New corporate registrations are expected to reach 83,000-90,000 this year, boosted by the increase in foreign tourists and the Thai economic recovery, outstripping an earlier projection of 75,000-78,000, reported the Thai Commerce Ministry's Business Development Department.
Businesses have put more confidence in Vietnam’s economic prospect, many economists said, pointing to the surge in the newly registered capital and the number of companies resuming operations.
The number of businesses resuming operations in the first half of 2016 saw a record high in many years, as it jumped 75.2 percent from a year earlier to 14,902, said the General Statistics Office.