Electronic circuit board production line at the factory of 4P Company Limited in Hung Yen province (Photo: DANG ANH)
In the first quarter, on average, 24,300 new businesses were established and returned to operation each month, but 26,300 businesses had to leave the market. In the second quarter, the figures reversed when an average of 25,500 new businesses were established and returned to the market each month, while the number of businesses leaving the market was 21,200. The growth in the number of businesses has returned to positive numbers. Notably, the number of newly established businesses in June increased significantly compared to the same period last year and the previous month. These figures reflect business confidence is coming back.
One of the important factors that helped increase the confidence of the business community and entrepreneurs in the economic prospects was the birth of the "Quad Pillars" consisting of 4 Resolutions of the Politburo that were quickly implemented into life.
However, in the general optimistic trend, the production and business community is still facing many difficulties and challenges from unpredictable fluctuations in the international market and barriers in the domestic investment and business environment. Information from the Vietnam Federation of Commerce and Industry (VCCI) shows that over the years, business recommendations have basically focused on issues related to investment and business procedures, access to land and bank loans... Although the legal system has been reviewed and clearly revealed its limitations and shortcomings over the past decades, many regulations have not been amended. In addition, there are regulations that have just been issued and have caused problems as soon as they are put into practice.
Entering a new era, institutional bottlenecks are being focused on removing with a breakthrough spirit. The National Assembly has just issued Resolution 206/2025/QH15 on a special mechanism to handle difficulties and obstacles caused by legal regulations, which clearly identifies the three biggest groups of difficulties and obstacles caused by the law; sets out principles, solutions and procedures for developing and promulgating legal documents to handle these difficulties and obstacles. Overall, there are contradictions and overlaps between legal documents; unclear and unfeasible regulations, leading to confusion in implementation; regulations that create a burden of compliance costs. With that spirit, Resolution No. 66-NQ/TW dated April 30, 2025 of the Politburo on innovating the work of building and enforcing laws to meet the requirements of national development in the new era is being vigorously implemented.
When business recommendations are thoroughly and promptly resolved, business confidence will continue to increase strongly, creating a foundation for the goal. double digit economic growth in the near future
Source: https://baolangson.vn/niem-tin-kinh-doanh-dang-tro-lai-5053504.html
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