Number of new firms up by more than 8%. — Photo dantri

HA NOI (Biz Hub) — Up to 25,729 enterprises were established in the first four months of 2014, with a total registered capital of VND143 trillion (US$6.8 billion), the Government news portal (VGP) reported.

The number of newly established enterprises saw a year-on-year increase of 8.1 per cent, while the registered capital surged by 16.2 per cent against the same period last year, stated VGP, citing figures released by the Business Registration Department under the Ministry of Planning and Investment.

According to the Department, 21,489 enterprises were dissolved or temporarily suspended operation without registration in the reviewed period. Meanwhile, 5,863 enterprises resumed operation in the January-June period. Most of these enterprises are located in HCM City (2,044) and Ha Noi (1,366). Almost all the sectors saw a rising number of new enterprises, especially in finance, banking and insurance (up by 276.4 per cent). — VNS