PM requests economic recovery be accelerated Business

PM requests economic recovery be accelerated

All-level authorities and sectors need to adopt recovery acceleration plans for the remaining two months of the year for the country to record annual growth of 2-3 percent, Prime Minister Nguyen Xuan Phuc said at the Government’s monthly meeting on October 30.
HCM City licences 30,000 new businesses in nine months Business

HCM City licences 30,000 new businesses in nine months

As of the beginning of October, Ho Chi Minh City has licenced nearly 30,000 new businesses with combined registered capital totaling 667 trillion VND (28.64 billion USD), according to the municipal Department of Planning and Investment.
Quang Ninh targets double-digit GRDP growth in 2020 Business

Quang Ninh targets double-digit GRDP growth in 2020

The northern coastal province of Quang Ninh targets double-digit growth in the gross regional domestic product (GRDP), and State budget collection of a 48 trillion VND (approximately 2 billion USD) in 2020, according to Secretary of the provincial Party Committee Nguyen Xuan Ky.
Bac Ninh targets 2,500 new enterprises a year Business

Bac Ninh targets 2,500 new enterprises a year

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 35,000 businesses cease operations in Q1 Business

Nearly 35,000 businesses cease operations in Q1

Almost 35,000 enterprises withdrew from the market in the first quarter of this year due to the ongoing COVID-19 pandemic, according a survey conducted by the Vietnam Chamber of Commerce and Industry (VCCI).
Registered capital of new firms hits four-year high Business

Registered capital of new firms hits four-year high

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.
Number of new businesses hits record Business

Number of new businesses hits record

A total of 138,100 businesses with a combined registered capital of 1.73 quadrillion VND (over 74.7 billion USD) were set up in 2019, up 5.2 percent and 17.1 percent, respectively, from the previous year.