Nearly 400 new businesses register every day
The total number of newly registered and re-established enterprises in 11 months increased to 126,200 enterprises.
According to the General Statistics Office, in November this year alone, 9,918 new businesses were established nationwide, and 2,074 businesses resumed operations. However, 6,838 businesses temporarily suspended operations and 1,173 businesses completed dissolution and termination procedures.
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| The number of newly registered and re-operated businesses has increased rapidly in recent times. (Illustration photo: KT) |
Thus, in the past 11 months, the whole country had 101,683 newly registered enterprises and 24,560 enterprises returning to operation, bringing the total number of newly registered enterprises and enterprises returning to operation in 11 months to 126,200 enterprises.
“This shows that the new legal framework along with the Government's solutions in supporting and encouraging business development are continuing to be effective,” the General Statistics Office assessed.
In the past 11 months, the number of newly registered enterprises increased in almost all sectors and fields. Some sectors saw strong growth in both the number of enterprises and registered capital, such as real estate; information and communications; finance, banking and insurance; processing and manufacturing industries as well as service enterprises...
In addition to the bright spot in the number of newly registered and resuming businesses, in the past 11 months, the number of businesses completing dissolution procedures and ceasing production and business activities has still increased to 10,468 businesses. That is not to mention the number of businesses temporarily ceasing operations in the first 11 months of this year, which was 54,046 businesses.
According to VOV
