Improving the capacity of Vietnam's private sector in the new stage

Improving the capacity of Vietnam's private sector in the new stage

Improving the capacity of Vietnam's private sector in the new period

Vietnam's private sector is increasingly asserting its role and position in the economy with important contributions to economic growth, investment, employment, income, etc. With many mechanisms and policies issued, creating conditions for the private economic sector to develop, some large private economic groups have been formed and developed, demonstrating their capacity, brand, and position in the country, the region and the world. However, Vietnam's private sector is large in quantity but not in high quality. Main entities of private sector are small-scale, micro-enterprises with low capacity. The Covid-19 pandemic has made the weaknesses of the private sector even more obvious.

Under the Australia Supports Economic Reform in Vietnam (Aus4Reform) Program, the Central Institute for Economic Management researched the report "Improving the capacity of Vietnam's private sector in the new period”. 

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