Nearly 51,400 firms exit market in Jan-Feb
HCMC – Nearly 51,400 businesses have pulled out of the market in the year to date, up 14.5% year-on-year,
The new market entrants registered to employ 74,000 workers, falling by 3.4% over the same period in 2021.
In particular, the number of newly-established firms in November in the Red River Delta rose by 8.4% over a year ago.
Meanwhile, the southeastern region had a slight increase of 2.4%.
Between January and November, 137,764 new businesses were established, while 56,935 resumed operations after a hiatus.
Still, some 132,000 enterprises had pulled out of the market in the year to November, with 70,000 firms suspending operations.
The rest halted their operations pending dissolution or completion of procedures for disbandment.