More than 18,000 new businesses were established in the first two months of 2021, a year-on-year decline of 4 per cent, according to the Ministry of Planning and Investment.
Average registered capital per newly-established enterprise reached VND11.8 billion during the period, down 10.4 per cent year-on-year, according to the General Statistics Office (GSO).
The number of new firms in February was estimated to reduce 41.5 per cent month on month to 5,900 due to the Lunar New Year holiday, according to the General Statistics Office (GSO).
More than 96,600 firms were founded in the January – September period with a total registered capital of VND963.4 trillion (US$44.88 billion), representing a rise of 2.8 per cent and 6.7 per cent, respectively, over the same period last year,...
The Government hopes to attract 135,000 new firms in 2018. Vu Tien Loc, chairman of the Viet Nam Chamber of Commerce and Industry (VCCI), said this was achievable, but would require quick reforms.
Business confidence is expected to improve in 2017, following the Government’s hastened reform efforts aiming to momentum for firms and boost start-up entrepreneurship.
HCM City hopes to incorporate 50,000 new companies next year (2017) so that there are 500,000 operational ones by 2020, the chairman of the city People’s Committee, Nguyen Thanh Phong, has said.
The number of newly-established firms set a record in 2016, reflecting improvement in business confidence, following the Government’sefforts to boost reform.
With 5,584 firms established in February, the
country saw 13,904 new companies begin operations in the first two
months of 2016, up 1 per cent year-on-year, the General Statistics
Office (GSO) reported.
More than 77,500 new enterprises were registered in the first 10 months
of 2015, a 29.2 per cent year-on-year increase, the Minisstry of
planning and investment (MPI) said.