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Newly-established firms top 54,000 in half-year

30/06/2016

The number of newly-established businesses in the Jan-June period stood at 54,500 with a total registered capital of VND427.8 trillion (USD20.3 billion), up 20% and 51.5% in terms of company number and capital value respectively on-year.

 


Newly-established firms top 54,000 in half-year

However, up to 36,600 Vietnamese businesses shut or suspended operations during the first six months of this year, up on the 31,700 recorded during the same period of last year, according to figures released by the General Statistics Office.

Among those, around 5,500 enterprises declared bankruptcy, representing an on-year rise of 17% with 5,100 of them having registered capital of VND10 billion (USD476,190).

During this period around 14,900 Vietnamese firm resumed operations, up 75% compared to the same period of last year.

According to the GSO, Vietnam’s GDP in the first six months of this year was 5.52% with the highest growth seen in the industrial production and construction sector with 7.12% each. It is followed by the services sector, which was up 6.35%.

 

dtinews.vn | June 29, 2016 01:57 PM

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