According to the General Statistics Office, there were more than 13,000 newly-established enterprises in July, down 0.7 per cent compared to June but up 50.7 per cent year-on-year. At the same time, 2,300 businesses returned to operations, up 3.2 per cent over June.
Data for the second quarter and first half of 2022 from the General Statistics Office shows that the number of newly-registered enterprises and those returning to operations neared 117,000 in the first half of the year, a 25.4 per cent increase compared to the same period of 2021. This is the first time the number of newly-established enterprises in the first half of a year has exceeded 100,000.