Update: November, 28/2019 – 08:36

Nguyễn Đức Thành, director of the Institute for Economic and Policy Research (VEPR) talks to Việt Nam News about the role of the private sector in the local economy and how it can develop.
How do you see the private sector developing?
In Việt Nam, there are three main types of enterprises: private enterprises, State-owned enterprises (SOEs) and enterprises with foreign direct investment (FDI). Private enterprises, especially the small and medium sized enterprises (SMEs) have fewer opportunities to receive incentives in tax, land and other factors.