Newly-established firms record sharp rise in August

VOV.VN - A sharp rise was recorded in terms of the number of newly-established firms in August, according to figures given by the General Statistics Office (GSO).

August recorded over 14,000 new enterprises set up, marking a rise of 2.3% from the previous month and 17.9% on-year. 

Furthermore, nearly 6,300 businesses resumed operation in August, a decline of 10.9% against July and 3.1% against the same period from last year. A total of 5,216 firms nationwide withdrew from the market in August alone, reducing by 0.8% compared to July, but rising by 17.1% on-year.

The agency reported that during the January to August period the combined number of newly-established firms and enterprises returning to the market stood at more than 149,400, the highest figure recorded so far.

On average, there were 18,700 new businesses and enterprises resuming operation each month. 

Since the beginning of the year, a total of 124,700 firms have left the market, up 15.6% over last year, with 15,600 businesses withdrawing from the market each month.

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