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New firms set up in 9 months up nearly 32%

VGP - As many as 112,791 firms were established over the last nine months of 2022, a year-on-year increase of 31.9 percent, announced the Ministry of Planning and Investment.

Posts Thuy Dung

September 28, 2022 12:26 AM GMT+7
New firms set up in 9 months up nearly 32% - Ảnh 1.

Of the figure, 83,345 are service companies, making up 73.9 percent while 27,903 others operate in industry and construction, accounting for 24.7 percent.

A total number of 101,115 small-sized enterprises (with a registered capital worth under VND10 billion or US$421 million) were set up, making up 89.6 percent and up 34.9 percent against the same period last year. 

The newly-established firms created 758,124 jobs, up 16.8 percent. 

During the reviewed period, 50,509 firms resumed operations, up 56.1 percent, raising the number of newly-established and re-operated enterprises to 163,300, up 38 percent.

In the third quarter alone, the new firms doubled the number recorded in the same period last year with 36,558 ones./.