Nearly 94,000 new firms set up in nine months

As many as 93,967 new enterprises were set up in the first nine months of this year with total capital of over 902.6 trillion VND (39.7 billion USD), a year-on-year rise of 15.4 percent and 43.5 percent, respectively.
Nearly 94,000 new firms set up in nine months ảnh 1Illustrative photo (Source: VNA)

Hanoi (VNA) – As many as 93,967 new enterprises were set upin the first nine months of this year with total capital of over 902.6 trillionVND (39.7 billion USD), a year-on-year rise of 15.4 percent and 43.5 percent,respectively.

According to the Enterprise Development Agency under the Ministry ofPlanning and Investment, average registered capital of each firm was 9.6billion VND (4.22 million USD), a rise of 24.4 percent over the same periodlast year.

At the same time, over 1.24 quadrillion VND (54.5 billion USD) wasinjected into 27,579 operating businesses, raising total capital pumped intothe economy to 2.14 quadrillion VND (94.16 billion USD), the agency added.

In September alone, 8,600 new enterprises were established with totalregistered capital of nearly 80.5 trillion VND (3.54 billion USD).

The number of labourers in the newly established companies in the period was886,453, posting a 4.5 percent year-on-year decrease. The ministry alsoreported that in the first nine months of the year, some 30,846 firms dissolvedor ceased operations.

More than 21,100 enterprises also resumed their operation in the firstnine months of the year.

The East Southern and Red River Delta regions had the highest number ofnew companies with 39,600 and 28.400 firms, respectively-VNA
VNA

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