A session during the 12th National Party Congress (Source: VNA)
Hanoi (VNA) – Delegates to the 12th National Party Congress have expressed support of draft congress documents which recognise the private sector as an important driving force of the economy and urge creating all possible favourable conditions for private enterprises with a view to enhancing the economy’s competitive capacity.

Speaking to the press on the Congress sidelines, delegate Nguyen Tan Tuan from Khanh Hoa Province said this new point, compared to documents of the previous Congress, will promote the private sector’s contribution to the national economy. He called for State policies to create an equal playground for all types of businesses.

Sharing this view, delegate Nghiem Xuan Thanh from the Party Organisation of Centrally-run Enterprises emphasised that one of the key factors for economic development is the private sector. He said the document content on the private sector matches the current situation in the country.

Delegate Nguyen Minh Hung from Hai Duong Province said it is a sound decision to shift focus onto the private sector, which has great potential. During the 30-year Doi Moi process, the private sector has proved its important position, which prompted the Party and State to push the equitisation of State-owned enterprises, he said.

For the development of the private sector, the first thing to do is to adjust policies and mechanisms to afford the sector the same conditions as other economic sectors to grow, he said.

In the opinion of delegate Nguyen Thanh Ngoc from Tay Ninh Province, while the content on private sector is a step further in clarifying the orientations set by the previous Congresses, more detailed and consistent policies should be promulgated in the time ahead.

He proposed offering various preferential mechanisms, among which each economic sector can select the most suitable one and define their development direction accordingly. Economic policies and mechanisms should be updated constantly to keep up with the latest development of each type of businesses, he said.

Ngoc also stressed the importance of information provided by official channels to enterprises, particularly in the context of international integration.-VNA