Some 14,450 firms were newly established in the country in the first two months of this year, a year-on-year increase of 3.9 percent, the General Statistics Office (GSO) reported.
Hanoi (VNA) - Some 14,450 firms were newly established in the countryin the first two months of this year, a year-on-year increase of 3.9 percent,the General Statistics Office (GSO) reported.
These new firms registered total capital of 152.6 trillion VND (6.7 billion USD)for production and business, an increase of 35 percent against the same periodlast year.
During the same period, average investment surged by 29.9 percent year-on-yearto 10.6 billion VND per firm.
Meanwhile, existing enterprises registered to increase their capital by 181.3trillion VND in total, bringing total registered capital of all enterprisesnationwide up to 333.9 trillion VND in the first two months of this year.
Additionally, in the first two months, 7,977 enterprises resumed production andbusiness following a temporary halt in operations.
Many industries witnessed strong growth in newly-registered capital during thefirst two months against the same period last year.
They included the real estate industry, up 43.4 percent in number of new firmsand 63.8 percent in newly-registered capital; healthcare, up 27.4 percent and134.4 percent; services sector, up 16 percent and 196.9 percent; andconstruction sector, up 9.9 percent and 61.2 percent; as well as finance,banking and insurance sector, up 1.5 percent and 49.4 percent; and processingand manufacturing industry, up 4.2 percent and 45.8 percent, respectively.
The GSO said the number of new firms decreased in the sectors of art,entertainment, accommodation and catering services, as well as retail andrepair of automobiles.
It also said in the first two months, 16,396 enterprises were forced totemporarily halt operations, a decrease of 0.5 per cent compared with the sameperiod last year.
Some 2,524 enterprises were required to be dissolved in the first two months, ayear-on-year increase of 14.9 per cent, including small-sized units withcapital under 10 billion VND per firm in the sectors of agriculture,entertainment, accommodation and catering, as well as mining, transport andlogistics.-VNA
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Illustrative photo (Photo: VOV) 
