According to figures from the General Statistics Office, more than 15,400 new enterprises were established nationwide in October, with registered capital of VND125.8 trillion ($5.12 billion), and created 131,600 new jobs, increases of 21.7 per cent, 7.4 per cent, and 64.3 per cent, respectively, against September.
Meanwhile, the number of enterprises returning to operations in October stood at 5,600, down 3.1 per cent against September but a year-on-year increase of 44.2 per cent.
Figures for the first ten months of the year put newly-established enterprises at 131,800, with registered capital of VND1.212 quadrillion ($49 billion), and 880,000 jobs created, a year-on-year increase of 4.7 per cent, a decline of 12.1 per cent, and an increase of 5.4 per cent, respectively.
Average registered capital at each newly-established enterprise in the first ten months stood at VND9.2 billion ($374,380), a year-on-year decline of 16.1 per cent.
Total registered capital poured into the economy by enterprises in the first ten months stood at over VND2.861 quadrillion ($116.4 billion), a year-on-year decline of 31.4 per cent. Of this, additional capital from registered enterprises was nearly VND1.649 quadrillion ($67.1 billion), a year-on-year fall of 41 per cent.
The number of enterprises returning to operations in the ten-month period reached 51,900, down 1.5 per cent against the same period last year and bringing the total number of enterprises entering or re-entering the market in the period to 183,600, up 2.9 per cent against the same period last year.
Meanwhile, in October alone, the number of enterprises ceasing operations for a definite period totaled 5,501, an increase of 33.4 per cent against September and 35.6 per cent year-on-year. The number of enterprises suspending operations while waiting to complete dissolution procedures reached 4,898, a decline of 7.1 per cent against September and a 16.6 per cent increase year-on-year, while the number of enterprises completing dissolution procedures totaled 1,501, an increase of 4.2 per cent against September and a decline of 6.3 per cent year-on-year.
Cumulative figures for the first ten months show that the number of enterprises ceasing operations for a definite period reached 81,000, a year-on-year increase of 22.1 per cent, while the number of enterprises suspending operations waiting to complete dissolution procedures totaled 50,700, an increase of 25.9 per cent year-on-year, and the number of enterprises that completed dissolution procedures reached 14,700, down 4.5 per cent against the same period last year.
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