17/09/2025

Vice Chairman of the Board of Directors of T&T Group Do Vinh Quang proposes an important group of recommendations at VPFS 2025

On the afternoon of September 16, within the framework of the High-level Dialogue Session of the Vietnam Private Economic Forum 2025 (VPFS 2025), Mr. Do Vinh Quang, Vice Chairman of the Board of Directors of T&T Group, Chairman of the Board of Directors of Vietravel Airlines proposed many important groups of recommendations related to the promotion of internal business resources.
The forum was honored to welcome Prime Minister Pham Minh Chinh to attend and give a speech. Also attending were nearly 1,000 delegates who were leaders of the Party, State, Government, central and local departments, ministries, branches; representatives of international organizations; and a large number of experts, scientists and the business community nationwide.

Internal resources are the core value of the private sector

Presenting at the dialogue session, Mr. Do Vinh Quang, Vice Chairman of the Board of Directors of T&T Group affirmed: The Vietnam Private Economy Forum 2025 is an event of national stature, a place not only to dialogue but also to concretize actions, policy proposals, etc towards the common goal of "Unleashing potential – Creating the future of Vietnam".

In particular, in the context that the whole nation is entering a new era of development with strong aspirations and comprehensive integration, the Politburo has issued the "Four Pillars of Resolutions". According to the Vice Chairman of the Board of Directors of T&T Group, this is a strong political and institutional corridor, opening up new development space for the private sector to affirm its role as one of the most important drivers of the national economy.

Mr. Do Vinh Quang raised the group of proposals at the High-level Dialogue Session of the Vietnam Private Economic Forum 2025

 

Facing that opportunity, one of the most core values for private enterprises to accompany the country is internal resources. Solid internal resources will help businesses survive fluctuations, seize opportunities, create a foundation for integration, and reach out to the region and the world.

As one of the leading multi-industry private economic groups in Vietnam, over the past 30 years, T&T Group has developed a multi-industry ecosystem spanning almost all key sectors of the country's economy: finance – banking, energy, real estate, agriculture, forestry, sports, industry and trade, logistics, transport infrastructure, seaports, and aviation. In particular, there are many large-scale projects of national and regional stature, contributing to improving competitiveness and sustainable development.

T&T Group proposes 3 groups of important recommendations

From the perspective of business representatives, Mr. Do Vinh Quang raised 3 groups of important proposals for the private economic sector to continue to further promote internal resources.

Firstly, it is necessary to continue to improve transparent institutions, healthy competition, remove barriers for private enterprises to have fair access to resources, such as land, credit, infrastructure, tax and fee policies, etc.; thereby creating a stable business environment and reducing policy risks.

"When barriers are removed, private enterprises will boldly make long-term investments, including new, difficult and high-tech fields, thereby improving competitiveness and contributing more to the economy," said Vice Chairman of T&T Group's Board of Directors.

Secondly, it is necessary to build a medium and long-term capital incentive mechanism, especially in key industries, which play a driving role, requiring large and long-term capital such as aviation, logistics, energy, infrastructure, etc. In addition to increasing preferential credit, it is necessary to develop a healthy capital market, promote the issuance of safe corporate bonds, encourage international capital mobilization and form infrastructure development investment funds and innovation funds. This will be an important resource for private enterprises to be able to invest in projects of national and regional stature.

View of the High-level Dialogue of the Vietnam Private Economic Forum 2025.

 

Third, it is necessary to promote digital transformation, open national data and simplify administrative procedures. One of the major difficulties of businesses is that it takes a lot of time and cost to access information, carry out procedures for investment, land, construction, tax, and customs. The synchronization of data between ministries and sectors, the promotion of full-process online public services, along with the expansion of the national database on land, enterprises, and finance, will help significantly save resources for both the State and enterprises. At the same time, this also improves transparency, forecasting, and creates a modern and favorable business environment, associated with the global digital governance trend.

"The above recommendations are the common voice of the Vietnamese private business community. And we are also aware that, in order for the proposal to become a reality, each business must make their own efforts, actively build their internal resources and responsibilities to be able to unleash their potential, reach out to make breakthroughs, and work with the Government and the business community to create the future of Vietnam". Vice Chairman of the Board of Directors of T&T Group emphasized.

The Vietnam Private Economy Forum 2025 is a national-scale policy – dialogue – action initiative, under the direction of the Central Committee of the Ho Chi Minh Communist Youth Union and the Central Committee of the Vietnam Youth Union, in collaboration with the Vietnam Association of Small and Medium Enterprises. The forum includes local dialogue rounds; thematic dialogue rounds and high-level dialogue sessions with the participation, chairmanship and direction of Government leaders.

According to the representative of the Organizing Committee, this year's Vietnam Private Economy Forum demonstrates the aspiration of entrepreneurs to accompany the team of entrepreneurs in the process of institutional innovation, improving the endogenous capacity of the private economy in the new era.