Nearly 26,500 enterprises formed in first quarter

Wednesday, 29/03/2017 19:16
The enterprise establishment registration situation in March 2017 hit a record high within the past six years, according to the Enterprise Development Agency under the Ministry of Planning and Investment.

 

Photo for illustration. (Source: dantri.com.vn)

Specifically, this month, the country saw 12,027 enterprises established, bringing the figure for the first quarter of the year to 26,478 with a registered capital of VND271.2 trillion. These figures represent increases of 11.4% in number of enterprise and 45.8% in capital over a year earlier.

In addition, ongoing enterprises registered an additional capital of 325.4 trillion, helping the total capital to the economy in the first quarter hit more than VND596 trillion, a year-on-year increase of 8%.

During the period, 9,271 enterprises recovered their operation, a two-fold rise compared to the first quarter of 2014.

According to the Enterprise Development Agency, among more than 110,000 enterprises registering business in 2016, more than 90% enumerated and paid taxes.

This quarter also saw 9,942 enterprises suspending their operation in the first quarter; 10,700 enterprises finalizing procedures for dissolution. Most of them are small-scale enterprises./.

BTA

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