Bariers in development of private economic sector in Vietnam

Abstract

Over the past few years, Vietnam’s private economic sector has developed in both quantity and quality. Although this sector has contributed 40% of GDP to the economy, the development of this economic sector in Vietnam is still facing many barriers and has not yet reached its full potential in order to play an important “motivation” role in the economy. Based on the recognition of obstacles and challenges for the private economic sector, the article suggests some issues for the development of the private economic sector in Vietnam in the near future.