A total of 138,100 businesses with a combined registered capital of 1.73 quadrillion VND (74.7 billion USD) were set up in 2019, up 5.2 percent and 17.1 percent, respectively, from the previous years.
The numbers of newly founded businesses declined in both February and the first two months of 2019, but the average registered capital per firm increased, according to the General Statistics Office (GSO).
The number of newly-established businesses in the first quarter of this year reached 28,451 with the total registered capital of 375.5 trillion VND (16.14 billion USD), up 6.2 percent and 34.8 percent year-on-year, respectively.
Vietnam’s socio-economic situation in April 2019 witnessed many positive signs with macroeconomic stability and surging aggregate demand, Prime Minister Nguyen Xuan Phuc told a regular cabinet meeting in Hanoi on May 4.
Prime Minister Nguyen Xuan Phuc underscored the determination to accomplish all goals set for 2019, striving for a GDP growth of 6.8 percent and reining in inflation under 4 percent at the Government’s monthly meeting held in Hanoi on May 31.
The country had 79,300 newly-established businesses with a combined registered capital of 999.4 trillion VND (42.97 billion USD) in January – July, representing year-on-year increases of 4.6 percent and 29.6 percent, respectively.
As many as 90,500 new businesses were established in the first eight months of the year, with a combined registered capital of 1.1 quadrillion VND (47.3 billion USD), a year-on-year increase of 3.5 percent in the number of enterprises and 31 percent in capital, according to the General Statistics Office (GSO).
Vietnam recorded a continuous increase in the number of newly established enterprises in the first 11 months, demonstrating the efficiency of improving the business investment environment.
A total of 138,100 businesses with a combined registered capital of 1.73 quadrillion VND (over 74.7 billion USD) were set up in 2019, up 5.2 percent and 17.1 percent, respectively, from the previous year.
