Average registered capital of a firm was VND 12.5 billion (USD 537.5 million), a rise of 25 percent over the same period last year, reported the office.

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The total number of employees working in the new companies is 440,100, a year on year increase of 35.2 percent.

The new companies’ registered capital helped raise the total new investment poured into the economy in the period to VND 1.41 trillion (USD 60.8 billion), which included VND 872 trillion (USD 37.49 billion) added into the operating companies.

Up to 17,463 companies resumed their operations in the period, up 52.6 percent against the same time last year, raising the total number of operating firms to nearly 60,800.

Source: VNA