TO STRIVE IN THE PERIOD OF 2021-2030, THE AVERAGE GROWTH OF INCOMES FOR LABORERS REACH 25-30% PER YEAR
On October 11, 2019, the Prime Minister issues the Decision No. 1362/QD-TTg on approving the Plan on Sustainable Development of the Private Sector till 2025, with the vision to 2030.
To remove psychological barriers and create business environment for private enterprises to develop without restriction, the Prime Minister approves the Plan with objectives such as:
- To enhance the quality and performance of private enterprises, striving to have at least 1.5 million enterprises by 2025 and 2 million by 2030;
- In the 2021-2030 period, the average growth of the
number of laborers working at the private sector will attain 6-8% per year; the average growth of incomes for laborers will reach 25-30% per year; the average growth of State budget contributions will obtain 23-25% per year…
To achieve these objectives, the following groups of solution shall be applied: To encourage enterprises to apply sustainable business models; To promote innovative startups and the effective implementation of policies supporting small and medium-sized enterprises; To encourage private enterprises to apply science and technology, and take advantages of industrial revolution 4.0…
This Decision takes effect from the signing date.
