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Vietnam s goal of having 1 million enterprises still far away

Vietnam’s goal of having 1 million enterprises still far away Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công  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.

Unsecured debts require regulation

Unsecured loan sales may see growth accelerated in response to a Vietnamese government ban on debt collection services – however, experts believed a clearer legal framework and firmer rules would help spur a more substantial unsecured debts market. 

VIETNAM BUSINESS NEWS JUNE 3

VIETNAM BUSINESS NEWS JUNE 3 Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công  03/06/2021    12:20 GMT+7  Stock market hits historic peaks Vietnam’s benchmark VN-Index rose 3 points on June 3 to reach a record-high of 1,340.78 points. Liquidity on the Ho Chi Minh Stock Exchange (HOSE) also posted a new record of nearly 26.14 trillion VND (1.13 billion USD). The southern bourse saw 222 codes rising, 187 codes declining, and 49 remaining unchanged. The HNX-Index on the Hanoi Stock Exchange, meanwhile, rose 3.58 points to 322.05 points, also a new high. Liquidity stood at more than 4.41 trillion VND. It had 112 codes increasing, 79 declining, and 80 staying flat.

VIETNAM BUSINESS NEWS MAY 31

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Central bank expected to grant gold import license

Central bank expected to grant gold import license
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