Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Investment

New firms grow 21.9 pct in Vietnam in January

February 04, 2021


Abstract : Nearly 10,100 enterprises were established in Vietnam in January this year, posting a surge of 21.9 percent year-on-year, according to the country's General Statistics Office on Thursday.

HANOI, Feb. 4 (Xinhua) -- Nearly 10,100 enterprises were established in Vietnam in January this year, posting a surge of 21.9 percent year-on-year, according to the country's General Statistics Office on Thursday.

The registered capital of the new enterprises totaled roughly 155.1 trillion Vietnamese dong (6.7 billion U.S. dollars), up 25.9 percent year-on-year, said the office.

Business registration in the first month of 2021 showed many good signs when newly established enterprises increased in both quantity and registered capital, which was seen in almost all areas of operation compared to the same period last year, the office noted.

New firms in the agriculture, forestry and fishery sector grew 18.4 percent, while those in industry and construction expanded 13.8 percent and the services sector up 25.5 percent.

In January, more than 6,500 firms, which previously temporarily ceased operations due to difficulties, resumed their activities, posting a decrease of 23.2 percent. Meanwhile, nearly 2,100 enterprises were dissolved, up 29.2 percent.

Last year, Vietnam saw some 134,900 enterprises established with total registered capital of over 2,235.6 trillion Vietnamese dong (97.2 billion U.S. dollars), down 2.3 percent in quantity and up 29.2 percent in capital against 2019. Enditem

Scan the QR code and push it to your mobile phone

Keyword: Vietnam new firms

Reading:

Chinese conventional carmakers join hands with tech giants to inaugurate new development pattern

Interview: China's Q1 GDP likely to log double-digit growth

Chinese FM meets Lao counterpart via video link

China to deepen reforms in pilot FTZs: MOC

Economic Watch: How will China's exports sustain growth momentum in 2021?

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial