In November alone, the country counted 11,943 new enterprises with a total registered capital of 104.49 trillion VND (over 4.27 billion USD) and 73,988 labourers.

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The figures represented a 0.3% increase in the number of firms, and decreases of 30.3% in capital and 3.4% in workforce compared with the same period last year.

Meanwhile, as many as 6,267 enterprises resumed their operation in the month, up 26.4% year-on-year.

On the opposite side, there were 132,339 enterprises withdrawing from the market in the last 11 months, an increase of 24.3% year-on-year.

A total of 70,220 enterprises temporarily ceased operations, a yearly hike of 34.8%. Another 45,271 were in the dissolution process, and 16,848 completed dissolution procedures, year-on-year rises of 14.7% and 13.3%, respectively.

The agency said the total registered capital of enterprises tends to decrease, and the average amount of registered capital of newly-established firms is expected not to rise in the remaining months of this year.

In January – November, the total registered capital added to the economy rose by 21.5% over the same period in 2021, it noted.

To support businesses, General Director of the General Statistics Office (GSO) Nguyen Thi Huong urged ministries and sectors to ensure adequate supply of raw materials and energy to meet the demand for production and business recovery and socio-economic development; and work hard to remove difficulties and obstacles for important industrial projects.

She also underlined the need to strengthen support for export enterprises to effectively respond to trade remedies, saying that the work plays an important role in maintaining and expanding Vietnam’s export markets.

Crystal Martin Vietnam honored as outstanding business for labour

(BGO) – The Vietnam General Confederation of Labour has cooperated with the Ministry of Labour, Invalids and Social Affairs, Vietnam Chamber of Commerce and Industry to honor 62 “Outstanding business for the labour in 2022” in Hanoi, including Crystal Martin Vietnam Company Limited in Quang Chau industrial park, Viet Yen district (Bac Giang province).

150 businesses to join survey and talkshow about tourism introduction

(BGO) – The Department of Culture, Sports and Tourism (DCST) in Bac Giang province has cooperated with Luc Ngan district People’s Committee to organize survey and talkshow to introduce tourism product from November 24 – 27, 2022 within the framework of “Sweet fruit season tour” launched by the DCST.

Bac Giang holds dialogues with businesses to improve DDCI

(BGO) - The improvement of the District and Department Competitiveness Index (DDCI) is an important solution to create an open investment and business environment, contributing to improving the Provincial Competitiveness Index. Being well aware of that, departments, agencies and localities in Bac Giang province have actively implemented solutions to improve this index, with priority given to holding direct dialogues with businesses to solve their difficulties, thus winning their satisfaction.

Bac Giang becomes destination for top leading businesses worldwide

(BGO) – With proper policy and drastic action, Bac Giang has achieved a lot of results in socio-economic development. From a bottom rank locality, now the province enters the top leading provinces and cities in economic growth rate and industrial development with proud and prominent targets.

1,279 new businesses established in Bac Giang

(BGO) – Since early this year, 1,279 new businesses have been established in Bac Giang province, up 25 percent year on year, reported the provincial Department of Planning and Investment.

Source: VNA