📊 Prime Minister Phạm Minh Chính chaired the conference “Businesses Contributing to Double-Digit Growth and the Prime Minister’s Appreciation for Enterprises” at the Government Headquarters on the morning of March 27.
📊 According to the Ministry of Finance, by the end of 2025 Vietnam had more than 1 million active businesses, an increase of over 25% compared to 2020.
The business sector currently:
🔹 Contributes around 60% of GDP
🔹 Creates jobs for more than 16 million workers
🔹 Serves as a key force in the country’s total import–export turnover
The three business sectors — state-owned enterprises, private enterprises, and FDI enterprises — are increasingly interconnected, creating momentum for rapid and sustainable economic growth.
📈 In 2025, nearly 298,000 businesses were newly established or resumed operations. From May 2025, the average reached 18,000 new businesses per month, up 38% compared to the beginning of the year.
📈 During the period 2021–2025:
🔹 Total social investment reached about 33% of GDP
🔹 The stock market reached 86.7% of GDP
🔹 The bond market reached 30% of GDP
🔹 564 large-scale projects were launched with a total investment of VND 5.2 quadrillion, of which the private sector accounted for nearly 75%
📈 The Government has set a target of economic growth of 10% or higher, guided by the principle:
“Government as an enabler – Businesses as pioneers – Public–private partnership – National development – People’s prosperity.”
Accordingly:
🔹 The Government will continue institutional reforms, reduce administrative procedures, develop infrastructure, and support businesses.
🔹 Businesses play a central and pioneering role in innovation, digital transformation, green transition, and expanding international markets.
The Prime Minister emphasized:
👉 When businesses thrive, the nation prospers.
👉 The Government always listens, accompanies, and expresses appreciation to the business community for their significant contributions to the economy.
Source: Government Information Portal
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