Every month, more than 20,500 new businesses are established.

According to the socio -economic report for February 2024 from the General Statistics Office, nearly 8,600 new businesses were established nationwide in February this year, a decrease of 36.5% compared to the previous month and a decrease of 2.8% compared to the same period last year.

In addition, more than 5,300 businesses resumed operations; 5,146 businesses registered for temporary suspension of business; 2,153 businesses ceased operations pending dissolution procedures; and 1,506 businesses completed dissolution procedures.

In the first two months of 2024, the whole country saw 41,100 newly registered and reactivated businesses, an increase of 8.5% compared to the same period last year. On average, more than 20,500 businesses were newly established or resumed operations each month.

In the first two months of 2024, 41,100 businesses nationwide registered for new establishment or resumed operations. (Illustrative image: Government )

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Oil prices fall as transit through the Strait of Hormuz gradually recovers.Brent crude futures fell 82 cents (1.1%) to close at $77.08 a barrel, while West Texas Intermediate (WTI) crude fell 65 cents (0.9%) to $73.21 a barrel.

Over 190,000 businesses have quietly exited the market since the beginning of the year.(Dan Tri Newspaper) - In the first 10 months of the year, 190,600 businesses withdrew from the market, while another 255,900 businesses registered for new establishment or resumed operations.

The number of newly established businesses in the first five months of 2026 increased by 42.1%.The average registered capital of newly established businesses in the first five months of 2026 reached VND 11.2 billion, an increase of 16% compared to the same period last year.

The number of businesses withdrawing from the market was 63,000, an increase of 22.5% compared to the same period last year. On average, nearly 31,500 businesses withdrew from the market each month.

Regarding the import and export situation, in February 2024, the total value of goods imports and exports was estimated at 48.54 billion USD, a decrease of 25.8% compared to the previous month and a decrease of 1.8% compared to the same period last year.

Overall, in the first two months of 2024, the total value of goods exports and imports is estimated at 113.96 billion USD, an increase of 18.6% compared to the same period last year, of which exports increased by 19.2%; and imports increased by 18%.

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Gold ring prices fell by 1 million VND per tael, while SJC gold remained stable at 147 million VND.The price of gold rings decreased by 1 million VND/ounce this morning, while SJC gold bars remained unchanged and are currently trading at 144 million VND/ounce for buying and 147 million VND/ounce for selling.

Today's fuel prices (June 24): World oil prices continue to fall.World oil prices continued to fall as investors closely monitored oil shipments through the Strait of Hormuz following positive signals from peace talks between the US and Iran.

Workers sue company for over 2 billion VND in compensation, but lose due to unexpected details.Claiming that the company unilaterally terminated the employment contract illegally, the employee sued for over 2 billion VND in compensation. The results of the labor contract assessment changed the outcome.

The merchandise trade balance showed a surplus of $4.72 billion (compared to a surplus of $3.5 billion in the same period last year).

In the first two months of 2024, the US was Vietnam's largest export market with an estimated turnover of $17.4 billion. China was Vietnam's largest import market with an estimated turnover of $20.9 billion.

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Source: https://vtcnews.vn/moi-thang-hon-20-5-nghin-doanh-nghiep-moi-thanh-lap-ar855916.html