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Vietnam’s goal of having 1 million enterprises still far away
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 25/07/2021
  
10:00
GMT+7
Expectations to transform business households into companies have been unsuccessful as most households did not want to officially become companies. The goal to have 1 million businesses by the end of 2020, thus, was not met.
The Government’s Resolution 35/NQ-CP dated May 16, 2016 set a target to have 1 million businesses by 2020, including large-scale ones with strong resources.
In 2015, nearly 443,000 enterprises were in the country. In order to achieve the target, the average number of newly established enterprises each year had to increase by 17.7%, which was an ambitious goal. ....

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