As many as 93,967 new enterprises were set up in the first nine months of this year with total capital of over 902.6 trillion VND (39.7 billion USD), a year-on-year rise of 15.4 percent and 43.5 percent, respectively.
Hanoi (VNA) – As many as 93,967 new enterprises were set upin the first nine months of this year with total capital of over 902.6 trillionVND (39.7 billion USD), a year-on-year rise of 15.4 percent and 43.5 percent,respectively.
According to the Enterprise Development Agency under the Ministry ofPlanning and Investment, average registered capital of each firm was 9.6billion VND (4.22 million USD), a rise of 24.4 percent over the same periodlast year.
At the same time, over 1.24 quadrillion VND (54.5 billion USD) wasinjected into 27,579 operating businesses, raising total capital pumped intothe economy to 2.14 quadrillion VND (94.16 billion USD), the agency added.
In September alone, 8,600 new enterprises were established with totalregistered capital of nearly 80.5 trillion VND (3.54 billion USD).
The number of labourers in the newly established companies in the period was886,453, posting a 4.5 percent year-on-year decrease. The ministry alsoreported that in the first nine months of the year, some 30,846 firms dissolvedor ceased operations.
More than 21,100 enterprises also resumed their operation in the firstnine months of the year.
The East Southern and Red River Delta regions had the highest number ofnew companies with 39,600 and 28.400 firms, respectively-VNA
An additional 22,972 new enterprises were established in HCM City in the first seven months of the year with a combined registered capital of 297 trillion VND (13 billion USD).
As many as 72,953 new enterprises were established in the first seven months of this year with a total registered capital of 690.74 trillion VND (30.39 billion USD).
As many as 12,404 new enterprises were set up in August with total capital of 131 trillion VND (5.76 billion USD), up 6.2 percent in volume and 39 percent in value, reported the General Statistics Office (GSO).
A total of 8,600 new enterprises with total registered capital of nearly 80.5 trillion VND (3.54 billion USD) were set up in September, according to the Ministry of Planning and Investment.
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Illustrative photo (Source: VNA) 
