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To promote equality among economic sectors, the State should build a legal system applicable to business, which needs to embrace transparency, equality, clarity and simplified procedures – PHOTO: MINH DUY “Equality” was one of the 10 key words given by Prime Minister Nguyen Xuan Phuc to private enterprises during Vietnam Private Sector Economic Forum held in Hanoi on May 2. Equality, explained the Prime Minister, is to give the private economic sector fairness before the law, and equitability in competition and in resource allocation versus other sectors, in particular, accessibility to capital, technology, management and human resources. However, in practical terms, inequality in resource allocation has been a serious hurdle to the development of the country’s private economic sector. Contrasting pictures In recent years, the private economy has emerged as one of the key growth drivers pulling along the entire economy as it accounted for some 42% of … [Read more...] about Fairness for private sector