The number of newly-established enterprises in the first five months of the year was 62,961, up 12.9 percent over the same period in 2021, according to the General Statistics Office (GSO).
Vietnam saw 98,600 enterprises resume or start operations in the first five months. (Photo: VNA)
Hanoi (VNS/VNA) - The number of newly-established enterprises in thefirst five months of the year was 62,961, up 12.9 percent over the sameperiod in 2021, according to the General Statistics Office (GSO).
This was the highest number ever for the first five months of the year, the GSOsaid.
In the first five months of this year, newly registered capital reached about 761billion VND, down 2.2 percent over the same period in 2021.
Meanwhile, 22,108 operating enterprises registered an increase of about 1.68trillion VND, up 72.7 percent over the same period in 2021.
Therefore, the total registered capital of the economy in the first five monthswas more than 2.4 trillion VND, up 39.5 percent on the year.
The GSO reported that Vietnam saw 98,600 newly established enterprises andenterprises resume operations in the first five months of this year, up25.8 percent over the same period last year.
The numbers showed a substantial recovery of enterprises in the first fivemonths.
During this period, 45,900 firms temporarily ceased operation, 19,000 were inthe dissolution process, and 6,900 completed dissolution procedures.
The GSO said in May, Vietnam had 13,400 newly established enterprises, down10.9 percent compared to the previous month but up 15.2 percent over the sameperiod last year.
There were 5,207 enterprises resuming operation, down 26 percent from theprevious month and up 6.4 percent over the same period in 2021.
During the first five months, 913 newly-established enterprises operate in theagriculture, forestry and fishery sectors, up 2.4 percent over the same periodlast year; about 16,200 in the industrial and construction industries, up 5.9 percent, and45,900 in the service sector, up 15.8 percent./.
The number of newly-established firms in the last quarter of this year reached 31,400 with total registered capital amounting to 415.3 trillion VND (18.21 billion USD), the General Statistics Office (GSO) has said.
In the first month of 2022, Vietnam saw a surge in both the number of newly-established enterprises and registered capital compared to the same period last year, according to the General Statistics Office (GSO).
About 29,300 businesses have been set up so far this year with a combined registered capital of 447.8 trillion VND (19.61 billion USD), data from the Ministry of Planning and Investment showed.
The number of newly established firms reached an all-time high of around 15,000 in April, with total registered capital of 164.1 trillion VND (7.1 billion USD), according to the General Statistics Office (GSO).
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Vietnam saw 98,600 enterprises resume or start operations in the first five months. (Photo: VNA) 
