Over 1,700 businesses were established in Dong Nai

(ĐN)- Vietnam saw 66,800 newly established businesses and 45,000 businesses resuming operations in Jan-May, a year-on-year increase of 11.3%, according to the Ministry of Finance. However, enterprises continue to face barriers in credit access, land use, administrative procedures, skilled labor, technology application, digital transformation, and market expansion.

Businesses are calling for stronger government support such as low-interest loans, tax breaks, and land rental incentives in industrial zones. They also seek streamlined administrative procedures, transparent policies, and programs promoting market access and trade connections.

Experts emphasize that businesses themselves must innovate constantly, adopt digital tools, optimize operations, enhance online presence, and strengthen brand identity and customer care to ensure sustainable growth.

In Dong Nai, over 1,700 businesses were newly established in the first 5 months, but more than 1,400 suspended operations. Easing structural challenges could help more businesses return, boosting investment and supporting strong economic growth.

Reported by H.G