Post by : Shakul

Vietnam is entering a new phase of economic transformation as Resolution 79 reshapes the relationship between state-owned and private enterprises. The policy marks a significant shift in development thinking, moving from parallel economic structures to a more integrated ecosystem approach. Under this framework, state-owned enterprises are positioned as a “core force” that builds infrastructure, leads value chains, and creates opportunities for private sector participation.

Business leaders and experts believe that this new model will unlock long-standing bottlenecks in governance, resource allocation, and coordination. By enabling state-owned enterprises to operate more flexibly and transparently, the resolution aims to improve efficiency while encouraging private companies—especially small and medium enterprises—to integrate into large-scale projects. This shift is expected to create stronger economic linkages and more sustainable growth drivers.

The impact of Resolution 79 extends beyond traditional industries into emerging sectors such as digital transformation, green energy, finance, and high-tech agriculture. Experts highlight that improved infrastructure, logistics systems, and policy support will reduce costs and enhance global competitiveness. In particular, the integration of private businesses into value chains led by large state enterprises could open new export opportunities and increase the value of Vietnamese products in international markets.

However, analysts note that the success of this transformation will depend on the readiness of private enterprises to adapt. Companies will need to upgrade management practices, adopt digital technologies, and meet higher standards of transparency and sustainability. If implemented effectively alongside supportive reforms, Resolution 79 could strengthen Vietnam’s economic resilience, boost innovation, and position the country as a competitive player in global supply chains.

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