Illustrative Image (Source: VNA)According to the GSO, totalregistered capital of the firms set up in April was 98.4 trillion VND (4.3billion USD), a fall of 17.1 percent from the previous month.
In the first four months of thisyear, 39,580 enterprises were established with combined capital of 369.6trillion VND (16.25 billion USD), up 14 percent and 48.9 percent year on year,respectively.
Together with 455.7 trillion VND (20.04billion USD) added into already established firms, 825.3 trillion VND (36.2billion USD) was pumped to the economy in the first four months of 2017.
At the same time, 11,545businesses resumed operations, an increase of 1.9 percent year-on-year.
In January-April, respectivesurges in new enterprises and investment of information and communicationtechnology were 237.2 percent and 44.9 percent, real estate, 66 percent and49.9 percent, education and training, 30.4 percent and 84.2 percent, employmentservice, equipment renting and support services, 18.2 and 145 percent.
Meanwhile, power, water and gasproduction and distribution saw a rise of 34.4 percent in the number of newfirms, while those of agro-forestry, seafood are 21.8 percent, and other serviceshit 19.9 percent. However, the fields experienced a fall in capital of 3.2percent, 12.9 percent and 12.4 percent.
In the first four months of 2017,growth in the number of new firms was recorded in all regions, including northernmidland and mountainous region with 1,724 firms, a rise of 29.9 percent, theRed River Delta with 12,028 firms, up 18.9 percent, and the Central Highlandswith 1,021 firms, an increase of 14 percent.
The GSO also reported that thenumber of enterprises halting operations in the first four months was 27,400,up 9 percent year on year, mostly in mining, forestry, aquaculture and power,water and gas production and distribution.-VNA
VNA
