Vietnam’s Private Sector after Ten Years of the Country’s WTO Membership

The development of private sector can be seen as one of the positive and important results of Vietnam’s offi cial accession to the World Trade Organization (WTO) in 2007. The sector has become a signifi cant force contributing to economic growth and international economic integration, which is a major driving force of the Vietnamese economy. This paper evaluates the development of private sector enterprises after 10 years of Vietnam’s WTO membership and the challenges to their role as an important and fundamental driving force of economic growth and development in Vietnam, especially in the context of the Fourth Industrial Revolution.