These new companies were expected to create 734,000 jobs, down 10% against the same period in 2017.
The total capital poured into the Vietnamese economy would be VND2.5 quadrillion (US$107.5 billion), if an additional VND1.6 quadrillion that has been pledged by existing enterprises were taken into account.
The first eight months of 2018 also saw 20,942 enterprises return to business, up 9.3% compared with the same period last year.
Meanwhile, the number of enterprises completing dissolution procedures in the past eight months was 9,135, of which more than 91% have a capital size of less than VND10 billion (US$430,000).