Number of new businesses in Vietnam hits record high in Q1
HANOI: The number of new businesses established in Vietnam in the first quarter of this year hit a decade high, local media reported on Thursday (April 3), reported Xinhua.

According to the General Statistic Office, 36,224 new firms were established across the country during the cited period.

Taking into account enterprises resuming operation, the number reached 59,848.

A positive sign emerged in March, when the number of newly established businesses and those resuming operation, at 17,136, exceeded 10,531 that temporarily withdrawing from the market, Vietnam News Agency reported.

The report identified small-scale enterprises, which have capital of below 10 billion Vietnamese dong (US$416,000) as the most common type of businesses exiting the market. - Bernama/Xinhua
Vietnam,new businesses,first quarter
HANOI: The number of new businesses established in Vietnam in the first quarter of this year hit a decade high, local media reported on Thursday (April 3), reported Xinhua.