More than 64,500 new firms established in first half of 2018

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More than 64,500 enterprises were established with a registered capital of approximately VND649 trillion (US$28.4 billion) over the first six months of the year, General Statistics Office data has revealed.

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This represented an increase of 5.3% in the number of newly-established businesses and 8.9% in registered capital, as compared to the same period of 2017.

The adjusted capital for the reviewed period stood at VND 1,200 trillion (US$52.56 billion), raising the total registered and adjusted capital to VND 1,800 trillion (US$78.84 billion).

In addition, as many as 16,449 businesses resumed operations during the period, up 7% year-on-year, bringing the total number of newly registered enterprises, as well as those returning to operations in the past six months, to nearly 81,000 enterprises.

The number of jobs generated in the newly-established enterprises created 508,500 new employees, down 18.9% against the same period last year.

The Office also reported that 52,803 businesses temporarily halted their operations and 6,629 enterprises completed their dissolution procedures in the first half of the year.

Source: VietNamNet

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