Tin mới
Numbers speak about the situation of enterprises (16/5)
16/05/2012 - 11 Lượt xem
Minister of Planning and Investment Bui Quang Vinh said that to perform the task, the Ministry had instructed the General Statistics Office to coordinate with tax agencies and local business registration offices to review specific data on actual businesses that were operating in the economy. In addition, the Ministry had also asked the General Statistics Office to survey more than 10,000 sample enterprises of different economic sectors from April 1 to 25.
Since 2009, the Ministry of Planning and Investment and the Ministry of Finance have incorporated the business registration and registration tax process which allows a nationally common networked use of tax codes, customs codes and statistics code among state management agencies, favoring the investigation and review.
According to the survey results, 23,971 new enterprises were established within the first four months with total registered capital of VND130.044 trillion, down 10.5 percent in the number of enterprises and 14.1 percent in total registered capital compared to the same period last year. A number of economic sectors saw decreases in the number of newly established enterprises, for example, mining with 57.4 percent decline, real estate with 54.8 percent, healthcare with 33.9 percent, and construction with 23.9 percent. Most of newly established enterprises are concentrated in the Red River Delta and Southeast.
During the first four months, 17,735 enterprises were dissolved or ceased operation, up 9.5 percent over the same period last year. Ho Chi Minh City, Hanoi, Hai Phong and Da Nang are cities with the highest numbers of dissolved and non-operational enterprises.
Till the end of April, only 463,802 of 647,627 enterprises nationwide were reported to remain operational activities, accounting for 71.6 percent. However, Minister of the Government Office Vu Duc Dam insisted that the increased number of dissolved and non-operational businesses was seen mainly with non-prioritized economic sectors including mining and energy consuming steel production. In a market economy, business creation, dissolution or cessation of operation were normal. In addition, the reported rate of 30 percent was acceptable in the current context.
The Ministry of Planning and Investment's report also highlighted specific comparison data. Accordingly, in the UK, the percentage of firms that survive the third year of operation is only 70 percent; and in the US, this ratio is below 50 percent.
However, the current disturbing trend is that the number of newly established enterprises is continuously decreasing while the number of dissolved and non-operational businesses is increasing, presenting innumerable difficulties local businesses are facing.
Based on assessment of the causes affecting the operation of production enterprises, the Ministry of Planning and Investment offers five solutions to the Government for consideration. They are including maintaining macroeconomic stability and curbing inflation along with the interest rate reduction schedule; implementing some urgent measures to quickly remove difficulties with enterprises and promote growth at a reasonable level but not to destabilize the macro economy; further improving the market economic mechanism to facilitate enterprise operation; speeding up restructuring the economy for better efficiency and competitiveness; and increasing the capacity to predict local and global economic situation.
Chairman of Vietnam Chamber of Commerce and Industry Vu Tien Loc predicted that businesses with weak competitiveness would next time continue withdrawing from the market, which was unavoidable during structurally economic reforms.
According to him, business support measures should be in accordance with restructuring solutions and improve competitiveness of the economy. New policies must continue to support such enterprises as indicated in the Government Resolution 11. In particular, special attention must be paid to potential businesses with temporary difficulties and timely assistance should be made promptly in order that they can withstand and develop./.
Source: VEN
Source: VEN
