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GSO conducting national business census 2018

Released at: 16:50, 03/04/2018

GSO conducting national business census 2018

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Census to gather information and more accurately determine GDP and GRDP.

by Nghi Do

The General Statistics Office (GSO) has begun to carry out a national business census, to gather sufficient information on businesses and calculate more accurately national GDP as well as gross regional domestic product (GRDP), according to Mr. Pham Dinh Thuy, Head of the GSO’s Industry Statistics Department.

The collection of information also targets assessing the level of support and development of enterprises in cities and provinces directly under the central government and thoroughly utilize administrative records (especially in finances, assets and capital) to reduce the burden of businesses. This will also help evaluate the application of science and technology in enterprises and their readiness in Industry 4.0.

The GSO will investigate six categories of enterprises, including cost-accounting member companies of State corporations established and governed by the Law on Enterprises; cooperatives / unions of cooperatives / people’s credit funds operating under the Law on Cooperatives and independent cost-accounting member companies of State corporations subject to regulation by specialized laws such as Law on Insurance and the Law on Securities; and 58 groups and corporations that operate in the fields of post, telecommunications, electricity, insurance, aviation, railways, and banks with many branches all over the country.

The scope of the census includes enterprises, cooperatives and units under surveyed enterprises operating in all sectors defined in the Vietnam Standard Industrial Classification (VSIC 2007).

In addition to the two traditional methods of information collection - direct and indirect surveys - the 2018 survey is also in an electronic form, to assist enterprises in providing information and reducing the time for gathering, processing, and disclosing information.

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