About 79,300 new businesses were established in Viet Nam with total registered capital of VND999.4 trillion (nearly US$43 billion) in the first seven months of 2019.
HDBank has launched a promotion targeting new corporate customers, businesses that refer other businesses to the bank and those that reopen accounts close before 2018.
Ca Mau Province plans to help set up and attract around 6,000 new businesses by 2020, and 15,000 companies by 2030, by offering funding and changing legal procedures to accommodate the private sector.
Favourable conditions are needed to increase the number of new businesses and startups in order to realise the target of 1 million enterprises by 2020, an official has said.
The Ministry of Industry and Trade plans to streamline 464 to 612 conditions for establishing new businesses, equivalent to some 38.15 to 50.3 per cent of the total business conditions.
Significant increases in the number of new businesses and investments
this year indicate improvements in confidence, driven by the
Government''s efforts to improve the business climate and promote
entrepreneurship.
There were more than 44,700 newly established enterprises in Viet Nam
with total capital of VND349.5 trillion (US$15.5 billion) in the first
five months of this year.
Viet Nam saw 8,320 new enterprises begin operations, with total capital
of VND59.3 trillion (US$2.7 billion) in the first month of this year,
according to the General Statistics Office (GSO).
More than 16,600 new businesses with a total registered capital of
VND68.3 trillion (US$3.23 billion) were licensed in HCM City in the
first seven months of 2013, a year-on-year rise of 5 per cent.