Chairing the second meeting of the National Steering Committee for building the private economic sector development project, PM Pham Minh Chinh, who is head of the committee, stressed that the project must fully uphold and inherit the Party and State’s guidelines and policies on the development of the sector, especially following and concretizing the directives and content of Party General Secretary To Lam's recent article on the private economy.
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Private sector encouraged to join major national programs, projects |
It must fully unleash the productive capacity and resources of the country through the private sector; mobilize all private resources for national development; harness the effectiveness of internal forces, including human, natural resources, history, and culture, while effectively combining them with external resources such as capital, technology, human resources, and management experience, he said.
The Government leader emphasized the need for a full and profound understanding of the role and importance of the private sector within the overall economy, identifying it as the most important driving force for national economic development.
To ensure the development of this sector, it is essential to guarantee property rights, the freedom to do business, and equal access to natural resources and national assets, PM Pham Minh Chinh stated, adding that there must be a shift from a passive approach of receiving and addressing administrative procedures and citizens' and businesses' requests, to a proactive and active approach that promotes the development of the sector for the benefit of the nation and the people.
The PM also stressed that the project must propose solutions for institutional improvement, including the development and implementation of institutions that ensure transparency, reduce administrative procedures, eliminate unnecessary steps that cause inconvenience or bottlenecks for citizens and businesses, and minimize compliance costs to the highest extent possible.
Private enterprises must be mobilized and assigned tasks to participate in the implementation of the three strategic breakthroughs that the Party and State are carrying out, especially in major infrastructure projects such as high-speed railways, airports, seaports, and expressways. Additionally, the private sector should be involved in the modernization of national defense and security industries, as well as in addressing major national issues such as pandemic prevention and control, emphasized PM Pham Minh Chinh.
Source: VNA