(Photo: Lam Khanh/VNA)

Mr. Binh said that the Party and State have paid special attention to private economic development, regarding the private economy an important momentum for national economic development. He emphasized the need to clearly understand that the Fourth Industrial Revolution is an opportunity to increase competitiveness and enable Vietnam to fully integrate into the world economy.

The Deputy PM said the association should continue its reforms, improve its operations, represent young Vietnamese entrepreneurs, help Vietnam’s youth start businesses, be creative, and take the lead in achieving the Government’s national start-up goals.

Meanwhile, the Red Star Club should continue to support the activities of young entrepreneurs and youth movements, Mr. Binh said.