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Boost in newly-established businesses in January

Around 13,000 businesses were set up in January with a total registered capital of VND192.3 trillion (USD8.3 billion), up 28.9% on-year.

Around 13,000 businesses were set up in January with a total registered capital of VND192.3 trillion (USD8.3 billion), up 28.9% on-year.

According to the Ministry of Planning and Investment, the average registration of each new enterprise in January was estimated at around VND14.8 billion, up 5.8% on-year.

In the month, nearly 19,100 enterprises resumed operations after months of closure, up 353% over the previous month, the General Statistics Office reported.

One of the factors to boost the resumption of businesses was the government’s newly-issued stimulus package.

In contrast, around 36,000 businesses suspended their operations in January.
Source: dtinews.vn, TP
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