Up to 48.2 percent of the processing and manufacturing enterprises joining in a survey of the General Statistics Office (GSO) said business activities in the first quarter of 2018 will be better.
Though Vietnam has made great strides in streamlining administrative procedures and developing e-governance, more needs to be done to enable businesses and the public to access Government information
Favourable conditions are needed to increase the number of new businesses and startups, thereby realising the target of 1 million enterprises by 2020, an official has said.
The Government hopes to attract 135,000 new firms in 2018. Vu Tien Loc, Chairman of the Vietnam Chamber of Commerce and Industry (VCCI), said this was achievable, but would require quick reforms.