HCMC has 160,560 active businesses

SGGP
HCMC had 196,500 businesses by the end of 2016, of which 160,560 are now operating in fact, 20,400 halt operation, nearly 14,050 wait for dissolution and 1,620 are not found.

Standing deputy chairman of the HCMC People’s Committee Le Thanh Liem commends districts well implementing 2017 economic census (Photo: SGGP)

Standing deputy chairman of the HCMC People’s Committee Le Thanh Liem commends districts well implementing 2017 economic census (Photo: SGGP)

These data were reported at conference to review the first phase of the city’s economic census 2017, presided over by standing deputy chairman of the city People’s Committee Le Thanh Liem.
A representative of HCMC’s Statistics Department said that the city would investigate the 160,560 active businesses to collect information about their production and trading activities in 2016.
In addition, the department will take the 20,400 businesses who have halted operation to the investigation to fully estimate the performance situation of enterprises in the city.
In addition, the city now has 115,000 businesses who were registered in early 2017 but tax and statistics agencies have not found them. The Steering Committee of Economic Census 2017 has proposed the city People’s Committee to require relevant sides to set up a plan to verity the existence of these 115,000 businesses.
After four months of the economic census, HCMC has delivered questionnaires to 173,590 enterprises and collected 141,480 ones accounting for 81.5 percent. The rate was only 72-75 percent in previous years.
The economic census has showed a high increase in the number of individual business households nearing 448,330 households in 24 districts as of June 20, much higher than the reported number of 200,000 previously.
According to the steering board, that has been due to the hike in the number of households with houses or rooms for rent.
Mr. Liem required tax and statistics agencies to review these numbers, saying that individual business households play a significant role in the city’s economic development so local authorities should have measures to manage and tightly grasp their operation.

By KIEU PHONG – Translated by Hai Mien

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