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.
Nearly 4,000 new firms established in Binh Duong Business

Nearly 4,000 new firms established in Binh Duong

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).
IZs, EZs attract 4.3 billion USD in January-May Business

IZs, EZs attract 4.3 billion USD in January-May

Industrial zones (IZs) and economic zones (EZs) attracted 390 foreign-invested projects with a total registered capital of 4.3 billion USD in the first five months of this year, according to the latest updates of the Ministry of Planning and Investment.
Vietnam attracts 12.33 billion USD in FDI in four months Business

Vietnam attracts 12.33 billion USD in FDI in four months

Vietnam attracted 12.33 billion USD in foreign direct investment (FDI) in the first four months of 2020, a year-on-year decrease of 15.5 percent due to the impact of the COVID-19 pandemic, according the Ministry of Planning and Investment’s Foreign Investment Agency (FIA).
HCM City attracts over 1 billion USD in FDI Business

HCM City attracts over 1 billion USD in FDI

HCM City had lured over 1 billion USD in foreign direct investment (FDI) this year as at March 20, down 33 percent compared to the same period last year, according to the city’s bureau of statistics.
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.
Vietnam attracts 31.8 billion USD in FDI in 11 months Business

Vietnam attracts 31.8 billion USD in FDI in 11 months

Vietnam attracted 31.8 billion USD in foreign direct investment (FDI) in the first 11 months of 2019, up 3 percent year-on-year, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.