January also saw more than 3,520 firms raising their levels of capital by VND218 trillion (US$9.56 billion), while nearly 4,600 enterprises resumed their operations. — Photo baocongthuong.vn Some 11,000 enterprises were established with a registered capital of VND98.27 trillion (US$4.31 billion) in the first month of this year. These figures represented respective increases of 20.6 per cent and 8.9 per cent compared to the same month last year, data of the Ministry of Planning and Investment revealed. January also saw more than 3,520 firms raising their levels of capital by VND218 trillion ($9.56 billion), while nearly 4,600 enterprises resumed their operations, according to the ministry. The average registered capital for each business this month was VND9.1 billion (approximately $400,000), down 10 per cent year-on-year. Meanwhile, the number of labourers in the newly-established enterprises was 85,300 people, marking a yearly decrease of 18 per cent. According to the data, the number of new enterprises were concentrated mainly in the wholesale, retail, automobiles and motorbikes repairing sectors, reaching more than 3,800, accounting for 35.1 per cent of the total enterprises; there were 1,380 enterprises operating in the construction sector, or 12.7 per cent, and 1,320 enterprises in the processing and manufacturing industry, making up 2.2 per cent. Regarding the registered capital, the construction sector recorded the highest registered capital of more than VND20.61 trillion ($904 million), accounting for 21 per cent. The real estate came second with VND17.56 trillion ($770 million) or 18 per cent, while the wholesale, retail, automobiles and motorbikes… [Read full story]
As many as 10,954 enterprises were formed in April with total registered capital of 62.2 trillion VND (over 2.7 billion USD), according to the General Statistics Office (GSO). The number of newly-established businesses increased by 19.2 percent year-on-year, while the total amount of registered capital jumped 21.3 percent against the same period last year. In the first four months of this year, 34,721 new enterprises were established with total capital of 248.2 trillion VND, a year-on-year rises of 22.9 percent and 52.8 percent, respectively. During the reviewed period, each new company had an average investment of 7.1 billion VND, up…... [read more]
The Business Registration Agency reported that 126,859 new firms were established in 2017, an increase of 15.2% compared to the previous year and the highest recorded yet. Nearly 127,000 new firms set up in 2017 The agency's representative said that nearly VND1,300trn (USD57.3bn) in chartered capital was registered, a 45.4% increase against last year. In December alone, 10,814 firms were established with a total capital of VND164trn.The real estate sector leads with VND388trn (USD17bn) in registered capital, accounting for 30% of the total number. Retail, wholesale business and car maintenance recorded VND198trn in registered capital."More high-value firms were established that…... [read more]
Capital registered by these new companies was estimated at nearly VND63 trillion (US$2.96 billion), a year-on-year rise of 28.4%. Overall, these enterprises are expected to add around 102,400 new employees to their payrolls, up 16.4% over the same period last year, said the BRMA. The number of enterprises providing utility services made the biggest year-on-year increase at 59.6%, with agriculture and logistics firms trailing behind. New enterprises in areas such as construction, tourism, technology and consultancy declined over the last year. In the same month, there were up to 13,124 companies going out of business, up 12.2% year-on-year while 3,640…... [read more]
NDO – Over 61,200 enterprises were formed nationwide in the first six months of the year, with a total registered capital of VND596 trillion, up 12.4% in the number of new businesses, with capital up 39.4%, compared with the same period of 2016. The total capital supplemented in the first six months of 2017 reached VND 1,455 trillion.
The figures were announced by the Business Registration Management Agency under the Ministry of Planning and Investment.
According to the agency, the number of newly established enterprises in June, 2017 was 10,742. Capital registered by these new companies was estimated at nearly…... [read more]
The Hanoitimes - As of December 20, the number of newly-established firms reached a record high of 110,100 this year, up 16.2 percent from 2015, according to the Business Registration Management Agency under the Ministry of Planning and Investment The Ministry of Planning and Investment said the registered capital by these new enterprises also rose by 48.1% to over 891 trillion VND (over 39 billion USD. The average registered capital per business was 8.09 billion VND (355,000 USD), up 48.1% as compared to last year. The number of businesses resumed operations in 2016 reached 26,689, up 43.1 percent from 2015.…... [read more]
