Capital city sees 12,100 new enterprises in six months
Up to 12,100 new enterprises were established in the capital city of Hanoi in the first six months of 2018, with total registered capital of VND124 trillion (around US$5.46 billion), reported the municipal People’s Committee.
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Illustrative photo (Source: thongtindauthau.com.vn)
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During the period, nearly 1,950 firms resumed their operations, down by 1.5% year-on-year, while more than 4,300 stopped operations, surging by 51% over the same period last year.
Hanoi also saw 720 firms completing dissolution procedures in the first half of the year, 32% higher than last year’s corresponding period, the report said, adding that as of June, the city is home to some 251,500 enterprises.
From January to June, the city’s total social investment capital reached an estimated VND128.9 trillion (US$5.67 billion), up by 10% year-on-year.
The registered capital of investment projects outside the State budget hit VND80 trillion (US$3.52 billion), up 19% year-on-year, while foreign investment stood at US$1.2 billion, up by 9.5% compared to the same period last year.
To date, the city has 4,325 valid foreign direct investment (FDI) projects, capitalised at US$27.94 billion, of which US$15.4 billion has been disbursed.
