The number of newly-established enterprises in all 17 sectors in the economy grew in June for the first time since the beginning of the year, after tens of thousands of companies were forced to shut their doors because of COVID-19.
Nearly 37,600 new firms were formed in Vietnam with a total registered capital of VND445.2 trillion (US$19.1 billion) in the first four months of this year, down 13.2% in number and 18% in capital year-on-year due to the COVID-19 pandemic.
VOV.VN - Approximately 35,000 enterprises based in Vietnam have made the step of withdrawing from the market in the first quarter of the year, a 2% increase on-year, according to the latest report released by the Ministry of Planning and Investment.
Nearly 16,200 businesses suspended operations in the first two months of this year, up 19.5 percent annually, reported the General Statistics Office.
A total of 8,276 new enterprises were established in the first month of 2020, down 17.9 percent year-on-year, but the total registered capital of the firms surged sharply by 76.8 percent to 267.2 trillion VND (11.55 billion USD), the highest growth rate in four years, the General Statistics Office (GSO) reported.
Vietnam saw 12,182 businesses established in October, up 3 percent from the previous month, according to the General Statistics Office (GSO).
Close to 102,300 new enterprises were established in the first nine months of this year with a combined registered capital exceeding 1.29 quadrillion VND (55.47 billion USD), up 5.9 percent and 34 percent, respectively, from a year ago.
The Mekong Delta province of Kien Giang has so far attracted 49 foreign direct investment (FDI) projects with a combined registered capital of over 2.75 billion USD.
VOV.VN - The total amount of FDI in new and existing projects, capital contribution and share purchase reached US$16.74 billion during the first five months of the year, a rise of 69.1 per cent over last year’s corresponding period
As many as 43,305 new enterprises with total registered capital of 542.4 trillion VND (32.32 billion USD) were established in the first four months of 2019, up 4.9 percent in the number of firms and 31.7 percent in capital, according to the General Statistics Offices (GSO).
Hong Kong (China) topped the list of 66 countries and territories investing in Vietnam in January-February with a total investment of 4.3 billion USD, making up 51 percent of the new FDI inflow into the country.
The manufacturing and processing sector garnered the most interest from foreign investors in 2018, attracting US$16.58 billion, or 47% of the registered capital.
A set of criteria to evaluate the corporate development of the country and of each province and city were released at a press conference on October 13 in the capital.
The central province of Nghe An has so far this year granted investment licences to 82 projects with a total registered capital of VND7.58 trillion (US$325 million), representing decreases in both number of projects and registered capital.
The total amount of FDI in new and existing projects, capital contribution and share purchase reached US$25.37 billion in the first nine months of 2018, equal to 99.6% of that of the same period last year.
Some 87,448 new enterprises were established in the first eight months of the year, registering a total capital of VND878.6 trillion (US$37.7 billion), a year-on-year increase of 2.4% in number of firms and 6.9% in capital, according to the General Statistics Office (GSO).
As many as 14,657 businesses were established in the capital city of Hanoi in the first seven months of 2018 with a total registered capital of over VND16 trillion (US$687 million), down 1% in number but up 42% in capital year-on-year.
Nearly 75,800 new enterprises were established nationwide in the first seven months of the year, with a total registered capital of VND771 trillion (US$33.34 billion), a year-on-year rise of 3.9% in the number of firms, and a 11.6% rise in terms of capital, according to the General Statistics Office (GSO) of Vietnam.
Vietnam’s IT group FPT has inaugurated its 7th representative office in Japan at Yokohama, Kanagawa Prefecture.
As many as 64,531 new enterprises have been set up in the first half of 2018 with a total registered capital of VND649 trillion (US$28.6 billion), up 5.3% and 8.9% from the same period last year, respectively.