The Well-being of Enterprises: How to Revive?
September 24, 2012

The Well-being of Enterprises: How to Revive?

September 24, 2012

In his presentation at the National Conference on "Vietnam Economy: The Turning Point," Mr. Nguyen Xuan Thanh discusses that the pro-long instability and volatile condition of the Vietnamese market in 2008, economic developments plummet in 2009 and, obvious sign of downfall in banking industry by 2011 inevitably lead to serious damage in wellbeing of businesses in 2012. The article discusses the current condition of businesses in industrial manufacture, sales number, exports, as well as the amount of credit loans firms are carrying. It also examines the deleveraging process, which bound to happened during the financial crisis on business. The report analyzes possible ways to approach deleveraging process and the risk of each method in reviving the enterprises on the verge of ruin.

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