Among the changes believed to be pivotal for Vietnam’s next phase of economic development, the first is Resolution 68, which clearly signals that Vietnam’s growth will be driven by the private sector. The article says Resolution 68 clearly signals that Vietnam’s growth will be driven by the private sector.. (Photo: VNA)Another key change is to bringing the informal economy into the formal system. Household businesses are estimated to account for around 20–30% of Vietnam’s GDP, yet tax collection from this group has historically been modest. The article also underscores tighter regulations, noting that for many years, market standards in Vietnam were relatively loose. Vietnam’s economy can accelerate meaningfully over the next five years under the 2026–2031 leadership term.

Source: VietNamNet News December 31, 2025 12:46 UTC