Newly Established Enterprises

The total number of newly-registered and reinstated enterprises in the eleven-month period reached 165,100, up 0.9% year-on-year, averaging 15,000 per month.

The number of newly established enterprises in 2020 would be around the figure recorded a year ago.

The total number of newly-registered and reinstated enterprises in the ten-month period reached 148,900, down 0.3% year-on-year.

The average growth rate of newly established enterprises is expected to reach 15% per annum in 2021 – 2030.

This year, over 200 enterprises representing Hanoi’s business community would receive the acknowledgment from leaders of the government and the city.

A survey found that 81% of manufacturing and processing enterprises expected stability and even improvements in performance in the final quarter of the year.

The number of newly-established enterprises in Vietnam in the first seven months of 2020 declined by 5.1% year-on-year to 75,200.

The number of newly established enterprises in Vietnam in the first five months of 2020, however, was down 10.5% year-on-year to 48,300.

Total capital added to the economy by companies between January and February was VND641 trillion (US$27.75 billion).

The company’s registered capital is higher than that of Vietnam’s largest mobile carrier Viettel.