The event will be co-hosted by the VCCI, the Ministry of Planning and Investment, the Government Office and people’s committees of centrally-run cities and provinces.

Data from the General Statistics Office (GSO) showed that in August, the number of firms leaving the market was higher than newly-established ones. In eight months of this year, there were 81,600 newly-established firms but up to 85,500 left the market.

Prime Minister Pham Minh Chinh (Photo: VNA)

Among those leaving the market, 43,200 firms suspended their operations for a fixed period, up 25.9 percent. Other 30,100 waited for and 12,200 completed business dissolution procedures, marking a respective increase of 24.5 percent and 17.8 percent. On average, nearly 10,700 companies left the market each month.

The GSO also reported that the numbers of new firms and workers, and registered capital in August decreased markedly year-on-year.

As of September 24, the VCCI received suggestions from over 100 business associations and hundreds of firms regarding response to the pandemic. Based on them, the VCCI will make a report to submit to the event.

Earlier on September 17, the VCCI debuted the Business Cooperation Council in response to COVID-19 to offer the quickest support to business community. The council has launched the website https://covid19.vcci.com.vn and put into operation an online platform where firms could report their difficulties and offer proposals to the Government and localities.

Business associations or firms could register for a member of the council via the website and send recommendations to the event so that the VCCI could collect them and report to the PM and agencies concerned./.

CPV (Source: VNA)