PANO - According to the Ministry of Investment and Planning, good State management and performance of the Government, ministries, sectors, and localities over the past years has improved the country’s business and investment environment, which has backed businesses in overcoming difficulties and promoting their growth.

(Photo for illustration. Vneconomy.vn)

The Ministry said that in 2015, 94,754 businesses were set up throughout the country with registered capital totaling VND 601,500 billion, an increase of 26.6 per cent in the number of newly founded businesses and 39.1 per cent in registered capital in comparison to 2014.

Additionally, operating businesses added VND 851 billion to their registered capital in 2015, bringing of the total registered capital in 2015 to VND 1.452 trillion. Each business registered an average capital of VND 6.3 billion, an increase of 9.9 per cent compared to last year.

Over the past year, 21,506 businesses nationwide resumed their operations, an increase of 39.5 per cent in comparison to 2014.

Translated by Trung Thanh