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Viet Nam begins national economic census

VGP – The General Statistics Office (GSO) started 2021 economic census nationwide from March 1 in order to have the insight into the current status of the economy.

March 01, 2021 12:51 PM GMT+7

The census targets to evaluate the growth in quantity, size, and labor of economic establishments, performance of businesses, level of technological application thereby, using it as a basis to set out socio-economic development strategies in the coming time, meeting the management requirements of the Party, State, ministries, industries, and localities.

The census applies Web-form and computer-assisted personal interviewing (CAPI) data collection methods.

As schedule, the 2021 economic census will take place nationwide in two phases, with the first one from March 1 to May 30 and the second one from July 1 to July 30.

Primary data may be announced this December and official results will be made public in the second quarter of 2022.

Viet Nam had 135,000 newly registered enterprises in 2020 with a combined registered capital of VND 2,235.6 trillion (US$ 95.8 billion).  Nearly 93,500 companies suspended operation in the first 11 months, up nearly 16% year-on-year due to the COVID-19 pandemic./.

By Kim Anh