Accordingly, in April, there were 14,854 newly established enterprises with registered capital of VND167 trillion (US$7.1 billion), up 19% in number and 30.3% in registered capital compared with the previous month. The average registered capital of an enterprise reached VND11.2 billion (US$482,000), up 27.3%.

Most sectors witnessed an increase in the number of newly-established businesses in the first four months of 2019 compared to the same period last year.

Also in the month, 2,714 enterprises resumed operations, down 44.4% over the previous month, while 2,495 registered to suspend their business operations for a definite time, up 81.7%, 1,904 enterprises ceased operations to wait for dissolution procedures, up 1.2%, plus 1,189 others completed dissolution procedures, up 23.9%.

For the first four months this year, there were 43,305 newly established enterprises with a total registered capital of VND542.4 trillion, increasing by 4.9% in number of enterprises and up 31.7% in capital compared to the same period in 2018.

The average registered capital of a newly established enterprise reached VND12.5 billion, an increase of 25%. If including VND872 trillion of additional registered capital by enterprises changing capital, the total additional registered capital to the economy in the period was up to over VND1.4 quadrillion.

There were 17,463 enterprises returning to operations in that period, up 52.6% compared to the same period last year, bringing the total number of newly registered enterprises and those returning to operations in the first four months this year up to nearly 60,800.

Meanwhile, the number of enterprises suspending their business for a definite period during Jan-Apr was 16,984, an increase of 19.7% over the same period last year. There were also 5,305 enterprises completing dissolution procedures, up 12.9%, of which 4,793 had capital below VND10 billion, up 11 6%.

'Hai Phuong' established as highest-grossing film of Vietnamese cinema

“Hai Phuong” (Furie), an action movie by director Le Van Kiet starring actress Ngo Thanh Van, has become the highest-grossing film in Vietnam so far as it has earned more than VND200 billion after its premiere four weeks ago.

 

Over 8,000 enterprises established in Bac Giang province

(BGO) – The Department of Planning and Investment (DoPI) in the northern province of Bac Giang has reported issuing the certificates of new establishment to 73 enterprises with a total registered capital of over 610 billion VND (26.3 million USD) in January that was equal to the figure last year. 

 

Newly-established enterprises up in 2018

The total number of newly-established enterprises in 2018 was 131,275 with total registered capital of 1.5 quadrillion VND (64.5 billion VND), up 3.5 percent and 14.1 percent, respectively, against last year.

 

Over 1,200 new enterprises established

(BGO) – According to the Department of Planning and Investment in the northern province of Bac Giang, 141 new enterprises registered to establish in December, making the total number of newly established businesses up to over 1,200 with a total registered capital of 9.6 trillion VND (over 412 million USD). 

 

National committee established to prepare for ASEAN Chairmanship

Prime Minister Nguyen Xuan Phuc recently signed a decision on the establishment of a national committee tasked with making preparations for Vietnam to shoulder the ASEAN Chairmanship in 2020.

 

Source: NDO