Newly-established businesses up 19.3%

VGP – As many as 37,315 businesses were established in the first half of 2014 with a total registered capital of VND230,924 billion, up 19.3% from the same period in 2013, according to the Ministry of Planning and Investment.

July 07, 2014 3:59 PM GMT+7

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The figure included 18,356 with a combined registered capital of VND97,983 billion in the first quarter and 18,959 with a total register capital of VND132,942 billion in the second quarter.

Some 33,454 businesses were dissolved or suspended operations in the first half, up 16.5%. The number of enterprises resuming operation reached 8,322.

Regarding business structure, in the first half, those involved agriculture, forestry and aquaculture saw a rise of 27.5%, real estate 38.7%, logistics 62.6% and finance, banking and insurance 14.9%.

Most of the new businesses are located in Ho Chi Minh City up 14.8%, Ha Noi up 16.2%, Thai Binh Province up 32,3%, Cao Bang Province up 133.3% and Thanh Hoa Province up 16.6%.

By Thuy Dung