Statistics authority to conduct nationwide business survey in 2022

The General Statistics Office (GSO) is scheduled to conduct a business survey in the country from April 15 to May 30.

Workers at Thai Minh Hi-tech company in Thach That Industrial Cluster. Photo: Nguyen Nga

“The objective of the upcoming survey is to collect data of businesses to aid state governance in making a socio-economic forecast and drafting development plans for provinces/cities and economic sectors,” stated the agency.

The data include information on the types of businesses, operation conditions, the workforce, and their income levels.

In addition, the survey would help the statistics authority in calculating key economic indicators such as the GDP and GRDP under the national account systems, it noted.

The GSO informed the survey is set to be conducted in 63 provinces/cities on businesses in all economic sectors, except socio-political organizations, international bodies, and households.

The agency expected to publish the results of the survey in the first quarter of 2023, which will be included in the 2023 business white book.

In 2021, Vietnam recorded nearly 117,000 new businesses, a decline of 13.4% year on year. This results in a total of over 800,000 operational enterprises in Vietnam to date.

The Government has set the goal of having 1.3-1.5 million enterprises by 2025, which would require a business expansion rate of 12-14% per year, or around 100,000-150,000 new companies every year.