Newly-established firms down, registered capital up in 10 months Business

Newly-established firms down, registered capital up in 10 months

Vietnam recorded nearly 111,200 new enterprises from January-October, a year-on-year decline of 2.9 percent, according to the General Statistics Office (GSO). The new entrants, however, have combined registered investment of more than 1,594 trillion VND (68.3 billion USD), up 11.1 percent against the same period last year.
Vietnam to cut costs, rules for firms Business

Vietnam to cut costs, rules for firms

The private business sector in Vietnam is vital for the economy, however, obstacles and challenges remain, which can only be overcome through the combined efforts of policymakers and business leaders.
HCM City sees rising registered capital of new firms Business

HCM City sees rising registered capital of new firms

More than 29,900 enterprises were established with total registered capital of nearly 396.5 trillion VND (17.44 billion USD) in HCM City in the first nine months of the year, according to the city’s People’s Committee.
Ministry's fund lends SMEs 29 million USD Business

Ministry's fund lends SMEs 29 million USD

A Ministry of Planning and Investment fund will finance small- and medium-sized enterprises (SMEs) with a total amount of 660 billion VND (29.3 million USD) this year, an official said.