1,000-pioneering-firms programme aims to elevate Vietnam's private sector
Hanoi, July 20 -- Vietnam is stepping up efforts to build a new generation of competitive private enterprises capable of driving innovation and strengthening the country's integration into global value chains. A new programme on developing 1,000 pioneering enterprises for 2026-2030 is expected to provide fresh momentum for enhancing the competitiveness of Vietnamese businesses while fostering sustainable economic development. Hoang Quang Phong, Vice Chairman of the Vietnam Chamber of Commerce and Industry (VCCI), said Vietnam currently has around 1 million operating enterprises, contributing nearly 60% of GDP, accounting for about 98% of the country's total export turnover, and creating jobs for approximately 85% of the workforce. Many Vi...
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