The Mekong Delta is Vietnam's premier agricultural economic hub. (Photo: Pham Hai)

The Mekong Delta business community has become well aware of its role, responsibility, and mission in socio-economic development. They have steadily improved management and competitiveness, expanded international cooperation, boosted production, and created more jobs.

Pham Thai Binh, Chairman of the Trung An High-Tech Agriculture Company in Can Tho city, said Resolution 68 clearly demonstrates the Party and State’s determination to renew thinking, remove barriers, and create a more favorable environment for private enterprises to grow. The Resolution has received strong support and high expectations from the business community.

“From my company’s perspective, and by observing businesses across various sectors in the Mekong Delta, I see Party and State policies encouraging private enterprises to jointly develop our country. This Resolution is a strong affirmation. Businesses are very supportive, and we hope the Resolution will soon bring tangible benefits to our lives,” said Binh.

Pham Thai Binh, Chairman of the Trung An High-Tech Agriculture Company in Can Tho city (Photo: Pham Hai)

Resolution 68 is an important milestone for Vietnam’s economy. For the first time, development thinking clearly emphasizes leveraging internal resources and treating the private sector as a central driver of growth, to be partnered with for mutual development. Domestic businesses are showing strong enthusiasm, confidence, and a readiness to make greater contributions to the economy.

The Sai Gon Kim Hong Company, to take one example, is a private enterprise that’s participating in the “One Million Hectares of High-Quality, Low-Emission Rice” project in the Mekong Delta. It’s contributing solutions to reduce seed sowing volumes. The company has transferred technical solutions and helped farmers, who often fail to meet collateral requirements, obtain bank loans for machinery and equipment. The company has introduced flexible installment schemes and connection models, enabling machinery to be shared across regions and seasons. This approach shortens capital recovery time and improves investment efficiency.

Dao Thi Nhu He, the company’s Director, said prioritizing farmers’ interests is the foundation of the company’s long-term partnership with Vietnamese agriculture. This approach shows how private enterprises can realize one of the goals of Resolution 68, a green, efficient, sustainable agricultural sector.

“Our company’s installment program helps people access capital. We also connect the households and farmers who purchase our machinery and products. By operating rotationally across localities, residents everywhere can gain access, ensuring faster capital recovery,” according to He.

The Mekong Delta is a key agricultural region, but the growth rate of agricultural enterprises, particularly new startups, is modest. Resolution 68 is helping the region improve its business environment and access to land, credit, technology, and high-quality human resources. Recently, local authorities have prioritized business development and worked to create a transparent, stable, open environment, with a target of 40,000 businesses in the region by 2030.

Nguyen Phuong Lam is Director of VCCI Mekong Delta Branch (Photo: Pham Hai)

Nguyen Phuong Lam, Director of the Vietnam Chamber of Commerce and Industry, Mekong Delta Branch, said, “When the business environment is favorable, policies are implemented in sync, and support issues are effectively addressed, I believe the Resolution will truly come to life and make a positive impact. Given good conditions, people and businesses will invest boldly.”

“Today, especially among graduates, many aspire to start businesses and develop themselves. We must harness this resource. Under such conditions, the goal of having 2 million businesses nationwide by 2030 is not a difficult task,” said Lam.

Resolution 68 opens up new development space for the private sector and lays the groundwork for a fundamental shift in governance and business thinking. Implemented decisively and substantively, it will help build a strong, dynamic, creative entrepreneurial force, and make a significant contribution to the sustainable development of the Mekong Delta and the national economy.