PM chairs unprecedented policy dialogue with private companiesPM Nguyen Xuan Phuc chaired the first-ever policy dialogue with leaders of 14 top private corporations. This is the first time PM Nguyen Xuan Phuc chairs policy dialogue with private companies in a bid to seek ways to create favorable business environment for development of the private sector. According to statistics, private economy has become an important economic engine of Viet Nam. Since 2010, the sector contributed over 43% to the country’s gross domestic product compared to around 28.9% of the State economic sector. One of the keys to economic growth in Viet Nam is the private sector, the PM said, adding that the Government expects to raise the private sector’s GDP share to 50-60% in the coming years.

Source: VietNamNet News September 30, 2017 09:33 UTC