Nearly 400 businesses newly established in the first 3 months

04/04/2019 14:57

(BNP) – As of March 15, the Department of Planning and Investment has granted new business registration certificates to 373 enterprises with a total registered capital of more than VND 6,400 billion, seeing an increase of 18% in the number of newly established enterprises and 2.4 times of registered capital year-on-year.

An illustration

Accumulated to March 15, the province has 14,457 enterprises established under the Enterprise Law with a total registered capital of VND 211.3 trillion.

According to the data of the Tax Department, as of March 21, 2019, the province has 10,303 independent enterprises and 1,096 branches of enterprises fulfilling the State budget obligations. Over nearly 3 months, the whole province has 116 enterprises (14 branches) that have closed the tax code, increasing 2.2 times higher than the same period last year, while there are 225 enterprises (12 branches) suspending production and business, increasing 1.7 times higher than the same period last year. Moreover, there are also 50 dissolved enterprises and 28 subordinate units terminating operation.

Data on the establishment and operation of enterprises in the first 3 months of the year showed that although the number of newly established enterprises increased with large registered capital, the number of enterprises closing the tax code and temporarily stopping production also climbed strongly, especially in fields of furniture, textile, paper and businesses that supply raw materials to Samsung satellite companies.