Nguyen Thien Nhan, who is also president of the Vietnam Fatherland Front Central Committee, raised the matter at a conference held by the Youth Union on Wednesday.
The conference aimed to collect the opinions of young people nationwide for the coming 12th Communist Party Congress.
Speaking at the conference, Nhan said: “This is a chance for young people to contribute to the country’s development drive.”
The forum posed the question: What should young people do to contribute to the country’s development in the next five years?
“At present, the country has 500,000 businesses.
“So what should young people do to increase the number to about one million in the next five or 10 years?” he said.
“The Youth Union should launch projects to form enterprises and establish new-style cooperatives in localities for agricultural development,” he added.