Developing an index of youth participation in private economic development in selected countries: lessons for Vietnam

Abstract

In the context of Vietnam actively promoting the development of the private economy in accordance with Resolution 68-NQ/TW (2025) of the Politburo, the youth are identified as a key subject. However, the system for measuring the level of youth participation and contribution in this sector lacks a systematic approach. This article studies the experience of developing youth development indicators for the private sector in four representative Asian countries - Singapore, South Korea, Malaysia, and Indonesia - through comparative analysis of international indices including the Global Youth Development Index (YDI), the Global Entrepreneurship Index (GEI), and the Global Entrepreneurship Monitor (GEM) report. Based on this, From then on, the article proposes an indicator framework consisting of four groups applied to measure young people's participation in the private economy in Vietnam, including: (1) Access and awareness; (2) Attitudes and intentions; (3) Actual participation; (4) Supportive environment.