Over 218,500 Newly-Established Firms Resume Operations in Vietnam in 11 Months

During the January-November period, the country saw over 147,200 new enterprises set up with a total registered capital of over 1.45 quadrillion Vietnamese dong (57.1 billion U.S. dollars), a reduction of 0.5 percent in the number of enterprises while the registered capital is relatively equal to that of the same period last year.

The average registered capital of a newly established enterprise during the cited period reached 9.9 billion dong (0.39 million dollars), an increase of 0.5 percent compared to the same period in 2023, said GSO.

New firms in the service sector increased by 0.2 percent while those in the agriculture, forestry and fishery sector declined by 8.6 percent and the industry and construction down 2.6 percent.

Nearly 71,300 enterprises resumed their operations in 11 months, an increase of 28.5 percent year on year. 

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