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Nearly 12,000 firms established in November

HCMC – November saw 11,943 new enterprises established nationwide with total pledged capital of VND104.49 trillion, rising by 0.3% in number but down 30.3% in capital year-on-year, according to the General Statistics Office.

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.

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