More
than 82 percent of the 57,000 businesses established this year had stopped
operations or dissolved as of September, Deputy Minister of Planning and
Investment Nguyen Van Trung said at a meeting yesterday.
The figure rose had risen by 22 percent
year-on-year to the highest rate in the last 20 years, he said, destabilizing
the economy.
“With only 10,000 enterprises remaining in
operation, the economy has become unstable since businesses are the main factor
for its stabilization.”
The Hanoi Department of Planning and
Investment, said most of the new businesses had been licensed in the capital
and Ho Chi Minh City.
The number of businesses operating in HCMC as
of December 31 last year rose by 23.2 percent to 96, 206, with most new firms
being in the private and foreign-owned sectors, figures from the city
Statistics Office show.
The trading and hotel and restaurant sectors
posted the highest growth rates with 7,940 new businesses, or 43.8 percent of
all new ones.
TUOI TRE
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