81.3 thousand businesses registered for new establishment and returned to operation

According to the General Statistics Office, in the first four months of 2024, the whole country had 81,300 newly registered private enterprises and those returning to operation, an increase of 3% over the same period last year.

Electronic components production at Katolec Vietnam Co., Ltd. (Quang Minh Industrial Park, Hanoi). Photo: Nhat Nam

On average, 20.3 thousand new businesses are established and resume operations each month.

Meanwhile, the number of enterprises withdrawing from the market in the first 4 months of 2024 was 86.4 thousand units, an increase of 12.2% over the same period in 2023. Thus, on average, 21.6 thousand enterprises withdrew from the market per month.

The above reality shows that the start-up situation still faces many difficulties, challenges and disadvantages, mainly due to the lack of output markets, capital and technology limitations, as well as increasing demands from importers. In the domestic market, in general, purchasing power is still quite quiet...

Meanwhile, the total foreign investment capital registered in Vietnam since the beginning of 2024 (including newly registered capital, adjusted registered capital and capital contribution and share purchase value of foreign investors) reached nearly 9.27 billion USD, up 4.5% over the same period last year. Foreign direct investment realized in Vietnam in the first 4 months is estimated at 6.28 billion USD, up 7.4% over the same period.

On the contrary, in the first 4 months of 2024, Vietnam had 36 foreign investment projects newly granted certificates, with a total capital of 98.3 million USD, down 29.8% over the same period last year.

There were 3 projects with increased capital of 580 thousand USD, down 95.7%. In total, Vietnam's total investment capital abroad (newly granted and adjusted capital) reached 98.9 million USD, down 35.6% compared to the same period last year.

Dieu Linh (according to hanoimoi.vn)

Source: https://baovinhphuc.com.vn/tin-tuc/Id/110316/813-nghin-doanh-nghiep-dang-ky-thanh-lap-moi-va-quay-tro-lai-hoat-dong