The exhibition held on May 18-19, 2025, at the National Assembly Building in Hanoi, titled “Resolution No. 68 – A New Driver for Vietnam’s Private Economic Development,” marked a defining moment in the story of Vietnam’s economic evolution. More than a mere trade show or product fair, it represented a deliberate, high-profile stage where the government and private sector converged to showcase innovations, successes, and ambitions, setting the tone for a more private-enterprise-driven future. This event brought together pioneering technological solutions developed by CT Group and its member technology companies, illustrating the tangible impact of Resolution No. 68, a policy designed to supercharge private economic growth and diversification across Vietnam.
Understanding the importance of this exhibition requires unpacking the context and essence of Resolution No. 68. Vietnam’s economy is shifting gears rapidly, moving away from a model dominated by state-owned enterprises toward one where the private sector assumes a central role. The government’s acknowledgment of this shift surfaces in Resolution No. 68—a policy framework crafted to unlock innovation, stimulate investments, and cultivate an environment that welcomes and nourishes private enterprises. This resolution is a signal that the private sector is no longer a peripheral player but a critical engine powering economic transformation. The exhibition, therefore, was more than a display of goods and technologies; it served as a beacon illuminating the real-world outcomes of progressive public policy and its role in shaping the nation’s economic trajectory.
At the heart of the exhibition was a clear message: the private sector holds immense potential to propel technological advancement and diversify Vietnam’s economic landscape. CT Group, a heavyweight in the country’s technology scene, along with its affiliated companies, presented cutting-edge innovations born from deep research and development efforts. The technologies on display were not confined to one niche but spanned multiple industries, signaling Vietnam’s march toward a knowledge-based economy. This shift reflects a fundamental economic reorientation where private companies embody the innovation and agility needed to compete on a global scale. The event illustrated not only the direct stimulative effect of Resolution No. 68 on enterprise activity but also placed a spotlight on the private sector’s readiness to rise to the challenge of global competitiveness.
One of the exhibition’s paramount functions was its role as a strategic platform for highlighting private sector achievements. Historically, Vietnam’s economic narrative has been state-centric, with state-owned enterprises often positioned at the forefront of development dialogue. This exhibition challenged that status quo by positioning private firms as indispensable contributors to national progress. By elevating their achievements within national economic conversations, the event fostered a new narrative of partnership rather than competition between state and private sectors. This shift encourages mutual reinforcement, where government policy and private enterprise work in tandem, complementing each other to drive economic success. The exhibition thus played a tactical role in reshaping perceptions and encouraging a more balanced approach to economic leadership in Vietnam.
Moreover, the technological innovations on display did more than underscore commercial success; they highlighted the private sector’s capacity to transform socio-economic realities. Innovations drive productivity gains, create employment opportunities, and enhance the competitiveness of the Vietnamese economy in the global arena. By intertwining innovations with government policy objectives, the exhibition demonstrated a model of collaborative synergy. This union between policymaking and private execution is critical for fostering sustainable growth. It signals an evolution toward a more mature form of economic governance—one that embraces inclusivity, responsiveness, and dynamism as key pillars in Vietnam’s development strategy.
The exhibition also played a crucial role in building confidence among a diverse set of stakeholders, including investors, policymakers, consumers, and entrepreneurs themselves. Demonstrating clear, tangible results from policies like Resolution No. 68 builds trust and motivates further engagement and support for private sector-led initiatives. This confidence is a vital driver for quicker economic reforms and the fostering of an innovation-friendly business climate. Hosting the exhibition within the National Assembly Building added a symbolic layer, physically bridging the gap between legislative support and operational business achievements. It underscored the message that progressive policymaking isn’t just rhetoric—it has real, visible impacts on the ground.
In essence, this exhibition was more than an event; it was a milestone illuminating the evolving dance between public policy and private entrepreneurial dynamism in Vietnam. It showcased how legislative measures such as Resolution No. 68 not only encourage technological innovation but also enhance socio-economic development through private sector participation. The event translated abstract policy into palpable reality, offering a clear path toward a robust private economy acting as a catalyst for Vietnam’s future growth. As the country continues its journey towards economic modernization and global integration, the private sector, fueled by the impetus of Resolution No. 68, stands ready to drive innovation, create jobs, and secure a prosperous future for Vietnam.
For those eager to understand the pulse of Vietnam’s economic transformation, the breakthroughs on display at the Resolution No. 68 exhibition offer an inspiring glimpse of tomorrow’s innovations — a vibrant testament to the country’s bold pivot toward harnessing private enterprise as the new motor behind national progress.
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