ZCZC
BCN-12
VIETNAM-FIRM-MANUFACTURING
Vietnam’s firm establishment up 3.5 pct in 2018
HANOI, Dec. 29, 2018 (BSS/Xinhua) – Up to 131,275 enterprises with total
registered capital of over 1,478 trillion Vietnamese dong (nearly 64.3
billion U.S. dollars) were set up in Vietnam in 2018, up 3.5 percent in
quantity and 14.1 percent in capital from last year.
Of the new firms, 35.3 percent involved in wholesales and retails, 12.9
percent in construction, 12.3 percent in manufacturing and processing
industries, 7.6 percent in science, technology and consulting services, among
others, according to Vietnam’s General Statistics Office on Friday.
This year, 34,010 firms, which had temporarily ceased operations due to
different difficulties, resumed their activities, up 28.6 percent from 2017.
Meanwhile, 16,134 enterprises were dissolved, up 34.7 percent. Of the
dissolved businesses, 91.2 percent had capital of below 10 billion Vietnamese
dong (435,000 U.S. dollars).
BSS/XINHUA/HR/1400