Illustrative photo (Source:Internet)
Hanoi (VNA) – As many as 10,954 enterprises were formed in April with total registered capital of 62.2 trillion VND (over 2.7 billion USD), according to the General Statistics Office (GSO).

The number of newly-established business increased 19.2 percent year-on-year, while registered capital jumped 21.3 percent against the same period last year.

In the first four months of this year, 34,721 new enterprises were established with total capital of 248.2 trillion VND (nearly 10.8 billion USD), a year-on-year rises of 22.9 percent and 52.8 percent, respectively.

During the reviewed period, each new company had an average investment of 7.1 billion VND (308,000 USD), up 24.2 percent over the same period last year. The new firms are expected to employ 427,200 people.

A total of 801.5 trillion VND (34.8 billion USD) was added to the country’s economy.

According to the GSO, 25,135 enterprises stopped operation from January to April, meanwhile, 11,331 enterprises resumed operations.-VNA