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As of 31st December 2016, non-state enterprises attracted VND 16.75 trillion ( accounting for 55.5% of enterprises’ total capital). Photo: H. Anh.

At the press conference to announce major indicators to assess the growth rate of enterprises in the provinces and cities under the Central Government in 2017 and the period 2010 to 2016 held on 6th February, 2018, Director of General Statistics Office Nguyen Bich Lam shared that the total number of enterprises operating in the whole country as of 31st December 2016 was 505,067, an average increase of 10.4% per year in the period 2010-2016.

Total capital used for production and business of the enterprise sector as of 31st December 2016 reached VND 30.2 million billion. In the period 2010-2016, the enterprise sector attracted an additional capital of 16.4% for production and business per year.

Mr. Nguyen Bich Lam also said that according to the economic sector, the service sector is currently dominating the capital attraction in the whole enterprise sector. As of 31st December 2016, this sector attracted VND 18.36 million billion for production and business (accounting for 60.8% of the total capital of all the enterprises).

The representative of the General Statistics Office also emphasized that the non-state owned enterprises accounted for the dominant ratio in capital attraction for production and business and have the fastest rate of capital attraction in the period 2010. -2016.

Accordingly, as of 31st December 2016, non-state enterprises attracted VND 16.75 million billion (accounting for 55.5% of the total capital of the whole of enterprises), in the period 2017 – 2016, this sector attracted 18% more capital for production and business per year.

However, according to the General Statistics Office, although the SOEs are decreasing in number, they are large-scale enterprises, so their capital attraction for business still accounts for a rather big percentage.

"As of 31st Deember 2016, the total mobilized capital of SOEs was VND 8.36 million billion, accounting for 27.7% of the total capital of SOEs. SOEs still attracted a additional capital of 13% per year " Nguyen Bich Lam noted.

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For FDI enterprises, Mr. Nguyen Bich Lam emphasized that FDI enterprises are small in number, but most of them are large-scale enterprises. Thus, they attracted significant capital for production and business, as well as the rate of capital attraction also increased fast in the period 2010-2016.

Specifically, as of 31st December 2016, FDI enterprises mobilized VND 5.01 million billion for production and business. In the period of 2010 – 2016, this sector added 17.7% of capital.