Number of newly-established enterprises tops 13,400 in August

There were some 13,400 new enterprises established during August with total registered capital of 288.8 trillion VND (12.45 billion USD) and 96,300 jobs, according to the General Statistics Office (GSO).
Number of newly-established enterprises tops 13,400 in August ảnh 1Illustrative image (Photo: VNA)

Hanoi (VNA)
- There were some 13,400 new enterprisesestablished during August with total registered capital of 288.8 trillion VND(12.45 billion USD) and 96,300 jobs, according to the General Statistics Office(GSO).

The figures represent increases of 1.5 percent, 20.7percent, and 5.4 percent, respectively, against July, the office said.

The average registered capital of each enterprise was 21.6billion VND, up 18.9 percent against July and 59.2 percent year-on-year.

The office reported that 4,775 businesses resumedoperations in the month, down 1.3 percent month-on-month but up 200 percent comparedto the same period last year.

The number of companies registering to temporarily ceaseoperations was down 8 percent month-on-month but up a substantial 158.5 percentyear-on-year, reaching 3,102. Some 3,424 enterprises were waiting for dissolutionprocedures, increases of 11.6 percent and 63.4 percent, respectively. As manyas 1,416 firms completed such procedures, down 5.9 percent and up 9.3 percent.

The number of new enterprises fell 2 percent in thefirst eight months of the year, to 88,700, while enterprises resuming their operationswere up 27.9 percent.

Additional capital of existing enterprises included,the total amount of capital injected into the national economy in theeight-month period reached 3.21 quadrillion VND, up 16.8 percent against thesame period last year.

Of the new enterprises, 1,697 are inagro-forestry-fishery, up 30 percent year on year, more than 26,300 are inindustry and construction, up 7.7 percent, and 60,600 are in services, down 6.3percent.

Sectors such as electricity, water and gas productionand distribution, science and technology, consultation services, designing,advertising, and mining saw increasing numbers of new enterprises.

The numbers of businesses waiting to completedissolution procedures or completing them in the period was down 5.9 percentand 1.9 percent, respectively.

Some 30,600 businesses are not operating at registeredaddresses, up 39.3 percent year-on-year, the office reported./.
VNA

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