Not just a policy but a consistent political commitment

The implementation of Resolution No. 68 of the Party Central Committee on the development of the private economy by the province is not only a strategic orientation but also a strong affirmation of the consistent political commitment to building a dynamic, integrated and sustainably developed economy.

The private sector is no longer viewed as a supporting component but is now regarded as a pillar—taking the lead in innovation, technology adoption, and digital transformation both nationally and locally.

The province regularly organizes dialogue conferences with businesses to listen and resolve difficulties and problemsOver the past time, this commitment is evidenced by resolutions, action plans, and support policies have been issued continuously and systematically, reflecting a longer, more far-reaching strategy. From the policies of the Provincial Party Committee to the specific actions of the authorities at all levels, there has been consistency, maximizing favorable conditions for the private sector to thrive.

The province regularly organizes dialogue conferences with enterprises to listen and promptly resolve difficulties and obstacles for private enterprises in order to unlock resources for socio-economic development. This is an important and different step for Long An, when the gap between the government and enterprises is shortened, administrative procedures are no longer a barrier but become a support to promote investment and business activities.

Small enterprises - big aspirations

The province has not only focused on attracting major corporations but also placed special emphasis on nurturing the local business ecosystem, using small and medium-sized enterprises as the foundation for sustainable and inclusive growth. Many enterprises, though limited in scale, carry bold aspirations and a forward-looking spirit—actively engaging in digital transformation and adopting modern management practices.

Many enterprises in Long An have gradually transformed themselves into prestigious brands, not only in the province but also reaching out to the regional and national levels, even exporting. Their ambition to grow is not only to increase revenue and expand scale but also to contribute to the overall development of the province, create jobs, increase income for workers and affirm the value of private enterprises in Long An in the new era.

Provincial leaders regularly visit businesses to promptly grasp and remove difficulties, building an attractive investment environment

Understanding the immense potential of private businesses, the provincial government has adopted practical support measures: facilitating access to preferential capital, offering management training, providing technological consultancy, encouraging industrial linkages, and supporting household businesses to formalize as enterprises. Support is not limited to the early stages of investment exploration but continues throughout project deployment, market expansion, and business growth.

This is a clear demonstration of the political commitment to fostering the aspirations of entrepreneurs, while concretizing the spirit of Resolution No. 68 in a very practical way and close to the needs of local businesses.

Growth is no longer the only goal

A special highlight in Long An’s approach to implementing Resolution No. 68 is that the province not only focuses on pure economic growth indicators but also sets a longer-term vision: sustainable development, innovation, regional connectivity and improving the quality of life for the people.This direction highlights the strategic thinking and bold leadership of the province—a development choice that does not pursue quantity but also improves quality, depth and spread.

Concrete evidence of this vision lies in Long An’s targeted investments in critical infrastructure: transport, clean energy, and vocational education—foundational sectors essential for long-term development but often unattractive to private investors due to slow capital recovery and high initial costs.

The expansion of strategic transport routes connecting with Ho Chi Minh City and the Mekong Delta provinces, the development of ecological industrial parks and clusters, the improvement of the power grid and investment in vocational training centers have contributed to creating a synchronous, attractive and sustainable development environment for all types of enterprises.

Notably, Long An is also a pioneer in building a creative startup ecosystem, proactively establishing startup spaces, supporting intellectual property registration and protection, organizing innovation competitions, investment connection forums - all with the goal of creating a "nurturing ecosystem" instead of just shor-term support. This forward-thinking approach enables startups—especially youth-led enterprises—to test ideas, learn from failure, and grow in a flexible, open, and well-connected environment.

Through such concrete actions, Long An is gradually shaping itself not just as an “investment destination” but as a “launchpad for the future” of private sector development. This demonstrates a strong and consistent political commitment—not only to harness existing resources but also to lay a sustainable foundation for long-term, innovative, and responsible growth.

What Future for Long An’s Private Sector?

It is clear that Long An’s business environment has become more open. Administrative systems are more streamlined and transparent; the government acts as a facilitator rather than a controller; information is publicly shared, and dialogue is maintained. However, an open institutional framework is merely a necessary condition. The sufficient condition for turning opportunity into reality lies in the internal capacity of enterprises—a challenge Long An continues to face.

It is undeniable that many private enterprises in the province are still limited in terms of management capacity, finance, technology and long-term development strategy. This is the reason why a paradox occurs: while the government proactively seeks investment, local firms are often not yet strong enough to seize opportunities or integrate into global supply chains. This is the “gap” between policy and practice and the reason why investing in local enterprise capacity should be considered a strategic priority.

Long An is standing at a critical crossroads. With strong institutions, a positive investment climate, and a clear development vision, the province is actively working to transform the private sector into the “leading actor” in its growth story.

The provincial leaders understand that private enterprises need an ecosystem in which they are encouraged to innovate, protected from risks and inspired to grow, not just to survive and maintain numbers.

It is a long story, requiring not only the determination of leaders at all levels but also the courage of enterprises to rise up because developing the private economy is not a sprint but a long journey. And Long An has already begun—with the right steps, and more importantly, with a sincere, practical partnership between the government and the business community./.

Reported by Huong Huynh

Translated by NT