Private economic development - An important dynamics of the socialist oriented market economy

During the recent congresses of the Party, the private economy was identified as an important driving force of the economy and the State made many appropriate decisions to encourage the private economy to continue to develop. However, the practice of private economic development still has many obstacles and limitations. The article outlines the process of awareness and development of the private economy, clarifies the current situation and causes of limitations, thereby, proposes some solutions to further affirm the important role of the private economy in accordance with the law spirit of the 13th Party Congress.