Business ‌Establishment and Operation Trends in‌ the ​First Eight Months

The average registered capital for newly established enterprises in the month reached VND9.3 billion, a‍ 24.4% increase​ from the previous month and a⁤ 3.9% decrease from the same period last year. Additionally, nearly 8,500 enterprises resumed operations, marking a 12.7% increase from the previous month ‌and a 35.6% increase from‌ the same‌ period in 2023.

In the first eight months, the​ economy saw the establishment of nearly ⁣110,800 new enterprises, with a total capital of VND 994.7 trillion and a total​ of over 672,400 registered‍ employees. This represents a 4.4% increase in the number of enterprises, a 0.7% increase ‌in ​total capital, and a 1.9% ⁢decrease in the number of registered employees compared‌ to the same period last year. Furthermore, the total registered‌ capital ⁣added to the​ economy was over VND 2,041 trillion, a 5.1% decrease from the same period in 2023. The country also witnessed the return of ⁤over 57,300 enterprises to operation, a 25.3% increase from the same period in 2023,⁢ bringing the ‌total ‌number of⁢ newly established and returning enterprises in​ the first eight months to nearly 168,000, a 12.5% increase from the same period last year. This ⁢translates to an average of​ over 21,000 newly established​ and‌ returning enterprises per month.

By industry, the agriculture, forestry,​ and fishery ⁣sector saw the establishment of 1,090 new enterprises, a 3.7% decrease from the same period last year. The ​industry and construction sector had 25,700 new ⁣enterprises, ‍a 1.4% increase, ​while the service sector had nearly 84,000 new enterprises, a 5.5% increase.

The economy also saw the departure⁤ of 5,334 enterprises⁢ that⁣ temporarily suspended business, a 1.6% decrease from the ⁢previous month ‍and‍ a 3.0% increase from ⁤the same period in 2023. Additionally, 5,160 ⁤enterprises temporarily ‍suspended operations pending dissolution procedures, ⁣a ​4.5% decrease and a 1.1% decrease, while 1,927‍ enterprises completed dissolution ​procedures, an 11.4% increase and a 26.0%⁤ increase.

In the first eight ⁣months, over 82,800 enterprises ​temporarily suspended business, a 15.3% increase from the same period last year. Meanwhile, ⁤38,700 enterprises temporarily suspended ⁤operations pending dissolution procedures, a 5.8% decrease, and 13,800 enterprises completed⁤ dissolution‍ procedures, an 18%⁤ increase. This averages out to 16,900 enterprises ‍withdrawing from the market per​ month.