Vietnam's Đổi Mới reforms in 1986 proved that gradual market liberalization works better than shock therapy, but I wonder if we've now swung too far toward state capitalism. When I look at how VinGroup dominates everything from real estate to EVs, or how state-owned banks still control over 40% of lending, the private sector feels like it's competing with one hand tied behind its back. The GDP growth numbers look great on paper—7% last year—but the gap between Hanoi's luxury towers and rural provinces like Điện Biên keeps widening. Should we keep prioritizing state champions, or is it time to let small private firms lead the next phase of economic reform?