Over 6,400 firms resume operations in HCM City

Over 6,400 firms in Ho Chi Minh City resumed their operations in 11 months of this year despite the COVID-19 pandemic, up more than 21 percent year-on-year.
Over 6,400 firms resume operations in HCM City ảnh 1Illustrative image (Photo: VNA)
Hanoi (VNA) – Over 6,400 firms in Ho Chi MinhCity resumed their operations in 11 months of this year despite the COVID-19pandemic, up more than 21 percent year-on-year.

Over 37,500 new enterprises were licensed with a totalregistered capital of more than 947 trillion VND (41.1 billion USD), down 7.3percent in volume and up over 58 percent in registered capital annually.

Meanwhile, more than 126,000 firms changed business registrationcontents, with additional capital up over 41 percent year-on-year.

According to the municipal Department of Planning andInvestment, over 5,100 firms completed dissolution procedures during theperiod, a rise of 15.6 percent compared to the same period last year.

As many as 13,000 companies suspended operations, up 41percent annually.

The city is now home to over 443,600 firms with a registeredcapital of more than 7 quadrillion VND./.
VNA

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