
Hanoi pushes private sector growth agenda
HANOI: Prime Minister (PM) Pham Minh Chinh on May 31 chaired a dialogue with enterprises and business associations to effectively implement a resolution on the private economy's development.
PM Chính said that after the Politburo issued Resolution 68, the government submitted to the National Assembly a proposal to issue Resolution 198 on specific mechanisms and policies to promote private economic development.
The government subsequently issued its own programme and action plan to implement the resolution.
The PM emphasised that the resolutions are already comprehensive and well-coordinated. The most desired now is to organise implementation effectively, guided by the spirit of 'thinking deeply and acting boldly.'
It also needs to find the most efficient approaches to unlock the potential of nearly one million enterprises and five million household businesses.
He called for clearly defining the roles and responsibilities of the state, local authorities, businesses and citizens in implementing the resolution.
PM Chính also urged unity and coordination with the spirit.
'When the party has provided direction, the government is committed, the National Assembly agrees, the people are supportive and the country is hopeful, we only discuss how to act, not whether to retreat.'
At the dialogue, minister and Government Office chairman Tran Van Son announced the decision to establish the National Steering Committee for the implementation of the resolution.
Enterprises and business associations expressed their commitment to operating in compliance with the law, fostering business ethics and a healthy business culture, eliminating opportunistic and illegal practices, renewing their business mindset and enhancing their capabilities.
'If everyone joins hands with the government in fully and faithfully implementing the policies that have been set out, I believe all enterprises will grow. That is also a global trend,' Mai Kieu Lien, CEO of Vinamilk, said.
Delegates also hoped for continued support from the government to facilitate business and production development.
'The state should soon develop and issue a special mechanism for science and technology enterprises in the agricultural sector, including policies on land, credit, tax and training; and amend the Law on Crop Production to align it with other laws,' Tran Manh Bao from Thai Binh Seed Group said.
He suggested establishing innovation support funds and developing a mechanism for cooperation and technology transfer between the public and private sectors.
Nguyen Van Khoi, president of the Vietnam Real Estate Association, said the priority is to address institutional bottlenecks and guarantee rights that enable private economic development. — Viet Nam News/ANN
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Barnama
35 minutes ago
- Barnama
TNB Profit, 5G Progress Expected To Take Spotlight In Dewan Rakyat Today
KUALA LUMPUR, Aug 13 (Bernama) -- The annual profit rate of Tenaga Nasional Berhad (TNB) following the electricity tariff hike and progress on the fifth-generation (5G) wireless cellular technology project are expected to take the spotlight in today's Dewan Rakyat sitting. According to the Order Paper on Parliament's official website, Lim Guan Eng (PH-Bagan), during the oral question-and-answer session, is to ask the Minister of Energy Transition and Water Transformation to state TNB's annual profit and the additional profit that can be obtained after the electricity tariff hike for the commercial sector on July 1. He also seeks to know whether the 14.2 per cent increase can be postponed or staggered, in light of TNB's reported profit surge of more than 70 per cent last year. Tanjong Karang MP Datuk Dr Zulkafperi Hanapi is scheduled to ask the Minister of Communications about the latest progress and data on the 5G project, as well as the government's strategy to expand coverage to rural areas. During the same session, RSN Rayer (PH-Jelutong) is set to ask the Minister of Transport about measures taken to prevent tragic accidents such as those in Teluk Intan and Gerik, Perak, which claimed the lives of members of the Federal Reserve Unit (FRU) and Universiti Pendidikan Sultan Idris (UPSI) students. Muhammad Islahuddin Abas (PN-Mersing) is also to ask the Minister of Higher Education about the rationale behind relocating Universiti Sains Islam Malaysia's (USIM) teaching hospital from Nilai to Kota Tinggi. After the Q&A session, the sitting will continue with the debate on the 13th Malaysia Plan (13MP), which began last Monday and has so far seen participation from 78 MPs. 13MP, themed 'Redesigning Development,' was tabled by Prime Minister Datuk Seri Anwar Ibrahim on July 31, with RM611 billion in investments to be allocated by the government to drive national development from 2026 to 2030. The current Dewan Rakyat session runs for 24 days until Aug 28.


