The automated egg packaging process at QL Vietnam Agroresources LLC enhances product quality, as seen in this image from their production line. (Photo: Minh Phú/TTXVN)
|
During the Q3 2025 regular press conference held by the Ministry of Finance on October 3rd, Ms. Trịnh Thị Hương, Deputy Director of the Private Enterprise and Collective Economy Development Agency, highlighted positive trends in business registrations over the past nine months, indicating growing market confidence.
Specifically, the additional capital injected into active enterprises reached over 3.3 million trillion VND in the first nine months, a 168% increase compared to the same period last year.
“This is a very positive sign, as active enterprises increasing their capital demonstrates their confidence in the market,” Ms. Hương emphasized.
The total number of businesses entering and re-entering the market exceeded 231,000, a 26% increase year-over-year and 1.32 times higher than the number of businesses exiting the market.
The entrepreneurial wave continues to surge, particularly following Resolution No. 68 by the Politburo and Resolution No. 198 by the National Assembly on private economic development.
“On average, 18,600 new businesses are established monthly. Notably, in June—following the issuance of Resolution No. 68—a record-breaking 24,000 new businesses were registered, a 44.7% increase compared to the average of the first five months and 1.5 times higher than the 2021-2024 average,” Deputy Director Trịnh Thị Hương reported.
However, Ms. Hương noted that the average capital scale of businesses remains modest, at approximately 10 billion VND per enterprise.
Additionally, domestic businesses face numerous challenges, particularly amid unpredictable global geopolitical and economic fluctuations that significantly impact production and operations.
In response, the Government and the Ministry of Finance are actively collaborating with ministries, localities, organizations, and associations to implement supportive policies and solutions aligned with Resolutions 68 and 198.
“To date, all 34 provinces and 21 ministries have approved and issued implementation plans, with many solutions already completed,” Ms. Hương stated.
To support business development, the Private Enterprise and Collective Economy Development Agency focuses on two key solution groups.
The first involves improving the investment and business environment by streamlining administrative procedures, reducing compliance costs, and removing barriers. The second focuses on helping businesses bridge gaps in management, taxation, accounting, and more.
Deputy Director Hương announced that the Ministry of Finance is developing two business support programs: one to foster 1,000 pioneering enterprises and another to train 10,000 CEOs for various businesses.
Deputy Minister Nguyễn Đức Chi added that the business landscape shows promising signs.
“The action plans and programs implementing Resolution 68 will continue to deliver practical solutions, particularly supporting the private sector’s aligned development,” Deputy Minister Chi expressed confidently./.
Thúy Hiền
– 19:56 03/10/2025
Shaping Criteria for the Flagship “Public-Private Partnership for Nation-Building” Project
The essence of the “Public-Private Partnership for Nation-Building” initiative is rooted in the belief that the responsibility of building the nation and fostering economic growth is a shared endeavor. Whether it’s a large corporation, a small business, or simply an individual choosing to support Vietnamese products and services, every contribution plays a vital role in achieving our collective vision.
Post-Resolution 68: Over 19,000 New Businesses Established Monthly
Following the implementation of Resolution No. 68, over 19,100 new businesses are established monthly, marking a nearly 48% increase compared to the average of the first five months of the year.
Distorted Real Estate Market Structure: Speculation and Group Interests Dominate, Says Prof. Tran Dinh Thien
Renowned economist Prof. Dr. Trần Đình Thiên highlights the distorted nature of Vietnam’s real estate market, which has shifted towards speculation and is often governed by vested interests rather than fair market principles.
MBS Forecasts Q3 Earnings for Top Real Estate Firms: Vinhomes Projected to Profit VND 13 Trillion, One Name Expected to Surge Over 500%
MBS forecasts a remarkable 68.7% surge in profits for listed real estate companies under its coverage in Q3 2025.
“The Billionaire’s Burden: Entrepreneurial Duty Beyond Profit”
“The esteemed billionaire, Nguyen Thi Phuong Thao, underscores the multifaceted responsibilities of entrepreneurs. Beyond the pursuit of profits, she emphasizes the critical role of creating societal value. This holistic approach to business underscores a deeper understanding of the entrepreneur’s impact on the world.”
