Around 77,000 firms exit market in Jan-Apr
HCMC – The Government has sent a report on the nation’s socio-economic performance to the National Assembly, emphasizing that around 77,000 businesses have pulled out of the market in the first four months of the year, surging 25% year-on-year. Nearly 78,900 enterprises came into existence or
Cash-strapped firms sell off assets to stay afloat
HCMC – Cash flow shortages have forced many large companies to sell their assets at half their actual value to stay afloat in tough economic times, heard a meeting between the Ministry of Planning and Investment and the National Assembly Standing Committee on May 9. Although the money market