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More than 29 thousand private companies in Vietnam in first quarter


More than 29 thousand private companies in Vietnam in first quarter

Hanoi, Apr 1 (Prensa Latina) From Janaury to the end of March 29, 300 private companies were created in Vietnam, with capital surpassing 19,5 billion dollars, the Ministry of Planning and Investment reported.
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Although the amount of new enterprises was somewhat lower than that in the same period last year, (1,4% less), their capital was significantly higher (27,5%) the Ministry indicated.

The capital increases to 42 billion if those incorporated by another 9,600 firms that were already in operation are added.

Another sign of recovery of the private companies as the country overcomes the impacts of the Covid-19 pandemic is the return to the productive life of 14,700 companies that were in break due to financial, operational or bureaucratic difficulties.

Vietnam aims to have 1,5 million private enterprises by 2030, fully sustainable and capable of employing 10% of workers.


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