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A mysterious company has just registered to establish with a capital of 144,000 billion dong, bigger than Viettel, equivalent to the total capital of the four largest banks.

The total number of enterprises joining and re-joining the market in January 2020 was 16,746 enterprises (down 9.7% compared to the same period of 2019), including: 8,267 newly established enterprises (down 17.9%) and 8,470 businesses returned to operation (up 0.1%).

Situation of newly established enterprises

– General situation:

In January 2020, the number of newly established enterprises decreased while the registered capital increased and reached the highest level compared to the same period of previous years. Specifically, the whole country had 8,276 newly established enterprises with a registered capital of 267,178 billion VND, a decrease of 17.9% in the number of enterprises, an increase of 76.8% in the registered capital compared to the same period in 2019 (the number of The number of enterprises registered for establishment in January 2020 decreased sharply due to the time adjacent to the Lunar New Year of the Rat.

The average registered capital per newly established enterprise in January 2020 reached 32.3 billion VND, an increase of 115.3% compared to the same period in 2019. The reason for the sudden increase in registered capital is in the month. 01/2020 has a registered business established in Hanoi with a capital of 144,000 billion VND, accounting for 53.9% of the total newly registered capital of enterprises nationwide.

The total number of registered employees of newly established enterprises in January 2020 was 84,458 employees, down 21.7% compared to the same period in 2019.

The total registered capital added to the economy in January 2020 was VND 501,384 billion (down 21.1% compared to the same period in 2019), including: the registered capital of newly registered enterprises is 267,178 billion dong (up 76.8%) and the additional registered capital of businesses was 234,206 billion dong (down 51.6%) with 3,652 enterprises registering to raise capital.

– Classified by activities:

In January 2020, there were 147 newly established enterprises in the Agriculture, Forestry and Fishery sector (accounting for 1.8%) with a total registered capital of VND 2,437 billion (accounting for 0.9%), decreasing 23.8% of the capital as compared to the same period in 2019; There are 2,413 enterprises in Industry and Construction sector [1] (accounting for 29.2%) with a total registered capital of VND 44,859 billion (accounting for 16.8%), down 10.6% in the number of businesses, increasing by 0.1% in capital; there are 5,716 enterprises in the Service sector (accounting for 69.1%) with a total registered capital of VND 219,882 billion (accounting for 82.3%), down 21.0% in the number of enterprises, up 110.8% in capital amount.

The number of newly established enterprises still concentrated mainly in the fields of: Wholesale; retail; repairing cars and motorbikes with 2,038 enterprises (accounting for 24.6%) and the registered capital of VND 17,377 billion (accounting for 6.5%); followed by manufacturing and processing industry with 1,216 enterprises (accounting for 14.7%) with the registered capital of VND 15,576 billion (accounting for 5.8%); Construction industry has 1,065 enterprises (accounting for 12.9%) with the registered capital of VND 25,927 billion (accounting for 9.7%).

There are 05 main business lines with the number of newly established enterprises increasing over the same period in 2019: Producing, distributing electricity, water and gas (up 8.6%); Information and communication (up 8.0%); Science and technology; consulting and design services; advertising and other expertise (up 4.6%); Education and training (up 2.0%) and Accommodation and Food Services (up 0.2%).

There are 12 industries whose number of newly established enterprises decreased compared to the same period in 2019, of which the sectors with the highest reduction rates were wholesale, retail, repair of cars and motorcycles (down 38.6%). ); Mining (down 32.6%); Health and social assistance activities (down 23.9%). In particular, employment services sectors; travel; machinery, equipment, and other support services; Arts, fun and entertainment; Warehousing, transportation and social assistance activities need special attention due to the decrease in the number of enterprises and registered capital.

There is one industry that has not changed in terms of quantity but increased in registered capital as Agriculture, Forestry and Fishery (up 23.8%).

In particular, the Finance, Banking and Insurance industries had a sudden increase in the registered capital (up 914.0%) but decreased in the number of businesses (down 15.7%).

According to the Department of Business Registration

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