Ho Chi Minh City, April 21 -- A series of Politburo resolutions is placing new demands on Vietnam's growth model, particularly in Ho Chi Minh City, making it essential to reassess the roles of key economic sectors and improve coordination between the state and the market to sustain rapid and durable growth.​

Economists say that in the new development phase, the state and private sectors are not in competition but complement each other within a unified growth ecosystem. The state sector plays a guiding role, ensuring macroeconomic balance, while the private sector acts as a key engine of growth, innovation and global integration. Strengthening institutions to enable both sectors to develop in harmony, in line with Resolutions 68 and...