Young businesses and entrepreneurs are encouraged to take the lead in innovation, digital transformation, and green transition.

Young enterprises in Vietnam aim to contribute 15% of
national GDP and create 8 million jobs during the 2025–2030 period, according
to the Vietnam Young Entrepreneurs’ Association (VYEA).

At its 8th National Congress for the 2025–2030 term, held in
Hanoi on November 27, the association also revealed plans to expand its membership
to 35,000–50,000 enterprises.

The VYEA also targets supporting 50,000 business
households in transitioning into enterprises, providing professional consulting
services to 10,000 companies, ensuring 80% of member enterprises apply digital
technologies, and engaging 1,000 firms in the AI for small and medium- sized enterprises (SMEs) program.

Addressing the congress, Prime Minister Pham Minh Chinh
called on young businesses and entrepreneurs to take the lead in innovation,
digital transformation, green transition, and in applying artificial
intelligence, big data, and semiconductor technologies in production.

He urged young enterprises to actively participate in
developing green and circular economic models aligned with Environmental,
Social, and Governance (ESG) standards to meet increasingly stringent
requirements from major markets.

The Prime Minister also emphasized the need for the young
business community to pioneer stronger linkages among private enterprises,
household businesses, state-owned firms, and FDI enterprises, leveraging the
strengths of each to build value chains and innovation clusters, thereby
enhancing the global presence of Vietnamese brands.

VnEconomy-Phương Nhi