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In November 2023, the number of newly registered enterprises increased by 3.5%

Việt NamViệt Nam05/12/2023

According to the Ministry of Planning and Investment , in the 11 months of 2023, the number of enterprises entering and re-entering the market reached 201,529, an increase of 3.5% over the same period in 2022.

 

Specifically, the number of newly established enterprises was 146,044. However, the total additional registered capital was VND 3.15 million billion, down 29.4% compared to the same period in 2022. Of which, the newly registered capital was VND 1.36 million billion. The additional registered capital of operating enterprises reached VND 1.78 million billion.

 

Newly established enterprises are mostly small-scale (from 0-10 billion VND) with 132,569 enterprises (accounting for 90.8%, up 7.2% over the same period in 2022), operating mainly in the service sector (109,688 enterprises, accounting for 75.1%), the industry and construction sector (34,735 enterprises, accounting for 23.8%) and the agriculture , forestry and fishery sector (1,621 enterprises, accounting for 1.1%).

 

Besides, in 11 months, the whole country had 55,485 enterprises returning to operation, 158,763 enterprises withdrawing from the market.

 

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