The Star
an hour ago
- The Star
Malaysia launches world's first syariah-compliant AI app
KUALA LUMPUR: The launch of NurAI, the world's first syariah-compliant application, is a technological solution to address factual inaccuracies related to Islamic fatwas and rulings that are often conveyed through artificial intelligence (AI) content on Western platforms. Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi (pic)said NurAI, which is based on the Large Language Model concept and developed entirely based on Islamic values, not only processes language but also understands manners, preserves the law and upholds the cultural dignity of Muslims. Ahmad Zahid, who officiated the launch, also said the application took into account that most AI systems are developed in the West 'but the values and priorities they bring are not necessarily in line with our way of life and aspirations,' Bernama reported. 'In fact, there are studies that have found that there are AI content related to Islam on Western platforms that contain bias or factual inaccuracies, thus presenting a negative image of our religion and culture. 'We have witnessed how AI systems give answers that contradict syariah principles when asked about Islamic financial law or quote unauthentic sources when discussing aqidah issues. This is a gap that we must close and InsyaAllah, I am confident that NurAI can do it,' he said. Ahmad Zahid added that this shift is not only a symbol of innovation, but also serves as an instrument of technological diplomacy in positioning Malaysia as a leader in syariah-compliant AI. 'It also opens the door to strategic cooperation with Asean countries and the Organisation of Islamic Cooperation, thus strengthening Malaysia's influence on the international stage. 'Make this platform the basis for shaping the thinking of the community, answering questions about halal and haram, providing guidance on zakat and faraid, providing syariah-compliant investment advice openly and ultimately guiding the community based on true and recognised Islamic disciplines,' he said. Ahmad Zahid hoped that the launch of NurAI would mark the start of a major movement involving the entire national ecosystem.

The Star
an hour ago
- The Star
‘Balance prosperity with equity'
Regional unity: Fadillah (centre, front row) posing for a group photo, flanked by Nga and Dr Zaliha at the opening of the Asean Sustainable Urbanisation Forum, the Asean Governors and Mayors Forum and the Meeting of Governors and Mayors of Asean Capitals at the Kuala Lumpur Convention Centre. — Bernama KUALA LUMPUR: Asean must ensure that the prosperity generated by rapid urbanisation is shared equitably among all communities and is not achieved at the expense of the vulnerable, says Datuk Seri Fadillah Yusof. The Deputy Prime Minister said urban areas in Asean are already home to more than 370 million people, contributing 70% of the region's gross domestic product and powering a US$3.8 trillion (RM16 trillion) economy in 2024. He said by 2050, seven in 10 Asean citizens are projected to live in cities, making urban centres critical drivers of regional growth. 'However, prosperity is not evenly shared. We still see gleaming skyscrapers casting shadows over informal settlements, and infrastructure stretched beyond capacity. 'As Asean moves towards becoming the world's fourth-largest economy by 2030, we must ensure urbanisation delivers not only growth, but fairness and opportunity for all,' Fadillah added. He said this in his keynote address at the opening of the 2025 Asean Sustainable Urbanisation Forum, Asean Governors and Mayors Forum and the Meeting of Governors and Mayors of Asean Capitals here yesterday, Bernama reported. Also present were Housing and Local Government Minister Nga Kor Ming, Minister in the Prime Minister's Department (Federal Territories) Datuk Seri Dr Zaliha Mustafa, Kuala Lumpur Mayor Datuk Seri Dr Maimunah Mohd Sharif and Asean Deputy Secretary-General for Community and Corporate Affairs Nararya Sanggramawijaya Soeprapto. Fadillah, who is also the Energy Transition and Water Transformation Minister, said that as Asean Chair, Malaysia reaffirms its unwavering commitment to deepening regional cooperation, advancing economic integration and safeguarding peace and stability in South-East Asia for the region's communities. He stressed that urbanisation must serve as a unifying force, adding that urgent solutions are needed for challenges such as housing shortages, mobility bottlenecks and climate risks, including recurring floods, choking smog and sinking streets. 'Inclusivity means no one is left behind. Women, youth, the elderly and persons with disabilities must all have a voice in shaping our future cities,' he said, adding that accessible transport, affordable housing and digital connectivity for rural migrants are essential. On sustainability, Fadillah said it is 'not optional' but essential for survival, noting threats such as rising sea levels in Vietnam's Mekong Delta and intensifying heatwaves across the region. He praised proven Asean innovations in finding climate crisis solutions, citing Singapore's green building standards, Indonesia's renewable energy transition and Bandung's digital governance, as well as Brunei's smart water management. He said they are aligned with United Nations Sustainable Development Goals (SDGs) and respect Asean's diversity. Fadillah also stressed the role of mayors and local governments as 'frontline architects' of Asean's transformation. He said they should be central to regional decision-making and be equipped with advanced tools such as AI-powered urban planning, systematic knowledge-sharing and stronger cross-border networks. 'Your leadership will determine whether our cities become models of equity and environmental harmony, or cautionary tales of unchecked growth. 'Let us seize this moment to build partnerships, inspire bold policies and create a legacy of thriving, liveable communities for generations to come,' he said. The three-day forum started yesterday with the theme 'Asean Future Cities and Regions: Inclusivity and Sustainability'. It aligns with the Asean Community Vision 2045 and brings together the Asean Smart Cities Network and Asean Sustainable Urbanisation Strategy.