VN business environment improves (19/01)
06/08/2010 - 14 Lượt xem
The survey included over 2,500 enterprises in 10 cities and provinces nationwide, which was carried out by the Danish International Development Agency (Danida) and the Central Institute for Economic Management (CIEM) on Thursday.
According to the survey, only 11 per cent of surveyed enterprises thought competition was a barrier to the development process, proving that difficulties in in competitive levels decreased step by step, and that the domestic business environment has improved compared to Danida’s survey in 2005.
Many of the enterprises interviewed claimed that improving policies, abolishing cumbersome administrative procedures and assisting marketing activities are necessary, but that creating favourable conditions for enterprises to get credit easily would be the best support the Government could give to them.
Following the survey, only 36 per cent of investigated applied for bank loans. One-fifth of them were refused. The remaining 64 per cent of enterprises who need irregular loans are also facing obstacles.
The survey shows that enterprises finding it hard to get credit on the market often seek out unofficial credit sources.
Source: VNS
