Home Economy

More than 43,300 new firms set up so far this year

May 4th at 08:54
04-05-2019 08:54:39+07:00

More than 43,300 new firms set up so far this year

The average registered capital of a new firm was VND12.5 billion ($537.5 million), a rise of 25 per cent, reported the office.

 

The total number of employees working in the new companies was 440,100, a year-on-year increase of 35.2 per cent.

The new companies’ registered capital helped raise the total new investment poured into the economy in the period to VND1.41 trillion ($60.8 billion), which included VND872 trillion ($37.5 billion) added into operating companies.

Up to 17,463 companies resumed operations in the period, up 52.6 per cent against the same time last year.

bizhub

MOST READ

NEWS SAME CATEGORY

January-April total retail value grows at highest rate since 2015
ECONOMY May 4th at 08:53

January-April total retail value grows at highest rate since 2015

Latest updates from the GSO showed that the total retail sale value of consumption goods and services in the first four months of this year was estimated at VND1.58...

Viet Nam's digital transformation expected to add US$162 billion to GDP
ECONOMY May 4th at 08:51

Viet Nam's digital transformation expected to add US$162 billion to GDP

Viet Nam could enjoy an additional US$162 billion to GDP in the next 20 years if the country succeeds in its digital transformation, said Deputy Minister of...

Firms need to be proactive to take advantage of CPTPP: Official
ECONOMY May 4th at 08:48

Firms need to be proactive to take advantage of CPTPP: Official

Whether businesses are proactive in implementing the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will be essential in determining...

Vietnam closing in on neighbours in Southeast Asian startup race
ECONOMY May 3rd at 14:09

Vietnam closing in on neighbours in Southeast Asian startup race

Despite one of the world’s highest economic growth, broad-based macroeconomic stability, and advanced IT infrastructure, Vietnam is still dogging behind many...

Viet Nam’s trade surplus narrows in first four months of 2019
ECONOMY May 3rd at 13:55

Viet Nam’s trade surplus narrows in first four months of 2019

Viet Nam recorded a trade surplus of US$771 million in the first four months of this year, much lower than the $3.7 billion surplus seen in the same period last...

Four-month CPI growth lowest in three years: GSO
ECONOMY May 3rd at 10:13

Four-month CPI growth lowest in three years: GSO

Viet Nam recorded a year-on-year rise of 2.71 per cent in consumer price index (CPI) in the first four months of this year, the General Statistics Office (GSO)...

Private sector needs more impetus: PM
ECONOMY May 3rd at 10:11

Private sector needs more impetus: PM

The private sector plays a crucial role in the national economy and should be given impetus to develop.

More favorable conditions needed for private-sector development: PM
ECONOMY May 3rd at 08:12

More favorable conditions needed for private-sector development: PM

Although private enterprises have increasingly asserted their vital role in the local economy, they still face multiple obstacles in doing business. Therefore, it...

Digitization could add billions to Vietnam GDP: Official
ECONOMY May 2nd at 14:21

Digitization could add billions to Vietnam GDP: Official

Vietnam could add $162 billion to its GDP in 20 years’ time by turning its economy digital, says a deputy minister.

Titans of female entrepreneurship
ECONOMY May 2nd at 14:16

Titans of female entrepreneurship

In the development of the Vietnamese economy, more women are running businesses across the country. There are around 145,000 small- and medium-d enterprises...

Read More

MOST READ

Back To Top