Over 110,000 enterprises formed in 10 months 

Average registered capital per new enterprise was VND14.3 billion, up 14.4%.

If regarding increased capital of ongoing enterprises, the total capital added to the economy in the 10 months is estimated at VND3.9 quadrillion, a year-on-year rise of 17%. 

Specifically, 32,600 operating enterprises registered to increase their capital by more than 2,298 trillion VND in total.

During the ten-month period, 37,700 companies resumed operations, up 8.2% year-on-year. There were also nearly 41,800 businesses temporarily suspending operations, nearly 30,300 firms waiting for dissolution procedures, and 13,500 companies completing dissolution procedures, up 58.7%, down 12.4 percent, and up 0.1%, respectively.

In October, the business registration situation saw improvements compared to September. The number of newly-established enterprises increased by 18.4% and the number of enterprises recovering business also rose 10.4%. 

Accordingly, the country records 12,200 newly-established enterprises this month with a total registered capital of VND165.6 trillion and 72,400 workers. Average registered capital per new enterprise was VND13.6 billion.

Some 8,600 firms withdrew from the market each month on average./.

BTA