Over 8,000 firms newly established in February

The number of newly established enterprises in February was 8,038, down 12.3% year on year, with a total registered capital of VND179.737 trillion (nearly US$7.8 billion), up 85.6%.

The number of newly established enterprises in February was 8,038.
The number of newly established enterprises in February was 8,038.

Such enterprises are expected to hire about nearly 57,000 workers, down 22.1% compared with the same period in 2020.

The first two months of 2021 saw the new establishment of over 18,000 firms, down 4% year on year, with a total number of registered workers of 173,000. The number of enterprises resuming operations was 11,033 (down 7.6%).

Additional registered capital in the economy was estimated to have reached over VND720.4 trillion (over US$31.2 billion) in the first two months of this year, up 12.4%.

The average capital of new companies was VND18.5 billion (over US$801,621), up 46.4%.