16,000 firms suspend operations in two months of 2015

14:49 | 05/03/2015 Trade

More than 2,055 firms had completed procedures to dissolve their companies and 14,040 firms suspended operations in the past two months of 2015, signifying respective increases of 8.7% and 25% compared to the same period last year, according to newswire dddn.com.vn.

16,000 firms suspend operations in two months of 2015

Remarkably, 9,515 units of the group above are limited liability companies; 2,292 units are joint stock companies and 2,233 units are private businesses.

Most of the above businesses having difficulty in their operations are small-scale businesses with total capitals under VND10 billion (US$468 million).

However, in the first two months of 2015, 4,376 firms restarted operations, resulting in a 20.2% on year. A number of outstanding activities having spectacular returns are education (up 39.5%; mining (up 46.3%); real estate business (up 52.8%) and finance, banking and insurance (up 115.8%).

Furthermore, the number of newly-established businesses are 13,766 with a total aggregate capital of VND77.5 trillion (US$3.6 billion), a 26.6% in terms of numbers and 23.3% in terms of capital compared to the same period in 2014.

Source VOV News

Theo ven.vn