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ARTICLE · 28 MAY 2025

GROUNDBREAKING RESOLUTION No.68-NQ/TW – PUSHING PRIVATE SECTOR DEVELOPMENT: What You Must Know!

Duane Morris LLP
Duane Morris LLP
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On 4 May 2025, the Political Bureau of Vietnam issued groundbreaking Resolution No. 68-NQ/TW on the development of the private sector ("Resolution 68").

VietnamGovernment, Public Sector
Oliver Massmann
Oliver Massmann
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On 4 May 2025, the Political Bureau of Vietnam issued groundbreaking Resolution No. 68-NQ/TW on the development of the private sector ("Resolution 68"). Resolution 68 presents visions and key milestones for the development of the private sector from 2030 to 2045, with the primary aim of rapid, sustainable, and high-quality growth for Vietnam. As clearly stated in Resolution 68, the private sector is positioned as the heart of the national economy and a leader in technological advancement and digital transformation. To support the private sector in achieving its goal as set out in Resolution 68, the following shift in perception, the relationship between the State and private entities, policy frameworks, and interaction mechanisms are introduced in Resolution 68:

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