Vietnam saw 8,841 new enterprises registering a combined capital of 65.6 trillion VND (2.76 billion USD) and nearly 51,100 labourers in February, according to the General Statistics Office.
Vietnam saw over 13,000 new enterprises formed with a total registered capital of 106.9 trillion VND in October, up 13.6% in number of firms but down 21.4% in capital from the previous month.
Almost 150,000 enterprises were established or re-joined the market in the first eight months of the year, up 31 percent compared to the same period last year.
So far this year, the southernmost province of Ca Mau has had 356 newly-established enterprises with a total registered capital of 7.2 trillion VND (307.68 million USD), up 50% in the number of firms, and fivefold in capital year-on-year.
There are 349 new enterprises established in Thanh Hoa province in May, according to the Department of Planning and Investment of the north central province.
The number of new enterprises established in the first four months of 2021 rose 17.5 percent from a year earlier, the fastest growth since 2017, and it increased in all economic sectors, according to the General Statistics Office (GSO).
As Vietnam is pursuing the twin targets of disease prevention and economic development, the number of new enterprises and those resuming operation has bounced back in recent months.
More than 1,000 new enterprises were established in the Mekong Delta city of Can Tho in the first nine months of 2020, accounting for 12 percent of a total 8,600 operational ones in the city at present.
The northern province of Bac Ninh has set itself a target of 2,500 new enterprises each year in the period from 2020 to 2025, as part of its scheme to support small and medium-sized enterprises (SMEs).
Nearly 99,000 new enterprises were established in the first nine months of this year, a year-on-year fall of 3.2 percent, according to the General Statistics Office (GSO).
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).
A total of 3,999 new enterprises have been set up in the southern province f Binh Duong since the beginning of 2020, with their registered capital totaling approximately 26.95 trillion VND (1.16 billion USD).
The number of newly-established enterprises in all 17 sectors in the economy grew in June for the first time since the beginning of the year, after tens of thousands of companies were forced to shut their doors because of COVID-19.
More measures and policies should be introduced to support enterprises, especially small and medium-sized enterprises (SMEs), in the context of a growing number of businesses temporarily ceasing operations due to the COVID-19 pandemic, economists have said.
A total of 8,276 new enterprises were established in the first month of 2020, down 17.9 percent year-on-year, but the total registered capital of the firms surged sharply by 76.8 percent to 267.2 trillion VND (11.55 billion USD), the highest growth rate in four years, the General Statistics Office (GSO) reported.
Nearly 102,300 new enterprises were established in nine months of this year, a new record so far, with a total registered capital of over 1.29 trillion VND (56.08 million USD), reported the General Statistics Office.
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