an important part of the socialist-oriented market economy in Vietnam over the past two years. Some 2,500 private firms will have the chance to voice their opinions and proposals to the Party and Government officials.
Apart from making the business environment more favorable for existing companies, Vietnam also needs to embrace new startups and help them grow. FDI companies can come in and go out of the country whenever they want, therefore, it is vital to increase the competitiveness of domestic private businesses. This is what experts recommend for Vietnam to develop its private sector this year.
