Promoting Private Sector Participation in Public Service Provision

09:34, 11/07/2024

According to the directive of the Central Executive Committee of the Communist Party in Resolution 10-NQ/TW: Developing a healthy, efficient, and sustainable private economy is an important driving force of the socialist-oriented market economy; therefore, many objectives and solutions have been proposed. For example:

- Promote private investment, creating favorable conditions for the private economy to participate in the provision of public services;- Improve policies supporting the development of small and medium-sized enterprises, the startup movement, laying the foundation for the formation of mixed-ownership private economic groups and private capital contribution to state economic groups;- Encourage and support private economic investment in research and development activities, application, and transfer of advanced technology.- Simplify and shorten the processing time of administrative procedures regarding the establishment of enterprises, business registration, licensing, taxation, export, import, dispute resolution, litigation, trial, enforcement of judgments, bankruptcy,…

Resolution 10-NQ/TW 2017 issued by the Central Committee on June 3, 2017.

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