(VOVworld) – The scale of Vietnamese businesses tends to decrease, as in 2013, the proportion of small and micro businesses (29% and 66%, respectively) become greater than that of medium and large-sized enterprises (4%).
This was revealed on the Vietnam Business Annual Report 2013 entitled “Business Development and Quality of Growth”, which was published by the Vietnam Chamber of Commerce and Industry, the National Assembly’s Economic Committee and the World Bank. 77,000 new enterprises were established last year with total registered capital of 20 billion USD, up 10% in the number of new enterprises and down 15% in the amount of registered capital.

The report included predictions and recommendations to improve Vietnam’s business climate, reform the economy, and enhance business competitiveness to increase the quality of growth.