Business

New firm number down, registered capital up in two months

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).
New firm number down, registered capital up in two months ảnh 1The numbers of newly businesses declined in both February and the first two months of 2019, but their average registered capital increased (Photo: VNA)

Hanoi (VNA) – The numbers of newly foundedbusinesses declined in both February and the first two months of 2019, but theaverage registered capital per firm increased, according to the GeneralStatistics Office (GSO).

In February, 5,900 new companies were set upwith total registered capital of 96.3 trillion VND (4.13 billion USD), the GSOsaid, attributing the month-on-month decrease of 41.5 percent in number offirms partly to the week-long Lunar New Year holiday in February.

However, the registered capital of each firmrose 8.8 percent on average to 16.3 billion VND.

Almost 15,980 new businesses were founded in thefirst two months with combined capital of 247.4 trillion VND. The respectivefigures dropped 14.6 percent and rose 25.4 percent from a year earlier.

Including the 531.2 trillion VND added toexisting enterprises’ capital, a total of 778.6 trillion VND was poured intothe economy in the last couple of months, GSO data showed.-VNA
VNA
#newly founded businesses #new businesses' registered capital #General Statistics Office #new businesses founded in February 2019 #Vietnam's business environment #updated Vietnam news #Vietnamplus #Vietnam News Agency
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