Essential Insights for Vietnam’s Enterprise Investigation 2025

Issued on May 20, 2024, the investigation plan sets the stage for a detailed examination of Vietnam’s economic landscape. This blog post will guide you through the upcoming enterprise investigation planned for 2025, highlighting its significance for innovation and growth in various sectors. The investigation will encompass a wide range of economic activities, from industrial production volumes to the energy consumption patterns of various companies

Essential Insights for Vietnam’s 2025 Enterprise Investigation – Contact InCorp Vietnam for Expert Guidance and Compliance Support!

Overview of the 2025 Enterprise Investigation

The 2025 Enterprise Investigation is designed to collect crucial data that will support economic management, policy-making, and development planning at both national and local levels. The investigation will employ an online survey method targeting all businesses involved in production and commercial activities. The GSO’s comprehensive nationwide enterprise investigation seeks to gather detailed information to inform economic planning and management.

This investigation will be carried out across all provinces and centrally-run cities in Vietnam, ensuring a thorough and inclusive data collection process. Capturing data from a wide range of businesses will enable Vietnam’s General Statistics Office to provide a clear picture of economic activities and trends in the country.

This information will be invaluable for policymakers, allowing them to make informed decisions that will drive economic growth and development in the years to come.

Read More: Top Business Opportunities in Vietnam: An In-Depth Guide to Investment Potential for Aspiring Investors

Legislative Framework

The legislative backbone of the 2025 Enterprise Investigation is Decision No. 1706/QD-BKHDT, issued by the Ministry of Planning and Investment on August 5, 2024. This decision outlines the comprehensive framework for the investigation, detailing its objectives and methodologies. It aims to gather extensive data from businesses, cooperatives, and unions to support multiple economic purposes, including management, policy-making, and development planning.

Decision 1706 outlines 35 distinct survey forms. These forms are customized for different kinds of enterprises and independent accounting branches. These statistical surveys are designed to capture a wide range of data, ensuring that the investigation covers all relevant aspects of business activities.

Decision 1706 provides a clear framework to ensure the investigation is conducted efficiently and effectively, yielding valuable insights for future economic strategies and policies.

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Key Objectives of the Investigation

The main goal of the 2025 Enterprise Investigation is to gather comprehensive data. This includes information from businesses, cooperatives, and cooperative unions. This comprehensive nationwide enterprise investigation will include all firms engaged in production and business activities, ensuring a thorough representation of the economic landscape.

The data collected will support various management, operation, and evaluation processes, enhancing the overall understanding of enterprise performance.

Additionally, the investigation aims to inform socio-economic forecasting for improved planning and policy formulation at both national and local levels. Detailed insights into business operations and challenges will help policymakers develop more effective strategies for supporting economic growth and development.

Targeted Sectors and Exclusions

The 2025 Enterprise Investigation will target businesses in nearly all sectors defined by Vietnam’s industrial classification system, with some notable exclusions. The survey will focus on various economic sectors, including the production sector, etc, while specifically excluding activities related to the Communist Party, international organizations, and households providing domestic services. These exclusions ensure that the investigation remains focused on gathering data that is most relevant to economic management and policy-making.

In addition to these exclusions, the investigation will not cover sectors involved in activities related to national security, social security, and political organizations. Focusing on core economic activities, the investigation aims to present a clear picture of the business landscape and the challenges faced by enterprises in various sectors. This targeted approach will help policymakers develop more effective strategies to support economic growth and address the needs of various industries.

Read More: A Comprehensive Guide to Regulated Business Lines in Vietnam

Timeline and Phases of Data Collection

The timeline for the 2025 Enterprise Investigation spans from April 1 to July 31, 2025, with distinct phases for different types of businesses. The investigation will begin on April 1, 2025, and will conclude on July 31, 2025. This structured timeline allows for efficient data collection and analysis, ensuring that the investigation covers all relevant aspects of business activities within the specified period.

Different regions and major cities will have varying timelines based on enterprise density, allowing for a more organized and effective data collection process. Staggering data collection phases ensure the investigation is conducted smoothly and efficiently, minimizing disruptions to business operations.

This approach will also help in managing the vast amount of data collected, enabling more accurate and timely analysis.

Survey Methodology and Tools

The investigation will utilize an online survey method to gather data from businesses across various sectors. Data collection will primarily occur through electronic questionnaires, which offer several advantages over traditional survey methods. These web forms can be customized to meet specific data collection, ensuring that the survey captures all relevant information.

One of the key benefits of using web forms is the ability to include interactive features that engage users and improve completion rates. These forms can also incorporate real-time validation features to minimize errors during data entry, enhancing the accuracy and consistency of the data.

Moreover, the accessibility of web forms allows participants to respond at their convenience, boosting response rates and ensuring that the data is representative of the entire business community.

Utilizing web forms can also significantly reduce the operational costs associated with data collection. Immediate access to data through web forms enables real-time analysis, allowing policymakers to make timely and informed decisions.

Important Indicators to be Assessed

The 2025 Enterprise Investigation will assess several important indicators to understand the performance of enterprises in Vietnam. One key indicator is the percentage of enterprises implementing innovation, which reflects how businesses adapt and invest in new technologies. This metric is crucial for understanding the level of technological advancement and competitiveness within the business community.

Other important statistical indicators include labor and employee income metrics, such as average wage and employment rate, which provide insights into the economic well-being of the workforce. Additionally, business production results, such as total output, sales revenue, and product range, will be assessed to gauge the overall productivity and economic contribution of different sectors.

These indicators will offer a comprehensive view of the business landscape, helping policymakers develop strategies to support enterprise growth and economic development.

Preparing for the Investigation: What Businesses Need to Know

Businesses need to begin preparing data well in advance to meet the specified timelines and provide accurate information during the investigation. It is essential to ensure that data and resources are organized in a manner that can be accessed during the investigation process. Establishing clear communication channels within the organization is also crucial to address any inquiries.

Identifying key personnel who will be involved in the investigation and ensuring they understand their roles and responsibilities is vital. Companies should also review and update their internal policies related to investigations to ensure compliance with legal standards.

Training staff on investigation protocols and their implications can significantly improve the effectiveness of investigations. Taking these steps ensures a smooth investigation process, contributing valuable data for future economic strategies and policies.

Implications for the Vietnamese Economic System

The data collected will support economic management, policy making, and development planning at national and local levels, providing essential insights for management, forecasting, and policy planning related to the socio-economic landscape.

Vietnam’s economic growth is projected to increase to 6.5% by 2025, which will significantly impact future planning. To become a high-income nation by 2045, Vietnam needs to maintain an average annual growth rate of about 6% per capita over the next two decades.

The investigation will also support the integration of climate objectives and the development of low-carbon infrastructure, addressing megatrends such as an aging population and environmental degradation to steer economic development. By adapting policies for digital transformation and social protection, Vietnam can achieve sustainable development goals and enhance its economic resilience.

How InCorp Vietnam Can Help?

InCorp Vietnam can leverage the 2025 Enterprise Investigation’s data to offer targeted advice on market entry, compliance, and strategic planning in Vietnam. By analyzing the investigation’s findings, InCorp Vietnam can provide clients with valuable insights into sector trends, regulatory changes, and economic opportunities, facilitating informed business decisions.