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|More than 43,000 new enterprises were set up in the first four months of 2019 with a total of VND542.4 trillion in charter capital. -VNA Photo|
The average registered capital of a new firm was VND12.5 billion ($537.5 million), a rise of 25 per cent, reported the office.
The total number of employees working in the new companies was 440,100, a year-on-year increase of 35.2 per cent.
The new companies’ registered capital helped raise the total new investment poured into the economy in the period to VND1.41 trillion ($60.8 billion), which included VND872 trillion ($37.5 billion) added into operating companies.
Up to 17,463 companies resumed operations in the period, up 52.6 per cent against the same time last year.