Nearly 100,000 enterprises established in eight months
As many as 90,500 new businesses were established in the first eight months of the year, with a combined registered capital of 1.1 quadrillion VND (47.3 billion USD), a year-on-year increase of 3.5 percent in the number of enterprises and 31 percent in capital, according to the General Statistics Office (GSO).
As many as 90,500 new businesses were established in the first eight months of the year. (Photo: VNA)
Hanoi (VNA) – As many as 90,500 new businesses were established inthe first eight months of the year, with a combined registered capital of 1.1quadrillion VND (47.3 billion USD), a year-on-year increase of 3.5 percent inthe number of enterprises and 31 percent in capital, according to the GeneralStatistics Office (GSO).
The average registered capital of each new firm wascalculated at 12.7 billion VND, rising 26.6 percent from the same time lastyear.
Also in the period, there were 25,500 firms resuming their operations, growing21.8 percent year on year.
The new firms employed 832,300 workers, rising 13.3 percent from the same timelast year.
Servicing has the most newly-established businesses with 64,700, or 71.6 percentof the total new companies. It was followed by the industry and construction,and agro-forestry-fishery sectors, which saw the coming into being of 24,500and 1,300 enterprises, respectively.
The GSO said that there were 20,100 businesses suspending their operationduring the eight-month period, falling 7 percent year on year. Meanwhile, some25,700 firms halted their operations to fulfill dissolution procedures.-VNA
As many as 10,079 enterprises registered to be set up in the first month of this year with total registered capital of 151.1 trillion VND (6.5 billion USD), according to the General Statistics Office (GSO).
The number of newly-established businesses in the first quarter of this year reached 28,451 with the total registered capital of 375.5 trillion VND (16.14 billion USD), up 6.2 percent and 34.8 percent year-on-year, respectively.
Whole sale, retail, and vehicle repair service saw the joining of 16,100 new businesses, the highest number in the first four months of this year, up 14 percent year on year and accounting for 37.2 percent of the newly-established firms of the country, according to the General Statistics Office (GSO).
The country had 79,300 newly-established businesses with a combined registered capital of 999.4 trillion VND (42.97 billion USD) in January – July, representing year-on-year increases of 4.6 percent and 29.6 percent, respectively.
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As many as 90,500 new businesses were established in the first eight months of the year. (Photo: VNA) 
