The unpredictable developments of the world economy have negatively impacted people's lives and production and business activities. Consumer demand has decreased; the global supply chain continues to face the risk of disruption and breakage, causing difficulties for import, export and economic growth, which is one of the main reasons for the decrease in the number of newly established enterprises and the increase in the number of dissolved and suspended enterprises compared to the same period.
Data from the authorities shows that in the first 7 months of 2023 (as of July 20, 2023), Nghe An province had 1,177 newly established enterprises, down 3.45% (-42 enterprises) compared to the same period in 2022, with a total registered capital of VND 9,047.5 billion, down 30.36% (-3,944.2 billion).
The number of newly established branches, representative offices and business locations was 488 units, down 13.93% (-79 units). There were 642 enterprises resuming operations, up 7.36% (+44 enterprises). The number of branches, representative offices and business locations resuming operations was 77 units, up 5.48% (+4 units).
The number of enterprises registering to temporarily suspend operations was 1,050, an increase of 14.75% (+135 enterprises); The number of branches, representative offices, and business locations registering to temporarily suspend operations was 120 units, an increase of 10.09% (+11 units).
The number of dissolved enterprises was 140, an increase of 62.79% (+54 enterprises); The number of dissolved branches, representative offices, and business locations was 189, an increase of 89% (+89 units); The number of enterprises announcing dissolution was 170, an increase of 2.9 times (+126 enterprises).
The labor utilization index of industrial enterprises in the first 7 months of 2023 was 91.56% compared to the same period last year. Specifically: The labor utilization index in mining enterprises was 82.80%; in processing and manufacturing enterprises was 91.29%; in electricity production and distribution enterprises was 95.95%; in water supply, waste and wastewater treatment enterprises was 101.79%. By economic type, the labor force in the state sector decreased by 16.11%; in non-state enterprises, it decreased by 0.16% and in foreign-invested enterprises, it decreased by 13.27%.
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