The figures represented yearly increases of 12.4% in the number of firms and 32.8% in capital, it said.

A worker is seen at an electronics factory in Ho Chi Minh City.

During the period, nearly 18,970 enterprises resumed their operations, rising 4.4% over the same period last year. The latest addition pushed the total number of newly-established businesses and firms resuming operations to 41,097, up 8.5% year on year.

In February alone, however, there were more than 8,590 new enterprises with total registered capital of VND67.26 billion, down 3% and up 2.5% respectively.

Over 49,270 businesses temporarily suspended operations from January to February, a yearly hike of 27%. However, 44,265 or 89.8% of the total were small-sized with a scale under VND10 billion.

Last year, nearly 160,000 new enterprises were set up in the country, up 7.2% year-on-year. This highest-ever figure was 1.2 times higher than the average of the 2017-22 period, surging 4.6% compared to the estimate for the year.

Samsung Vietnam Company gives scholarships to 200 VKTech’s students

BAC GIANG- Samsung Display Vietnam Company Limited in Yen Phong industrial park, Bac Ninh province on October 16 collaborated with Vietnam-Korea College of Technology (VKTech) to present 200 scholarships to outstanding students of the College, each worth 5 million VND (203 USD).

Saigon Railway Company offers over 20,000 tickets for Lunar New Year holiday

On October 12, the Saigon Railway Transport JSC announced it will offer 20,000 tickets for the upcoming Lunar New Year Festival (Tet) 2024, the longest and most important traditional festival in Vietnam.

Party, State, Government always accompany education sector: PM

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ADB commits to accompanying Vietnam's development: country director

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LG, Samsung leaders accompany president Yoon in Vietnam visit

Leaders of 205 Korean firms, including Samsung Electronics, SK, Hyundai Motor, LG, and Lotte, are accompanying President Yoon Suk Yeol during a state visit to Vietnam.

Source: VnExpress