HANOI (XINHUA) – More than 218,500 enterprises were newly established or resumed operations in Vietnam in the past 11 months of 2024, a year-on-year increase of 7.4 per cent, according to the General Statistics Office (GSO).
During the January-November period, the country saw over 147,200 new enterprises set up with a total registered capital of over VND1.45 quadrillion (USD57.1 billion), a reduction of 0.5 per cent in the number of enterprises while the registered capital is relatively equal to that of the same period last year.
The average registered capital of a newly established enterprise during the cited period reached VND9.9 billion, an increase of 0.5 per cent compared to the same period in 2023, said GSO. New firms in the service sector increased by 0.2 per cent while those in the agriculture, forestry and fishery sector declined by 8.6 per cent and the industry and construction down 2.6 per cent.
Nearly 71,300 enterprises resumed their operations in 11 months, an increase of 28.5 per cent year on year.
