Nearly 18,000 new enterprises were established in the capital city of Hanoi in the first seven months of this year, with a total registered capital of 162.1 trillion VND.

The severe economic blows from COVID-19 have forced scores of businesses to suspend operations and even file for bankruptcy, with real estate companies among the hardest hit.

Vietnamese businesses have voiced their concerns over the struggle to cope with the coronavirus due to a lack of raw materials.