9-4-2019, 15:52 GMT+7

Jan-Aug period sees 90,500 newly established enterprises

 The number of newly established enterprises in the first eight months of 2019 rose by 3.5% to about 90,500, which pledged to invest more than VND1.15 quadrillion (US$47.3 billion) in total, up 31% over the same period last year.

It means the average registered capital size of an enterprise was over VND12.7 billion (US$546,100), the highest recorded in recent years, according to the General Statistics Office.

These new enterprises employed an estimated 832,300 workers, up 13.3% over the same period in 2018.

With VND1.6 billion additional investment by active enterprises, the total capital poured into the Vietnamese economy in the January-August was more than VND2.75 quadrillion (US$118.25 billion).

The period also saw 25,500 enterprises returning to business, up 21.8% year on year.

The national statistical agency added that the number of enterprises which temporarily halted their business in the first eight months of 2018 was an estimated 20,000, down 7% from a year earlier.

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