Registered capital of the new enterprises declined 2.2 percent year on year to over 761 trillion Vietnamese dong (32.8 billion U.S. dollars), said the office.
Compared to the same period last year, the number of newly established firms rose 5.9 percent in the industry and construction sector, 15.8 percent in the services sector, and 2.4 percent in the agriculture, forestry and fishery sector.
Between January and May, over 35,600 firms which previously ceased operations due to difficulties resumed their activities, surging 57.8 percent year on year. However, in the same period, about 14,400 firms were estimated to withdraw from the market each month, according to the office.
Last year, Vietnam saw 116,800 enterprises established with a total registered capital of over 1,611 trillion Vietnamese dong (about 70 billion U.S. dollars), down 13.4 percent in number and 27.9 percent in capital against 2020.
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