More than 53,000 private businesses shut down, pending possible

, 30/06/2012, 10:49 GMT+7

TT - Only in June 4100 the enterprise was insolvent or stops working, raising the number to be dissolved, stop working for six months of this year to more than 26,300 enterprises.

These data were the General Statistics Office (GSO) raised at the meeting to announce economic data - six months of society in 2012, held in Hanoi on 29-6.

Not bear interest

Data published by the GSO said outside the closed business, business suspension, available to over 92,700 enterprises in which "not verifiable". According to Nguyen Bich Lam - Deputy General Director GSO, this business is in fact a disguised operation, established primarily for trade bills, no tax obligation ...

Non-state region where the number of business stops operating the largest, at over 23,000 and over 30,000 enterprises have to be pending. Mr Lam said that this is the vulnerable objects in the current difficult period and it needs the support of the State. GSO also said that as of 1-1-2012, the rate of suspension of business activities in some provinces up to 10-20%, such as Hai Duong (15.8%), Can Tho (19%), Nursing White (19.4%) ...

Mr. Nguyen Bich Lam led the survey results difficult situation of the enterprises said that almost 70% of businesses said their main reason to dissolve as a business loss by 28% due to lack of funds, nearly 15 % due to not consume the product, nearly 12% due to difficulties in production and business sites ...

Of the total enterprises are bank loans, up to over 33% of businesses claim is to borrow at the average interest rate of over 19% / year, while nearly 90% of them can only be confirmed acceptable average annual rate of 15%.

Song Hoa each company may fall into trouble in Q1 orders down 44%, all businesses must borrow money from banks to raise workers. To date the company has gradually restored when the orders come in September - Picture: Dinh Dan

No deflation, but ...

Exchange at the meeting, Mr. Nguyen Duc Thang - Head of Department of Price GSO - for that to this point has reached the target inflation forecast annual CPI increased by only 6-7%. Thang said the next month discount factor is more advantageous, due to declining demand pulled prices down.

However, Thang said that the recent CPI reduction as not deflation, but also warned policy makers should avoid to repeat the cycle every two years type very high inflation, a year off.

Do Thuc - General Director of GSO - for that not to the extent VN economy fell into stagnation and deflation, because deflation to several months, several public. But "negative factors that reduced demand, but to reduce future production difficulties" - Thuc said, and that the measures of government support is "the dose to match better."

According to Mr Thuc, 2012 also has the same in 2009, but that should not expect that type of stimulus package 2009. "If the GDP size can be increased every three years but fell into a time of high inflation so very tired" - Thuc said ...

6 factors that hinder business

According to survey results, the six biggest factor hampering the business of the enterprise. In particular, high interest rates leading position (27% of firms), followed by high inflation and erratic fluctuations (19.5%), difficulty in accessing capital (17.4%), high transport costs (9.7%), unstable power supply (7%) and 7% of respondents said that businesses operating economic policies have hampered business.

Over 8% of FDI enterprises to stop trading, pending possible

Of the 11,329 registered FDI enterprises, enterprises with 232 (2%) suspension of business, 696 enterprises (accounting for 6.3%) due to pending business can not work or convert investment market. In this area there are nearly 1,000 businesses are not verifiable, including nearly 800 companies in the city.

Source: General Statistics Office reported


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