Number of new businesses jumps in first half of 2017
Nearly 六 一, 三00 new enterprises were formed in the country in the first half of this year with total registered capital of more than VNĐ 五 九 六 trillion (US$ 二 六. 二 billion).– Photo doisongphapluat.com
HÀ NỘI – Nearly 六 一, 三00 new enterprises were formed in the country in the first half of this year with total registered capital of more than VNĐ 五 九 六 trillion (US$ 二 六. 二 billion).
The figures showed a rise of 一 二. 四 per cent in the number of enterprises and 三 九. 四 per cent in registered capital compared to the same period last year, according to the General Statistics Office (GSO).
However, 一0, 七 四 二 firms were set up in June alone, with total registered capital of VNĐ 一 一0. 五 trillion ($ 四. 八 六 billion), marking year-on-year reductions of 二 per cent in the number of enterprises and 七. 三 per cent in registered capital.
On average, the registered capital of individual business rose by 二 四. 三 per cent to VNĐ 九. 七 billion, GSO noted.
The number of businesses in the wholesale and retail sector, which made up 三 五 per cent of the total number of newly-established firms in the six month period, increased 一0. 五 per cent year-on-year. Enterprises in construction and manufacturing and processing industries saw yearly rises of 一0. 七 per cent and 九. 七 per cent, respectively.
From January to June, over 三 七, 九00 enterprises suspended operations, surging 二 二 per cent year-on-year, while 四, 六 八 五 enterprises were dissolved in the period, which was 一 per cent higher than last year’s corresponding period.
The period also saw 一 五, 四00 businesses resume operations, up 三. 二 per cent.
A separate survey by GSO revealed that 四 三 per cent of processing and manufacturing firms said their business results were better in the second quarter compared to same period last year. Over 一 九. 二 per cent said they encountered business difficulties while 三 七. 八 per cent reported stable business performance. -VNS