Up to 8,465 enterprises have resumed operation in January, a rise of 84.5 percent over the similar period last year, bringing the total number of newly registered and revived enterprises in January to over 18,500.
In January, Vietnam has seen a total of 10,079 enterprises registered for new establishment with registered capital of a combined VND151.1 trillion (US$6.53 billion), according to the general Statistical Office (GSO).
This resulted in a decline of 7 percent in the number of enterprise and 53.8 percent rise in the registered capital compared with the same period in 2018.
Average registered capital per newly established enterprise reached VND15 billion (US$648,255), up 64.8 percent year-on-year. If including VND484 trillion (US$20.91 billion) of additional capital of the enterprises which raised their capital base, the total registered capital pumped into the economy in January was VND635.1 trillion (US$27.44 billion).
Most of newly established enterprises are in the fields of wholesale, retail sale, with 3,800 enterprises (accounting for 37.7 percent of the total), down 0.3 percent year-on-year; construction with nearly 1,300 enterprises (12.4 percent), down 9 percent; manufacturing and processing 1,300 (13 percent), down 1 percent; science, technology, consulting, design, advertising and others with 790 (7.8 percent), down 1.1 percent, among others.
Besides, 8,465 enterprises have resumed operation, a rise of 84.5 percent over the similar period of 2018, bringing the total number of newly registered and revived enterprises in January to over 18,500.
Total number of registered labourers of newly established enterprises in January was 107,900, an increase of 26.5 percent against the same period last year, according to the office.
The number of enterprises temporarily ceasing operation in January was 10,804, an increase of 25.3 percent against the comparable period of 2018, while the number of enterprises which finished the procedure for dissolution in January was 1,802, an increase of 16 percent from the same period last year.
http://www.hanoitimes.vn/economy/2019/01/81E0D2B7/vietnam-s-business-formations-down-7-in-Jan/
