Home Economy

New businesses post highest registered capital

Jul 30th at 14:24
30-07-2019 14:24:36+07:00

 

New businesses post highest registered capital

As many as 79,300 businesses were established in the past seven months with combined registered capital of VND999.4 trillion, up 4.6% and 20.6% year-on-year, respectively, VietnamPlus reports, citing data from the General Statistics Office.

The average registered capital of new businesses was VND12.6 billion, setting a new record.

With VND1.470 quadrillion in additional capital from existing businesses included, fresh and additional capital totaled VND2.470 quadrillion, or some US$105 billion.

Besides this, some 24,300 businesses reportedly resumed operations year-to-date, rising by 29.9% against the same period last year. However, 23,100 firms registered to suspend operations in the period, and 24,800 units are currently undergoing dissolution.

Of the 9,300 businesses dissolved (up 20% year-on-year), small businesses with capital below VND10 billion accounted for up to 90.4%.

saigontimes

MOST READ

NEWS SAME CATEGORY

Vietnam’s CPI up 0.18% in July
ECONOMY Jul 30th at 08:30

Vietnam’s CPI up 0.18% in July

Vietnam’s consumer price index (CPI) in July rose by 0.18% month-on-month and was up 2.44% from the same period last year, the General Statistics Office (GSO)...

PM exhorts Kien Giang Province to capitalise on resources to become innovative, wealthy
ECONOMY Jul 30th at 08:18

PM exhorts Kien Giang Province to capitalise on resources to become innovative, wealthy

Kien Giang should become one of the wealthiest and most dynamic and innovative provinces in the country based on its comparative natural advantages and sea-based...

Hong Kong the largest source of foreign investment in Viet Nam in first 7 months of 2019
ECONOMY Jul 29th at 15:08

Hong Kong the largest source of foreign investment in Viet Nam in first 7 months of 2019

Hong Kong retained its crown as Viet Nam’s leading source of foreign direct investment (FDI) in the first seven months of this year, pouring US$5.44 billion in the...

Foreign investment through M&A surges while FDI drops
ECONOMY Jul 29th at 14:39

Foreign investment through M&A surges while FDI drops

Foreign investment in Vietnam in the January-July period through capital contributions and stake acquisitions rocketed 78% year-on-year, while foreign direct...

Bamboo Airways seeks to annually train 3,500 employees
ECONOMY Jul 29th at 14:37

Bamboo Airways seeks to annually train 3,500 employees

Bamboo Airways has started work on its aviation training institute in the central province of Binh Dinh, aiming to train nearly 3,500 students per year, focusing on...

Foreign investors continue to pour money into Dong Nai
ECONOMY Jul 29th at 07:48

Foreign investors continue to pour money into Dong Nai

The southern province of Dong Nai lured more than US$1.14 billion in foreign direct investment (FDI) in the first seven months of this year, easily surpassing its...

Can Tho conference discusses building an entrepreneurial eco-system
ECONOMY Jul 29th at 07:47

Can Tho conference discusses building an entrepreneurial eco-system

Developing an innovative entrepreneurial eco-system and attracting participants to it were among the topics discussed at a seminar in Can Tho on Friday.

Exporting firms should focus on intellectual property
ECONOMY Jul 27th at 16:30

Exporting firms should focus on intellectual property

In order to take advantage of the Europe-Viet Nam Free Trade Agreement (EVFTA), Vietnamese enterprises should pay more attention to intellectual property rights.

Central Group Vietnam proposes new trade centre in Bac Ninh
ECONOMY Jul 27th at 16:27

Central Group Vietnam proposes new trade centre in Bac Ninh

Central Group Vietnam expressed its desire to develop a trade centre in the northern province of Bac Ninh at a working session with local authorities on Thursday...

Disbursements for development remains extremely low, says ministry
ECONOMY Jul 26th at 09:38

Disbursements for development remains extremely low, says ministry

Vietnam disbursed nearly VND4.18 trillion (US$180 million) worth of official development assistance (ODA) loans in the first six months of this year, equivalent to...

Read More

MOST READ

Back To Top