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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General Secretary, President To Lam receives Minister-President of Belgium's Flanders

General Secretary, President To Lam receives Minister-President of Belgium's Flanders

The top leader called on Flanders to support the early elevation of Viet Nam - Belgium relations to a strategic partnership, take a pioneering role in promoting economic cooperation, encourage businesses to expand investment in Viet Nam, and back the completion of ratification and effective implementation of the EU–Viet Nam Investment Protection Agreement (EVIPA).