Newly registered businesses peak in April

The number of new businesses set a record high in April at 15,967, according to the General Statistics Office of Vietnam.
Newly registered businesses peak in April ảnh 1People register to establish businesses at an office of the Hanoi Department for Planning and Investment. (Photo: VNA)

Hanoi (VNS/VNA) - The number of new businesses set arecord high in April at 15,967, according to the General Statistics Office ofVietnam.

The figure increased by 6.4% over the same period in 2022.However, the registered capital decreased by 5.7% to more than 154.6 trillionVND (6.6 billion USD).

Four to six economic regions across the country, which are theSoutheast, Central Highlands, Red River Delta, and Northern Midlands andMountains, saw gains in newly registered businesses in April. 

Up to 119,089 employees were registered at newly establishedfirms, a 13.7% increase over the same period in 2022.

Statistics show that the number of businesses entering andrejoining the market in April rose 36.6% to 9,610. In the first quarter, 56,946firms restarted operations, down 5.4% on-year. 

Therefore, in the first four months of this year, 78,871 companiesentered and re-entered the market nationally, including 49,872 new ones, up 0.6%over the same period last year.

However, global inflation and unstable situations cause potentialthreats to the Vietnamese economy's growth, particularly business operations. 

As a result, 14,509 businesses nationwide withdrew from the marketin April 2023. Since the beginning of the year, 77,001 firms left the market,up 25.1% over last year, of which a large part temporarily ceased operations./.

VNA

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