Newly-established businesses up 19.3%

As many as 37,315 businesses were established in the first half of 2014 with a total registered capital of VND230,924 billion, up 19.3% from the same period in 2013, the Government news portal reported.

Some 33,454 businesses were dissolved or suspended operations in the first half, up 16.5%. The number of enterprises resuming operation reached 8,322.

Regarding business structure, in the first half, those involved agriculture, forestry and aquaculture saw a rise of 27.5%, real estate 38.7%, logistics 62.6% and finance, banking and insurance 14.9%.

Most of the new businesses are located in Ho Chi Minh City (up 14.8%), Hanoi (up 16.2%), Thai Binh province (up 32.3%), Cao Bang province (up 133.3%) and Thanh Hoa province (up 16.6%).

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