Tran Kim Hao, Editor in Chief of Quan Ly Kinh Te Journal (Economic Management), commented that ‘this is an overly optimistic assessment.” Dr Tue Anh from the Central Institute for Economic Management (CIEM) remarked that “The scale does not tell about the quality. A big apple does not always mean a delicious apple.” “Very impressive” are the words used by the taskforce to describe the quality of private businesses. In 2009 alone, 83,000 enterprises registered, double the figure from 1990-1999. The ratio of businesses to 1,000 people has reached nearly five, approaching the average level in the region. Le Duy Binh, a member of the taskforce, calls this “the gigantic progress” of the private economic sector. According to Binh, the scale of private businesses has been expanding rapidly. Turnover increased by 1,500 percent in 2000-2008, while profits increased by 2,700 percent and total assets increased by 2,500 percent. Average stockholder equity rose by three-fold, while averageprofits grew by five times. When asked to comment about the fact that only 50 percent of businesses survive and develop after they register, Binh commented that this is reasonable.Regarding private sector employment, the number of workers increased from 858,622 to 4,339,579 in the 2000-2008 period, while the average income of labourers increased by nearly 400 percent. Comparing private businesses with state owned (SOEs) and foreign invested enterprises (FIEs), the taskforce concluded that the gap has become narrower, and that working in the private sector is now no longer a bad choice. Nevertheless, former Deputy Head of the Prime Minister’s Research Team, Dang Duc Dam, argues that the figures collected by the taskforce are not reliable. For example, sales returns figures are just several percent per annum, while the bank lending interest rate is more than 10 percent. How canbusinesses make profits? The taskforce admits the difference in figures. According to the General Statistics Office, by the end of 2008, Vietnam had had 179,000 operational private businesses, or nearly 50 percent. However, according to the General Department of Taxation, only 272,000 businesses had been operational by that time, or 73 percent.
VietNamNet/TBKTVN
- 11/03/2010 02:11 - Fresh Fruit and Vegetables -report published
- 30/01/2010 11:26 - Vietnam provincial competitivenss index 2009 published
- 28/01/2010 11:03 - Promoting Gender Equality in the Fisheries Sector
- 28/01/2010 10:52 - E-learning catches on
- 14/07/2009 20:23 - Online forum aims to boost exports
- 07/07/2009 19:13 - Incentives to help small business
- 02/07/2009 17:54 - EU - top consumer of Vietnam’s aquatic products
- 16/06/2009 03:56 - Opportunities still in overseas markets
- 14/05/2009 08:28 - Farm produce exports still cannot find new markets
Courses in this cluster aim to help companies to better navigate and manage external factors in their business environment and cover areas such as marketing, customer service and strategic management. 
Finance Management courses provide participants with fundanmental knowledge, principles of and tools for financial management in Vietnamese companies. These courses are scalable and practical, offering best practices and hands-on experience from practitioners. 
These courses are designed especially for the small business owners, production managers and QA/QC managers of small and medium enterprises. Participants are equipped with just-enough concepts and theories of operation management and quality management, while are shown real-life examples and practical tips on how to implement these best practices in their own business to save on production cost and improve their bottom line. 
OMT courses in this cluster are specifically designed for business owners, production managers and QA/QC maangers in the agri business and food processing industry. Participants are equipped with key concepts, principles and standards of food safety and hygiene, learn to apply these principles and standards in their productions of foodstuffs to meet the general safety and hygiene requirements of the domestic and export markets. 
Professionalism and effective inter-personal skills have become order of the day for the managers in Vietnamese businesses. To meet the increasing needs for “soft skills” training especially by companies located away from major urban hubs, with limited access to traditional classroom trainining, the OMT program offers online management skills training courses, focusing on the following essential skills
