According to a report by the Vietnam Chamber of Commerce and Industry (VCCI), 79,014 businesses dissolved in 2011. Of these, 7,611 were newly established companies in the same year.

As of the end of 2011, in VietnamMaleThere are about 622,977 enterprises. Of which, 79,014 companies were dissolved. Specifically, private enterprises are 2,082, single-member LLCs are 16,748, LLCs with 2 or more members are 18,826. The largest number is joint stock companies with 41,357, the smallest is only one partnership company. In 2011 alone, the whole country had 77,548 newly established enterprises, but 7,611 units stopped operating early.

Previously, the World Bank's "Doing Business 2012 Report" showed that in 2011, Vietnam dropped 8 places to 98th place out of 183 economies. The area that dropped the most was paying taxes, down 22 places to 151st place. Meanwhile, the "Global Competitiveness Report 2011-2012" published by the World Economic Forum, Vietnam is currently ranked 65th out of 142 countries, down 6 places compared to 2010.

Mr. Deepak Mishra, Chief Economist of the World Bank in VietnamMalesaid that businesses in Vietnam are shifting towards the market. In recent years, the rate of privatization and the role of private companies have become increasingly clear. However, Mr. Deepak Mishra said that the non-state economic sector in VietnamMaleperform better than state-owned enterprises but still fall short of the overall efficiency of world businesses.

"When studying the Vietnamese economyMale, we all told ourselves that this is one of the fastest growing countries in the world. But that has been wrong for the last 2 years, after 20 years of being completely right. In 2011, Vietnam's economyMalebelow the ASEAN average. In 2010, Vietnam's growth rateMalebelow the Asian average," said Deepak Mishra.

However, Vietnam's economic situation in 2012 is forecast to be more positive.The reasons given by many experts are: the ceiling interest rate of banks has started to decrease, helping businesses access loans, maintain and expand production. The CPI index in the first two months of the year increased by only 2.38% compared to the end of 2011 - the lowest level in the past 10 years. Exports in the past two months basically grew well with 25%, trade deficit decreased sharply...

A survey on business expansion plans in 2012 showed that 1% of units were likely to close, 15% of companies reduced their business scale, 32% of businesses planned to expand their scale and 52% of companies maintained normal operations.

According to Express