Enterprises Face Difficulties and Risk of Falling Out of Global Supply Chains due to Covid

Enterprises Face Difficulties and Risk of Falling Out of Global Supply Chains due to Covid

Although Vietnam has dealt with previous COVID-19 outbreak with spectacular success, businesses are facing difficulties and the risk of being kicked out of global supply chains.
Thousands of new enterprises established in Vietnam in January

Thousands of new enterprises established in Vietnam in January

In January, more than 10000 new enterprises were established, representing a year-on-year increase of 22%. Meanwhile, the number of enterprises closing rose by 36.4% compared to the same period last year.
New enterprises established in Vietnam while others close every month due to COVID-19

New enterprises established in Vietnam while others close every month due to COVID-19

In the first ten months of 2020, as many as 85,600 enterprises had to close and 111,200 new enterprises were established.
Prime Minister: Businesses growth need resolving to boost up

Prime Minister: Businesses growth need resolving to boost up

Prime Minister Nguyen Xuan Phuc in his conference with the business community said that enterprises should find opportunities to express the resolve to revive the economy following the coronavirus outbreak.
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