Business

Public-private partnership applied flexibly in Vietnam: official

A number of legal documents on public-private partnerships (PPP) were issued in Vietnam , and this form of cooperation has been applied flexibly in various fields.
Public-private partnership applied flexibly in Vietnam: official ảnh 1Deputy Minister Ho Thi Kim Thoa (Source: moit.gov.vn)

HCM City (VNA) – A number of legal documents on public-private partnerships (PPP) were issued in Vietnam , and this form of cooperation has been applied flexibly in various fields. 

Deputy Minister Ho Thi Kim Thoa made the remark at a workshop on PPP enhancement in Ho Chi Minh City on August 11. 

As many PPP related policies have been promulgated to capitalise on businesses’ potential, the Ministry of Industry and Trade and its provincial agencies have carried out different programmes to support enterprises, especially small- and medium-sized ones, she said. 

The Government’s Resolution 35/NQ-CP, issued on May 16, 2016, stresses the State’s viewpoint on facilitating businesses. It stated that companies have the freedom to conduct a business, and the State treats all businesses equally and works to serve, instead of manage them. 

Many countries have successfully applied PPP to augment resources for State projects amid their public sector reforms. 

Stephen Berlinguette, chief of the US Agency for International Development’s HCM City section, said PPP is now a global trend, adding that the private sector is a new and effective measure to help address problems pertaining to capital mobilisation, technology, management capacity and economic growth promotion. 

Cao Thi Ngoc Dung, chairwoman of the HCM City Association of Women Entrepreneurs said, Vietnam is strongly integrating into international markets through free trade agreements. Meanwhile, 25 percent of Vietnamese businesses are owned by female entrepreneurs, numbering 91,000 in 2015, but they are facing an array of challenges. 

PPP support policies will create favourable conditions for businesswomen’s companies to effectively engage in socio-economic development, she said.-VNA

VNA
#Public-private partnership #cooperation #businesses
Follow VietnamPlus

Related News

See more

Vietnamese Ambassador to Brazil Bui Van Nghi (right) meets with President of the Brazilian Association of Soybean Producers (Aprosoja) Mauricio Buffon in Brasilia. (Photo: VNA)

Vietnam, Brazil boost agri-trade cooperation

The Vietnamese ambassador expressed the country’s desire to increase the export of aquatic products, cashews, wood items, processed farm produce, apparel, mobile phones, computers, and electronic components to Brazil.

A dancing performance at the opening ceremony of the 2025 K–Vietnam Pop-up Festa in Dalat on November 8 (Photo: VNA)

K-Market Vietnam 2025 held in Lam Dong

The event features a series of cultural and trade exchange activities between Vietnam and the Republic of Korea (RoK), with more than 100 Lam Dong and Korean enterprises showcasing typical products from both sides.

Workers handle the preliminary processing of sea grapes before production. (Photo: VNA)

Company brings Vietnamese sea grapes to the world

The Tri Tin Seaweed Company, founded by Le Ben, has pioneered a new path for the province’s aquaculture sector by establishing a fully integrated production chain, applying high-tech processes, and adhering strictly to international standards.

Prime Minister Pham Minh Chinh addresses the 21st meeting of the State steering committee for national key projects in the transport sector. (Photo: VNA)

Entire Cao Bang - Ca Mau expressway must be inaugurated on December 19: PM

PM Chinh, who is head of the steering committee, asked all parties involved to strive hard to achieve the goal of putting 3,000 kilometres of expressways and approximately 1,700 kilometres of coastal roads into operation in 2025, thus creating momentum to welcome the 14th National Party Congress and meeting the travel needs of the people during New Year 2026 and the Lunar New Year Festival.

Prime Minister Pham Minh Chinh (C) presides over the 21st meeting of the State steering committee for national key projects in the transport sector. (Photo: VNA)

Government leader presides over meeting on national key transport projects

Noting that there are less than two months left until December 19 - the date set for the simultaneous ground-breaking and inauguration ceremonies of major projects, the PM emphasised that this is a crucial period to accelerate progress and make breakthroughs in the implementation of key projects and works.

Harvesting cage-farmed tilapia (Photo: VNA)

Vietnam exports first shipment of tilapia to Brazil

This shipment is one of 32 containers, totalling 700 tonnes of tilapia, ordered and imported by JBS Group from Vietnam. The products will first be distributed through HORECA supermarket and distribution network, and showcased in JBS's product display centre in Brazil.

Road leading to VSIP Can Tho at the intersection with National Highway 80 (Photo: VNA)

Green industry lures more FDI to Mekong Delta

The Mekong Delta region, having earned the monikers of the rice bowl, fruit and seafood basket of the country, and following the restructuring of administrative units, is now standing at the threshold of becoming a modern, sustainable industrial centre.

The codification of Resolution 42 into the law, effective from mid this month, is an important step, marking a key milestone in completing Vietnam’s NPL resolution process. (Photo: thoibaonganhang.vn)

Bad debt settlement fully benefits from new policy from H2 2026

Resolution 42, enacted in 2017 to pilot bad debt settlement for credit institutions, was introduced in response to a sharp rise in non-performing loans (NPLs). It empowered credit institutions to seize and liquidate collateral assets, expediting debt recovery. After more than six years of implementation, the resolution delivered certain results but expired last year.

The total retail sales of goods and consumer service revenue were estimated at 5.7 quadrillion VND for the first 10 months of the year. (Photo: VNA)

Retail sales growth remains stable over 10 months

With the current recovery momentum, the trade and services sector is expected to continue being a bright spot in Q4, driving GDP growth and ensuring a balance between domestic consumption and exports amid ongoing global economic fluctuations.

Delegates at the event (Photo: Ministry of Finance)

ASEAN meeting to drive regional cooperation, growth by removing barriers

Running from November 5–11, CCS 111 focuses on advancing service liberalisation and facilitation in ASEAN by removing barriers, enhancing transparency, reducing policy risks, and simplifying administrative procedures to enable businesses and service providers to operate more efficiently.

Goods at Hai Phong Port in northern port city of Hai Phong. (Photo: VNA)

Vietnam determined to build transparent global trade system

The Government of Vietnam on November 6 updated the World Trade Organisation (WTO)’s Committee on Rules of Origin (CRO) on adjustments to the agencies and organisations authorised to issue certificates of origin (C/O), as well as on the application of QR codes in the C/O issuance process.