VCCI: 32% of businesses said they will expand production and business in the next 2 years

Speaking at the forum "Enterprise 2025: Supporting businesses to overcome challenges and improve competitiveness", on April 17, Mr. Hoang Quang Phong - Vice President of VCCI said that Vietnam's economy in the first quarter of 2025 took place in the context of the world economy with many unstable, unpredictable factors and geopolitical tensions. Instability in economic policy, especially international trade policy, puts pressure on consumer spending, investment, and uncertainty in the growth of the world's leading economies.

In addition, internal problems of enterprises such as changes in labor structure, shortage of skilled human resources, requirements for green transformation and digital transformation require rapid adaptation. Domestically, according to data from the General Statistics Office (Ministry of Finance), economic growth in the first quarter of 2025 reached 6.93%, a very positive growth rate. This figure has demonstrated the high determination, great efforts, drastic, timely and effective actions of the entire political system in the face of rapid and unusual fluctuations in the region and the world.

Delegates attending the forum "Enterprise 2025: Supporting businesses to overcome challenges and improve competitiveness".

In the first quarter of 2025, the whole country had more than 72,900 newly registered and resuming operations, an increase of 18.6% over the same period last year. On average, more than 24,300 newly established and resuming operations per month.

“However, according to a nationwide survey by VCCI, only 32% of businesses said they would expand production and business in the next 2 years. Although there are nearly 1 million businesses in operation, Vietnamese businesses are still mainly micro, small and medium-sized enterprises (accounting for 98%) and only about 2% are large enterprises,” said Mr. Phong.

According to Mr. Phong, the business community in general still faces many difficulties and challenges. The production and business activities of the business sector are still subject to many adverse impacts from the objective context, geopolitical conflicts, and disruptions in supply chains and input materials.

Therefore, to make a breakthrough in 2025, institutional reform, promoting and supporting businesses will be the key. Not only increasing the capital absorption capacity of businesses, developing and improving the competitiveness of Vietnamese businesses, including the private economic sector, is an important requirement in the coming time.

Ha Anh

Source: https://doanhnghiepvn.vn/kinh-te/chinh-sach/vcci-32-doanh-nghiep-cho-biet-se-mo-rong-san-xuat-kinh-doanh-trong-2-nam-toi/20250417022532425