Vietnam launches first-ever White Book on businesses
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The White Book, compiled by the General Statistics Office under the Ministry of Planning and Investment, is scheduled to be published on the websites of the ministry and the GSO on July 22, while and the print version will be released on August 1.
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| Vietnam launches first-ever White Book on businesses. |
The book contains essential information assessing the development of enterprises across the country and in localities in the period from 2016 to 2018. It also honors enterprises with outstanding contributions to economic development in the country and each locality.
Addressing the publication’s launch ceremony, Deputy Prime Minister Vuong Dinh Hue said the White Book provides a basis for comparing economic efficiency and allows businesses to know their standing, and access information on how domestic private and FDI businesses are doing and how they are contributing to the economy.
It is also expected to be a source of useful information for international organizations, countries and foreign enterprises in assessing and making decision on investment and cooperation.
He requested the Ministry of Planning and Investment to continue researching and working closely with ministries, agencies and localities to improve the book.
Minister of Planning and Investment Nguyen Chi Dung said the book also proposes measures and sets of norms to assess business development in the country.
Minister Nguyen Chi Dung added that the 2016-2018 period was "the period of strongest development for businesses in history," in terms of both numbers and the scale of newly established businesses setting new records.
On average, nearly 123,000 new businesses entered the market each year with a total registered capital of VND1.2 quadrillion ($52 billion), a 49.3 percent increase in number and a 156 percent increase in registered capital compared to the previous three-year period.
