In nine months, over 110,000 new companies entered the market.

DNHN - In the first nine months of the year, there were 116.3 thousand newly registered businesses with a total registered capital of nearly 1.09 trillion VND and a total number of registered workers of 748.9 thousand, representing an increase of 3.1%

The General Statistics Office reported on September 29 that in September there were nearly 12,700 newly established enterprises with a registered capital of 117,2 trillion VND and 80 thousand registered employees, representing a decrease of 9.7% in the number of enterprises, a decrease of 13.4% in registered capital, and an increase of 0.1% in the number of employees compared to August.

Consequently, the average registered capital of a newly established business in the first nine months was 9.3 billion VND, a decrease of 17.2% compared to the same period last year.

Including 1.5 million billion VND from businesses increasing capital, the General Statistics Office reported that the total registered capital added to the economy in nine months was nearly 2.6 million billion VND, a decrease of 34,000 billion VND. 2% in comparison to the same period last year. In addition, 48,9 thousand businesses resumed operations, bringing the total number of businesses entering the market to 165,2 thousand, an increase of 1.2% over the same period in the previous year.

Thus, an average of 18,4 thousand new businesses are established and returned to operation each month.

Also in nine months, the number of businesses temporarily suspending operations increased by 21.2% over the same period last year, reaching 75,800. In addition, 46 thousand businesses had to cease operations pending dissolution, an increase of 26.9%, and 13,2 thousand businesses completed dissolution, a decrease of 4.0%. Consequently, an average of 15,000 businesses leave the market each month.

Ngoc Phi (TH)