Number of newly-registered businesses down 18.3% in February
A woman conducts procedures at a business registration unit. (Photo: VNA)
Vietnam saw 8,841 new enterprises registering a combined capital of 65.6 trillion VND (2.76 billion USD) and nearly 51,100 labourers in February, according to the General Statistics Office.
The figures represent month-on-month decreases of 18.5% in the number of enterprises, 33.8% in capital, and 25.6% in the number of employees; and a year-on-year rise of 21.4% in the number of enterprises; and y-o-y decreases of 23.1% in capital, and 29.6% in the number of labourers.
Therefore, in the first two months of this year, 19,700 businesses with a combined registered capital of 164.7 trillion VND and 119,600 labourers were set up across the country. The figures represented y-o-y decreases of 3%, 40.7% and 20.1%, respectively.
In addition, 3,927 firms resumed operations in the month, down 73.8% m-o-m, and 3.5% y-o-y, bringing the total number in the first two months to 18,200, down 18.6% y-o-y.
On the opposite side, during January-February, 38,800 businesses temporarily ceased operations, a y-o-y rise of 18.5%, while 9,400 were in the dissolution process, up 5.8%, and 3,200 completed dissolution procedures, down 1.6%./.
Related News
Saigontex 2023 attracts over 1,300 domestic, foreign businesses
14:01 | 06/04/2023 Import-Export
Vietnam a potential market for French businesses, investors: experts
16:12 | 05/04/2023 Import-Export
Binh Duong Customs notifies businesses of regulations on labeling and origin of goods
10:20 | 29/03/2023 Customs
Binh Dinh introduces economic, trade potential to Belgian businesses
20:44 | 25/03/2023 Import-Export
Latest News
Mong Cai international border gate sees strong recovery
16:15 | 05/04/2023 Import-Export
Import and export turnover across Cao Bang prospers but still exists difficulties
10:25 | 05/04/2023 Import-Export
Cashew industry strives to "get on the shelves of world supermarkets"
10:24 | 05/04/2023 Import-Export
HCM City’s industrial production index down 0.9% in Q1
14:47 | 04/04/2023 Import-Export
More News
Fisheries exports estimated at 1.85 billion USD in Q1
14:45 | 04/04/2023 Import-Export
Quang Ninh aims to attract quality FDI inflows
14:43 | 04/04/2023 Import-Export
Exports face many difficulties
13:29 | 04/04/2023 Import-Export
Manufacturing enterprises increase their competitiveness thanks to digital transformation
13:28 | 04/04/2023 Import-Export
32nd Việt Nam Expo promises to boost business linkages
14:19 | 03/04/2023 Import-Export
Prevention of price risks before news that Indonesia increases rice imports in reserve
09:52 | 03/04/2023 Import-Export
Japanese investors highly appreciate Vietnamese property market
17:41 | 02/04/2023 Import-Export
Seafood enterprises propose to remove obstacles from exporting to the EU
10:34 | 02/04/2023 Import-Export
Need to effectively use tools to prevent exchange rate risks in import and export field
10:32 | 02/04/2023 Import-Export
Your care
The system has not recorded your reading habits.
Please Login/Register so that the system can provide articles according to your reading needs.
Saigontex 2023 attracts over 1,300 domestic, foreign businesses
14:01 | 06/04/2023 Import-Export
Mong Cai international border gate sees strong recovery
16:15 | 05/04/2023 Import-Export
Vietnam a potential market for French businesses, investors: experts
16:12 | 05/04/2023 Import-Export
Import and export turnover across Cao Bang prospers but still exists difficulties
10:25 | 05/04/2023 Import-Export
Cashew industry strives to "get on the shelves of world supermarkets"
10:24 | 05/04/2023 Import-Export