A man welds a steel bed at a
furniture factory outside Hanoi. Photo by Reuters/Kham
The new 110,000 businesses could
create nearly 1.3 million jobs.
Vietnam saw a record number of
business openings in 2016, shedding hopes for robust growth and strong
investment in the near future.
A new report from the Ministry of
Investment and Planning said the past year saw 110,000 new businesses open, up
16.2 percent from 2015. Registered capital increased 48 percent to more than
VND891 trillion ($39 billion).
These new companies are expected
to create nearly 1.3 million jobs, independent of the nearly 26,700 firms who
suspended operations during tough times only to resume operations in the past
12 months.
Vice Minister Dang Duy Dong
described the numbers as “lively.”
“With such energy and investment opportunities, the market will surely be more competitive and the economy will
leap strongly,” the government report quoted Dong as saying.
More than 36,000 new businessescame online in Ho Chi Minh City and nearly 23,000 in Hanoi.
New openings in the real estate sector increased almost 84 percent from last year, while education and
healthcare openings increased 43 and 52 percent, respectively.
Arts, entertainment and
agriculture businesses all dropped from last year.
But the ministry’s report also
revealed a dark side of the boom.
Bankruptcies surged 32 percent to
nearly 12,578, including in both agriculture and real estate.
Vietnam hopes to see over one
million businesses in operation by 2020, which means an average of 100,000
openings every year.
Source: Bao Vnexpress
0 nhận xét:
Đăng nhận xét