28,000 enterprises resume operation

A total of 28,000 businesses resumed operation in the first ten months this year, a year on year increase of 22 percent, according to the Government’s socioeconomic estimation.

(Illustrative photo: SGGP)

(Illustrative photo: SGGP)

In addition, the country had nealy 110,000 newly established companies with the total registered capital of VND1,116 trillion (US$47.94 billion), up 4.3 percent in the number of businesses and 9.2 percent in capital.
Export turnover was estimated to reach $200 billion, up 14 percent. Of these, domestic sector was up 16.8 percent and foreign direct investment (FDI) sector increased 13.2 percent.
FDI capital hit US$21.4 billion including $15.1 billion investment and $6.3 billion capital contribution and share purchase.

By CHE HAN – Translated by Hai Mien

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