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BUSINESS REPORT

he number of newly-registered enter-
prises, the number of enterprises resum-
T ing operations after a temporary sus-
Tough times
pension, and the number of workers registered
Some cheer can be gleaned from business performance in with newly-registered enterprises increased
3.4 per cent, 2.4 per cent, and 6.8 per cent,
the opening months of the year but there remain sizeable
respectively, year-on-year in the first four
obstacles to be overcome. months of 2024.
The actual business situation, however,
By KHANH VY reveals lingering challenges and difficulties that
continue to negatively affect the production and
business activities of many existing enterprises.

Investment caution remains
Figures from the Department for Business
Registration Management (DBRM) at the
Ministry of Planning and Investment show
that growth in the number of newly-registered
enterprises declined throughout the opening
months of the year.
The number rose 24.8 per cent year-on-
year in January before falling 2.8 per cent
month-on-month in February, 0.7 per cent in
March, and 4.1 per cent in April. The sub-
stantial increase in January resulted in the
total in the first four months increasing 3.4
per cent year-on-year to 51,550.

30 Vietnam Economic Times May 15, 2024 en.vneconomy.vn