Number of new enterprises surges 28.1% in 11 months

More than 86,800 new enterprises were registered in 11 months ending in November, a 28.1% year-on-year increase, according to the General Statistics Office of Vietnam.

The new enterprises registered total capital of US$23.9 billion, hiking up 37.7% compared to the same time last year. In addition, operational enterprises pumped an additional US$33 billion into their activities in the period.

As a result, more than 1.3 million jobs were created, up 32.9% against the same period in 2014.

November saw the establishment of over 9,300 enterprises with total registered capital of US$2.3 billion, posing a 19.9% increase in number and 35.5% rise in capital from October.

The Office also reported that 18,646 enterprises resumed their operation in 11 months, 31.2% higher than last year’s figure, said to be spurred by economic recovery and Government’s efforts to improve business climate and support firms to overcome difficulties.

Meanwhile, some 62,713 companies were dissolved or suspended operation during January- November, up 21.4% from last year. The figure for November was 4,768 firms.

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