Vietnam to train 10,000 CEOs to strengthen private sector development

The launch, announced on Wednesday along with the summary report of Vietnam Private Sector Forum 2025 (VPSF 2025), marks a major step towards implementing initiatives proposed at the forum’s high-level session held last month.

VPSF 2025, organized by VYEA under the direction of the Ho Chi Minh Communist Youth Union and the Vietnam Youth Federation, and in coordination with the Vietnam Association of Small and Medium Enterprises, served as a national platform for policy dialogue and action between the government and the business community from July to September.

Speaking at the press conference, Dang Hong Anh, VYEA's chairman and head of VPSF 2025, said the report compiles detailed recommendations from the private sector. It is being finalized and will be submitted to the government and relevant agencies to support policy formulation and revision.

He added that VYEA will not only summarize the proposals but also establish a mechanism to monitor and evaluate how government bodies respond to and implement business recommendations.

It will work closely with ministries, agencies, and localities to ensure that the voices of enterprises are heard and acted upon, he said.

The report highlights critical issues related to institutions, innovation, international integration, and corporate governance, while also putting forward several breakthrough proposals, notably, the training program for 10,000 CEOs to help build a new generation of Vietnamese business leaders with vision, integrity, and capability for sustainable growth.

For the 2025–2030 period, the program will be implemented in three phases. A pilot phase to be conducted in the last quarter of this year is expected to train the first 1,000 CEOs; the acceleration and expansion phase (2027–2029) will see 7,000 more; and the sustainability and dissemination phase (by 2030) will complete the target and expand its impact nationwide.

According to the organizers, enhancing leadership capacity is key to strengthening the competitiveness of Vietnamese enterprises and to achieving the national vision of making the private sector a globally competitive driving force by 2045.

Additionally, VYEA plans to develop a digital feedback channel for transparent and real-time interaction with policymakers, as well as hold regular policy dialogue sessions to follow up on the progress of recommendations.

This initiative reflects the association’s strong commitment to ensuring that the forum’s outcomes translate into concrete policy actions, thereby removing bottlenecks and fostering the growth of the private sector.