In 2025, Ho Chi Minh City sets a double-digit growth target, in which the private economic sector is said to have a lot of growth potential.
Mr. Nguyen Duy Thien - Acting General Director of Kalapa - analyzed: "Vietnam is facing a historic opportunity to enter an era of rising up, to realize this new era, we hope that the State will soon issue specific mechanisms, such as the sandbox model, allowing the testing and rapid implementation of AI applications, supporting businesses to access capital and resources to boldly invest in research and development of core technology".
In addition, Mr. Thien said that it is necessary to develop specific policies to help small and medium technology enterprises improve international competitiveness, participate in global value chains, and proactively integrate into international markets to create a strong momentum. This helps Vietnam form more and more leading enterprises, bringing the country confidently into an era of growth.
Enterprises also assessed that Vietnam needs to promote the public-private partnership model according to market mechanisms, while creating conditions for private enterprises to develop strongly, form a sustainable ecosystem and contribute more to the economy.
According to Mr. Le Tri Thong - General Director of Phu Nhuan Jewelry Company (PNJ), in the era of growth, connection in the operating system is very important, especially the connection between businesses and policies, between businesses and businesses. It is necessary to build businesses that are capable of leading and supporting smaller businesses. Create mechanisms for these businesses to share and cooperate to form a sustainable private business ecosystem.
In terms of institutions, the State needs to widen the path for businesses, increase investment sources, promote capital flows, and at the same time improve the qualifications of " stewards" - that is, private enterprises. It is necessary to change from a "national highway" to a "speedway" so that private enterprises can make a breakthrough and contribute more to the economy.
To facilitate the business community, Mr. Mai Huu Tin - Chairman of the Binh Duong Provincial Business Federation - said that it is necessary to first increase the investment ratio for infrastructure development in the coming years. Second, it is necessary to actively promote the application of e-Government to eliminate asking for and giving in licensing, applying technology to increase the accuracy of data... Finally, he proposed to focus on developing education, considering this a top national policy, mobilizing all resources to turn the population advantage of more than 100 million people into value.
