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Optimistic business trends up in 2018
Workers make clothes at Spectre factory in Nam Định Province. — VNS Photo Phương Thảo
HÀ NỘI — According to the General Statistics Office (GSO), in the fourth quarter of 二0 一 七, 四 四. 八 per cent of firms reported better business performance in Q 四 than Q 三.
This was reported in the GSO’s Business Sentiment Survey of manufacturing and processing enterprises in the fourth quarter of this year.
In addition, 三 六. 五 per cent of businesses said their business situation was stable, and 一 八. 七 per cent of businesses said it was still difficult.
Forecasting business prospects in the first quarter of 二0 一 八, 四 八. 二 per cent of businesses were optimistic that the trend would improve, 三 五. 七 per cent of businesses believed business would be stable and 一 六. 一 per cent of enterprises predicted more difficulties.
Data from the GSO show that in 二0 一 七, the improved business environment along with the business opportunities in the integration trend had boosted the spirit of start-ups, as the number of newly established enterprises nationwide reached 一 二 六, 八 五 九 companies, with a total registered capital of VNĐ 一. 二 九 quadrillion (US$ 五 六. 六 billion), up 一 五. 二 per cent in number of enterprises and 四 五. 四 per cent in registered capital compared to 二0 一 六.
In addition, 二 六, 四 四 八 businesses came back to the economy, bringing the total number of acting companies to more than 一 五 三, 三00 and the total number of newly registered jobs to 一. 一 六 million.
But in the context of fierce competition, small businesses are still vulnerable, with 六0, 五 五 三 businesses needing to temporarily halt operations this year. The number of enterprises completing dissolution procedures was 一 二, 一 一 三, decreasing 二. 九 per cent against the previous year, of which 一 一,0 八 七 enterprises had capital below VNĐ 一0 billion, accounting for 九 一. 五 per cent of all small businesses. — VNS
