In August, Việt Nam had more than 13,400 newly established enterprises with registered capital of VNĐ124.6 trillion. — Photo bnews.vn

 

 Nearly 110,800 new enterprises with total registered capital of nearly VNĐ994.7 trillion (US$40.3 billion) were established in the first eight months of 2024, a year-on-year increases of 4.4 per cent in the number of businesses and 0.7 per cent in the capital, according to the General Statistics Office (GSO).

 

These new businesses registered a total of 672,400 workers, a drop of 1.9 per cent over the same period last year.

 

The average registered capital of a new enterprise in the January - August period declined by 3.6 per cent to VNĐ9 billion.

 

In August, Vietnam had more than 13,400 newly established enterprises with registered capital of VNĐ124.6 trillion, down 15.2 per cent in number of businesses and 6.2 per cent in registered capital month on month.

 

The average registered capital of a new enterprise in August stood at VNĐ9.3 billion, up 24.4 per cent over the previous month, and down 3.9 per cent compared to the same period last year.

 

In addition, nearly 8,500 businesses returned to operation in August, an increase of 12.7 per cent over the previous month and 35.6 per cent compared to the same period last year.

 

In the first eight months of this year, VNĐ2.04 quadrillion of added registered capital was poured into Việt Nam’s economy, down 5.1 per cent compared to the same period last year.

 

During the reviewed period, over 57,3000 businesses resumed their operation in the first eight months, an increase of 25.3 per cent over the same period last year, bringing the total number of newly established businesses and businesses returning to operation during the eight months to 168,100, a year-on-year increase of 12.5 per cent.

 

Meanwhile, in the first eight months this year, the number of enterprises temporarily suspending operation was over 82,800, an increase of 15.3 per cent over the same period last year.

 

About 38,700 businesses stopped their operations to wait for dissolution procedures, down 5.8 per cent over the same period last year and 13,800 businesses completed dissolution procedures, an increase of 18 per cent. — VNS