Business

Over 43,300 new firms set up in four months

As many as 43,305 new enterprises with total registered capital of 542.4 trillion VND (32.32 billion USD) were established in the first four months of 2019, up 4.9 percent in the number of firms and 31.7 percent in capital, according to the General Statistics Offices (GSO).
Over 43,300 new firms set up in four months ảnh 1Illustrative image (Source: VNA)

Hanoi (VNA) – As many as 43,305 new enterprises withtotal registered capital of 542.4 trillion VND (32.32 billion USD) wereestablished in the first four months of 2019, up 4.9 percent in the number offirms and 31.7 percent in capital, according to the General Statistics Offices(GSO).

Average registered capital of a firm was 12.5 billion VND(537.5 million USD), a rise of 25 percent over the same period last year,reported the office.

The total number of employees working in the new companies is 440,100, a yearon year increase of 35.2 percent.

The new companies’ registered capital helped raise the total new investmentpoured into the economy in the period to 1.41 trillion VND (60.8 billion USD),which included 872 trillion VND (37.49 billion USD) added into the operatingcompanies.

Up to 17,463 companies resumed their operations in the period, up 52.6 percentagainst the same time last year, raising the total number of operating firms tonearly 60,800.-VNA
VNA
#new enterprises #General Statistics Offices (GSO) #new investment #operating firms #new companies’ registered capital #Vietnam #Vietnam news #Vietnam News Agency
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