Enterprises entering market exceed 20,000 in August

The total number of enterprises entering and re-entering the market in August stood at 20,300, or three times higher than those exiting the market.

This confirms that enterprises remain upbeat about Vietnam’s economic recovery after the National Assembly and Government issued a series of stimulus policies. Among others are those aimed at accelerating public investment and introducing value added tax reductions.

In addition to these policies, positive signs from the market have also built up confidence among enterprises. Indeed, enterprises in the textile, seafood, pepper, wood, and footwear industries have received increasing numbers of orders from foreign partners since the beginning of the third quarter. And orders are expected to continue on the rise in the last months of the year./.

VNA