(FINANCE PUBLISHING HOUSE, 2020) Trần Văn Hợi; Nguyen Ba Linh MSc.
The private economy, which is an economic component based on the private ownership of the means of production, is an important constituent part of the national economy. Private economic development is a long-term strategic issue in the development of a socialist-oriented multi-sector economy, making an important contribution to the successful implementation of the central task of economic development, industrialization, modernization, and enhancing the internal force of the economy in the international economic integration. The private economy, which plays an important role, is one of the driving forces of the economy, annually contributing 43% of GDP and creating 12 million jobs.
