Over 8,000 enterprises established in March
As many as 8,082 enterprises were established in March with total registered capital of nearly VND81.16 trillion (US$3.57 billion), reported the Ministry of Planning and Investment (MoPI).
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The figures represent a rise of 2.8% in the number of enterprises and an 18% drop in the registered capital compared with February.
On average, the registered capital of individual businesses decreased by 20.3% to VND10 billion (US$440,000). The number of registered labourers for the new businesses in the reviewed period saw a modest decline of three percent to 68,979.
Besides this, 1,801 firms returned to operation in March, down 22.3% from the previous month.
According to the MoPI, the country saw 26,785 new enterprises in the first three months of this year, with total registered capital of around VND278.49 trillion (US$12.26 billion).
The number was up 1.2% and while capital rose 2.7% as compared with the same period last year, said the MoPI.
Average registered capital in each enterprise established in the first quarter was VND10.4 billion, a year-on-year increase of 1.5%. The number of workers employed in newly established enterprises was 225,389 people, down 22.7% from the same period last year.
A total of 8,449 enterprises resumed operations in the first three months, while 8,115 ceased operations or were awaiting dissolution and 3,321 others completed dissolution procedures.
