More than 13,500 enterprises suspended operation for fixed periods during the first two months of this year, up 20.8 percent compared to the same period in 2018, according to the General Statistics Office (GSO).
Hanoi (VNA) – More than13,500 enterprises suspended operation for fixed periods during the first two monthsof this year, up 20.8 percent compared to the same period in 2018, according tothe General Statistics Office (GSO).
Besides, more than 3,150 firmscompleted dissolution procedures during the period, a year-on-year increase of24.8 percent. Of those firms, some 2,900 had less than 10 billion VND (430,000USD) in capital. Most dissolved firms operated in wholesale and retail,automobile repair, processing, manufacturing and construction.
The number of new firmsestablished in the January-February period dropped 14.6 percent on a yearlybasis to 15,979, but their total registered capital surged 25.4 percent to 247trillion VND (10.62 billion USD). The new firms employed 164,000 workers, up4.8 percent from the corresponding period last year.
The wholesale-retail andautomobile repair sectors saw 6,000 newly-established enterprises, a reductionof 7.3 percent. The processing and manufacturing sectors had 2,100 new firms,down 9.4 percent, and the construction sector had 2,000 new ones, a decrease of17 percent.
In terms of region, thesoutheast region had the largest number of new firms with 6,400, followed bythe northern region with 5,100, the north central and central coastal regionhad 2,200 and the Mekong delta 1,200.
At the same time, 10,191 firmsresumed operation in the period. -VNA
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Illustrative image (Photo: VNA) 
