As many as 224,200 new businesses have been set up in 2011-2013, accounting for nearly 41% of total newly-established businesses in 1991-2010.
 |
|
The Report on the performance of businessess was released at the Conference with businessess, Ha Noi, April 28, 2014 |
The figures were part of a Report on the performance of businesses and the nation’s socio-economic development in 2014-2015.
In the first quarter of 2014, more than 18,000 businesses registered for establishment, capitalizing at nearly VND98,000 billion, up 17% in the number of businesses and 23% in the registered capital compared to the same period last year.
However, nearly 17,000 enterprises are facing difficulties or ceasing operation, up 9.6%.
Regarding labor force, the private sector demonstrates as the main force, accounting for 96% of total businesses operating in 2010-2012.
On Gross Domestic Products (GDP) density, the private sector remains the lead, making up 48-49% of total GDP in 2009-2012.
The contribution of the State-owned Enterprises (SOEs) to the GDP tends to decrease on the back of the Government’s privatization process, from 37.72% in 2009 to 32.57% in 2012.
The Foreign Direct Investment (FDI) businesses' contribution to the GDP is kept stable, at 17-18% in 2009-2012.
The report also pointed out orientations and solutions to business development in the future such as the improvement of business environment and acceleration of the roadmap and issuance of the Law on Investment (amended) and Law on Enterprises (amended).
(Source:VGP)
