Specifically, in the first 3 months of 2024 (as of March 20, 2024), in Nghe An province, there were 444 newly established enterprises, an increase of 0.91% (+4 enterprises) over the same period in 2023, with a total registered capital of 6,176 billion VND, an increase of 2.2 times (+3,455.7 billion VND).
The number of newly established branches, representative offices, and business locations was 158 units, an increase of 3.27% (+5 units). There were 291 enterprises resuming operations, a decrease of 8.78% (-28 enterprises). The number of branches, representative offices, and business locations resuming operations was 25 units, a decrease of 41.86% (-18 units). The number of enterprises registering to temporarily suspend operations was 752, an increase of 24.5% (+148 enterprises) over the same period; The number of branches, representative offices, and business locations registering to temporarily suspend operations was 76 units, an increase of 24.59% (+15 units); The number of dissolved enterprises was 57 enterprises, a decrease of 5% (-3 enterprises); The number of branches, representative offices, and business locations that were dissolved was 70 units, a decrease of 14.63% (-12 units); The number of enterprises announcing dissolution is 94, an increase of 4.9 times (+75 enterprises).
The labor utilization index of industrial enterprises in the first 3 months of 2024 was 96.58% over the same period last year.
According to the assessment of a number of enterprises in the processing and manufacturing industry in the area, the business trend in the first quarter of 2024 shows that 64.13% of enterprises assessed that the production and business situation in the first quarter of 2024 was stable and better than in the fourth quarter of 2023, while 35.87% of enterprises said that the production and business situation was more difficult.
It is expected that in the second quarter of 2024, 80.43% of enterprises are optimistic that the production and business situation will be stable and better than the first quarter of 2024, and 19.57% of enterprises predict that the situation will be more difficult than the first quarter of 2024.
Factors affecting the production and business of processing and manufacturing enterprises today: High competitiveness of domestic goods, low domestic market demand, low international market demand, financial difficulties, outdated technology equipment, inability to recruit workers as required, lack of raw materials...
With the view of developing strong enterprises to become the economic backbone of the province, the People's Committee of Nghe An province continues to direct departments, branches and localities to promptly and synchronously deploy mechanisms and policies of the Central and local governments to proactively grasp obstacles and remove difficulties for enterprises to achieve the goal of developing the quantity and quality of enterprises in the coming time.
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