Update news capital
The number of Vietnamese businesses have been decreasing sharply in recent years, according to official reports by state management agencies.
VietNamNet Bridge – They are the big businessmen in their fields and their names appear regularly on local newspapers. However, they have been well known for the activities relating to the showbiz, rather than business activities.
Some investment fund management companies have been moving ahead with their plan to set up open end funds.
The goal of building an e-government may be unattainable due to the lack of money, labor force and other problems.
Businesses have been caught into a vicious circle. Since they cannot borrow money, their production has become stagnant and they cannot pay bank debts. And since they cannot pay debts, they cannot access bank loans.
VietNamNet Bridge – No one knows exactly about the actual business performance of state owned enterprises (SOEs), and no one has sufficient information enough to give early warnings to businesses.