New businesses continue to open
 |
| The number of Vietnamese enterprises increased 4.3 per cent in the first 10 months of this year.-Photo baodauthau.vn |
These figures marked a year-on-year increase of 4.3 per cent in the number of businesses and 9.2 per cent in total capital, the Business Registration Management Agency under the Ministry of Planning and Investment reported.
In the first 10 months of the year, the average capital for an enterprise reached VND10.2 billion, surging 4.7 per cent over the same period last year.
About 135,500 firms with a total capital of VND3.16 quadrillion resumed operations after suspending them due to production and business challenges.
Meanwhile, roughly 145,640 enterprises stopped operations in the same period, including nearly 67,250 enterprises that were bankrupted.
Sixty per cent of new enterprises and businesses that suspended operations were in wholesale, retail, automobile and motorbike maintenance, construction, processing or manufacturing.
What the stars mean:
★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional
Tag:
Related Contents
Latest News
More News
- Vietnam’s economy on track for 6.5 per cent growth despite Typhoon Yagi, says HSBC (October 01, 2024 | 16:46)
- Vietnam urges China to expand market access for agricultural products and strengthen trade ties (October 01, 2024 | 16:42)
- IMF predicts Vietnam's economic growth to reach 6.1 per cent in 2024 (September 30, 2024 | 18:26)
- Deli Group breaks ground on $270 million factory in Hai Duong (September 30, 2024 | 18:17)
- Government considering tax on multiple properties (September 27, 2024 | 20:17)
- Accuracy more vital than ever in dawn of AI (September 26, 2024 | 20:44)
- Vietnam remains attractive destination for US businesses (September 26, 2024 | 20:23)
- New innovation centre inaugurated during HEF 2024 (September 25, 2024 | 09:00)
- China's Geely to build $168 million automobile facility with Tasco in Thai Binh (September 24, 2024 | 19:03)
- Spate of claims made in typhoon aftermath (September 19, 2024 | 17:00)
Mobile Version