Enterprise is economic unit that perform independent economic accounting, have its own legal person status, and established under the Enterprise Law, the Foreign Direct Investment Law or under the Agreement signed between the Government of Viet Nam and foreign government, including following types of enterprises:
State owned enterprises include following types: (1) Enterprises with 100% of state capital operating under control of the central or local government; (2) Limited liability companies under management of the central or local government; (3) Domestic capital joint-stock companies where the State holds more than 50% of charter capital (for facilitate the aggregated data, if State own more than 50% of owner’s equity it will be State owned enterprises).
Non-State enterprises include domestic capital enterprises, whose capital is under private ownership of one person or group of State-owned persons but accounts for 50% or less of the charter capital. There are following types of non-state enterprises: (1) Private enterprises; (2) Partnership companies; (3) Private limited liability companies; (4) Joint-stock companies without State capital; (5) Joint-stock companies with 50% and less than of charter capital shared by the government.
Foreign direct investment sector includes enterprises with capital directly invested by foreigners, irrespective of the proportion of foreign capital is. This sector comprises two main types of enterprises, which are 100% foreign invested enterprises and joint ventures between foreign parties and domestic partners.
Employees of the enterprise reflect entire number of persons managed, used and paid wage/salary by an enterprise. Employees of enterprise do not include: (1) Persons who receive materials of the enterprise to work at their home (family labor); (2) Persons who are working as apprentices that sent from schools, training centers for practice and not paid by the enterprise; (3) Persons who are sent to work in an enterprise by a joint venture and the enterprise does not pay wage/salary.
For private enterprises, they are also considered employees of the enterprise. For persons who are members of the family and engage in management of production or directly produce but do not receive wage/salary – their incomes remixed with the profit of business.
Annual average capital of the enterprise
Capital of the enterprise is advance amount for business activities of the enterprise including total available capital (owners’ equity) of the enterprise and liabilities (Loans and other payables). The annual average capital of the enterprise is calculated as the average capital of the enterprise at the beginning of the year and at the end of the year.
Formula:
| The annual average capital | = | Capital at the beginning of the period | + | Capital at the end of the period |
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2 |
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Fixed assets and long-term investment of the enterprise is total remaining value of fixed assets, value of basic construction cost in progress, deposits, long-term deposits and other long-term financial investment amount of the enterprise.
Net turnover of the enterprise is total income of the enterprise gained by selling its products or services to outside after subtracting taxes (special consumption tax, export tax, value added tax by method of direct accounts payable) and other reductions (discounts, rebates on goods sold, returned goods). Net turnover does not include: (1) Turnover from financial activities; (2) Turnover from unusual activities such as: clearance sale, sale of asset, collection of money due to partner violates contract, collection of bad debt that was processed…
Total income of employees in the enterprise is the sum of the amount received by employees for their participation in the production and business process of the enterprise, including:
– Salaries, bonuses and allowances and other incomes, including salaries, wages, allowances and bonuses in salaries.
– Other incomes of employees: are direct incomes which do not relate to production and business activities such as: gifts and tips from leaders.
Profit before tax of the enterprise is amount of gain in the year of the enterprise from the production and business activities, financial activities and other activities during the year before paying enterprise income tax. It is total profit of the whole enterprise that means amount remained after taking gain minus loss of all activities.
Profit rate per net turnover (return on sales) is the rate between total profit before tax earned from production and business activities, financial activities and other activities of the enterprise in the year and total net turnover gained by selling products, goods, services and other income. The profit rate per net turnover reflects how much profit generated by enterprise from its revenue.
Average equipped fixed assets per one employee of the enterprise is the ratio of total fixed assets on average in the period to total number of employees on average in the period, reflecting how much fixed assets are equipped for an employee.
Formula:
| Average equipped fixed asset per employee | = | Average fixed assets in the period |
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Average employees in the period |
Where:
| Average fixed assets in the period | = | Total fixed assets at the beginning of the period | + | Total fixed assets at the end of the period |
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2 |
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| Average employees in the period | = | Total number of employees at the beginning of the period | + | Total number of employees at the end of the period |
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2 |
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The number of enterprises and statistical indicators of enterprises are only calculated for enterprises which are still operating by 31 December every year, excluding: (1) Enterprises that received business license, tax code but still do not operate; (2) Enterprises that were dissolved, merged or transformed; Enterprises have been issued business registration certificate but not in the locality (verified but not found); (3) Units are not independent economic accounting such as branches, dependent units and public service deliveryunits.
Cooperatives in the enterprise survey includes: Cooperatives, cooperative unions and people’s credit funds.
A cooperative is a collective, co-ownership economic organization, having the legal person status, voluntarily established by at least seven members who mutually cooperate in production, business and job creation to meet the common needs of cooperative members, on the basis of self-control, self-responsibility, equality and democracy in the management of the cooperative.
A cooperative union is a collective, co-ownership economic organization, having legal person status, voluntarily established by at least four cooperatives that mutually support each other in production and business activities, to meet common needs of member cooperatives, on the basis of self-control, self-responsibility, equality and democracy in the management of the cooperative union.
Employees in the cooperative is the total employees managed, used and paid wage/salary by the cooperative excluding cooperative members.