62,000 new enterprises established during five-month period

VOV.VN - More than 61,900 first were established in Vietnam with a total registered capital of VND568.7 trillion during the first five months of the year, marking a decline of 1.6% in the number of enterprises, and 25.3% in terms of registered capital on-year, according to figures given by the General Statistics Office (GSO).

May alone witnessed the country record more than 12,000 newly-established enterprises with a registered capital of VND103.7 trillion, thereby representing a decrease of 24.2% in the number of enterprises and a drop of 32.9% in registered capital

Some 5,952 enterprises have returned to operation, down 38.1% over the previous month and up 14.3% over the same period from last year.

The average registered capital of a newly-established enterprise in the first five months of the year reached VND9.2 billion, representing a fall of 24.1% on-year.

The GSO points out that the number of newly-established firms and those that have resumed operation continued to drop, while the number of enterprises temporarily suspending business and waiting for dissolution still increased.

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