51% of Vietnam's GDP comes from the private economic sector

With nearly 1 million enterprises and approximately 5 million individual business households, the private economic sector currently contributes about 51% of GDP, over 30% of the state budget, creates more than 40 million jobs, employs over 82% of the total workforce in the economy, and contributes nearly 60% of total social investment.

The private economy not only expands production, trade, and services but also plays a crucial role in enhancing labor productivity, promoting innovation, and strengthening national competitiveness. Many private enterprises have experienced strong growth, not only dominating the domestic market but also affirming Vietnamese brands in the international market...

(According to Vietnam News Agency/Bao Tin Tuc)