Newly-established firms in Q3 doubles against same period from 2021

VOV.VN - Along with the strong recovery recorded in the domestic economy, the number of newly-established enterprises during the third quarter of the year amounted to 36,558, a figure double that of the same period from last year.

According to the Business Registration Management Department under the Ministry of Planning and Investment, Vietnam had a total of 112,791 new enterprises established in the January – September period, up 31.9% year on year.

Of the total, 83,345 new businesses were in the services sector, up 36.8% year on year. Elsewhere, the industry and construction sector had 27,903 new enterprises, up 20.8% from last year.

The Mekong Delta region recorded the sharpest increase in terms of new firms with 8,982, a rise of 47%, followed by the southeastern region with 45,457 new businesses, up 41.8%.

The first nine months of the year saw 50,509 resume operations, an increase of 56.1% year on year.

Furthermore, there were more than 112,968 enterprises dropping out of the market in the reviewed period, an increase of 24.8% against the same period from 2021.