Business

New firms surge in first seven months

Some 64,000 enterprises were created in the first seven months of this year with a total registered capital of nearly 497 trillion VND (22.36 billion USD), according to statistics from the GSO.
New firms surge in first seven months ảnh 1Illustrative photo (Source: VNA)


Hanoi (VNA) - Some 64,000 enterprises were created in the first seven months of this year with a total registered capital of nearly 497 trillion VND (22.36 billion USD), according to statistics from the General Statistics Office.

Newly-established firms rose by 23.3 percent in number and 54.7 percent in capital value year-on-year.

The adjusted capital in the reviewed period posted 894.9 trillion VND (40.27 billion USD), raising the total registered and adjusted capital to 1,400 trillion VND (63 billion USD).

More than 16,700 enterprises, which suspended their activities due to difficulties, have resumed operations, up 67.5 percent from the same period last year.

In July, the number of new firms exceeded 9,600 with a total registered capital of 69.2 trillion VND (3.11 billion USD), a slight decrease from June.

99,200 jobs were also created by the newly-established enterprises.

The number of businesses resuming operations exceeded 1,800 in July, while nearly 6,000 halted their operation and more than 900 firms completed procedures for dissolution or termination.-VNA

VNA
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