Affected By The Outbreak, Vietnam'S Business Has Increased By Nearly 40%.

According to statistics from the Ministry of investment and planning of Vietnam, 29200 of the companies in this (2020) 6 months ago suspended operations, an increase of about 38.2% over the same period last year. About 19600 companies are not only closed but waiting for the dissolution process, but this figure is down by about 10.2% compared with the same period in 2019.

The Ministry of planning and investment pointed out that Vietnam was gradually narrowing down various social activities and was strengthened in April from the beginning of the new crown pneumonia outbreak. The social and economic activities in Vietnam are gradually recovering after the "social isolation" measures have been lifted for nearly two months.

According to statistics, in June 2020, the number of newly established enterprises in Vietnam was 13700, with a registered capital of 139 trillion and 100 billion Vietnamese Dong (about 6 million US dollars). The number of new entrepreneurs increased by 27.9% compared with May, and total capital increased by 23.4% from last month.

In the first half of 2020, there were more than 6.2 registered enterprises in China, with a total registered capital of 697 trillion and 100 billion Dong Dong (about 30 million US dollars), the number of enterprises decreased by 7.3%, and the registered capital decreased by about 19%.

In June 2020, the average registered capital of new Vietnamese companies was estimated to be 11 billion 200 million Vietnamese Dong, which was 12.5% lower than the same period last year.

On the other hand, about 2.52 companies applied for re employment, an increase of 16.4% over the same period in 2019. The total number of newly established enterprises and business resumed businesses in the first half of 2020 amounted to 8.72, but still 1.5% less than that in the same period in 2019.