Businesses resume operations en masse in January

By Phuong Dong January 31, 2022 | 06:20 pm PT

Shops in HCMC reopened early October 2021. Photo by VnExpress/Quynh Tran

Nearly 19,100 enterprises resumed operations in January after months of closure, up 353 percent over the previous month, the General Statistics Office said.

"The number of enterprises resuming operations increased considerably in all fields. This was an encouraging sign," it said.

After Vietnam eased coronavirus curbs, more socioeconomic activities have resumed, reviving the inactive businesses, said experts.

Besides, some 13,000 businesses with total registered capital of more than VND192 trillion (US$8.3 billion) were incorporated during the month.

Of them over 2,250 have been set up in Hanoi and 2,000 in HCMC. The latter’s average registered capital tripled from a year earlier.

However, in January some 38,400 businesses exited the market, the highest ever monthly number and nearly three times up month-on-month.