However, the GOS reported an increase of 3.3 percent of average registered capital as it reached VND 9.5million in each enterprise.
In the first five months of this year, some 65,600 enterprises resumed operations and registered newly establishment.
Newly established enterprises focus on the sectors of retail trading, repair of cars and motorcycles (accounting for 33.9 percent); construction (13.6 percent); processing industry and mechanical manufacturing (12.4 percent)…
Some 33,399 enterprises ceased operations, increasing 3.9 percent compared to the same period last year while 5,533 others completed dissolution procedures.