Private sector contributes about 51% of GDP

With nearly one million enterprises and approximately five million individual business households, the private economic sector plays a crucial role in Vietnam's economy. It currently contributes 51% of GDP, generates over 30% of state budget revenue, and provides employment for more than 40 million people, accounting for 82% of the total workforce.
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Viet Nam, U.S. seek to expand cooperation in air cargo and logistics

Viet Nam, U.S. seek to expand cooperation in air cargo and logistics

Deputy Minister of Foreign Affairs Dang Hoang Giang welcomed the visit and commended Atlas Air Worldwide’s leading global position in air cargo transportation, as well as its more than 20 years of operations in Vietnam. He noted that the group has identified Vietnam as a key transit hub in its global transport network, helping enhance connectivity, ensure supply chain continuity and facilitate exports of the country’s major products.