Illustrative image (Photo: VNA) Hanoi (VNA) – Vietnam had more than 75,200 newly registered enterprises inthe first seven months of this year, a 5.1 percent decrease compared to thesame period last year.
Notably, there were more than 28,500 enterprises resuming operations, anincrease of 17.6 percent.
Thenumber of enterprises that suspended operations decreased by 12.2 percent,while those who completed dissolution procedures dropped 3.5 percent. Thebusinesses were mainly in the fields of wholesale, retail, repair of cars andmotorcycles, manufacturing and processing industry, construction, real estate,accommodation and food services.
Onaverage, there were 14,800 new businesses established and re-operated everymonth.
InJuly alone, nearly 13,200 enterprises were set up, down by 3.8 percent from theprevious month.
However, the registered capital of the new firms in the market last monthincreased by 72 percent, showing the benefits of business support policies andefforts to revive the economy from the impacts of the COVID-19 pandemic.
The General Statistics Office (GSO) on July 29 said the country’s newlyestablished enterprises had registered capital of more than 239 trillion (10.3billion USD) and more than 91,000 employees, down 3.8 percent in the number ofbusinesses and up 72 percent in registered capital.
The average registered capital of a newly established enterprise last month hit18.1 billion, a sharp increase of 78.8 percent from the previous month and anincrease of 60.9 percent over the same period in 2019.
Also in July, the country had 4,839 enterprises resuming operations, up 79.9percent over the same period last year.
However,3,400 enterprises registered to suspend their business. More than 3,000 firmsstopped operations and are awaiting dissolution procedures and 1,504enterprises completed dissolution procedures./.
VNA
