More than 43,300 new firms set up so far this year

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.