Over 29,000 new businesses established in HCMC this year

From early 2017 to September 15, 29,416 businesses have been established in HCMC with the total capital of VND389,903 billion ($17.16 million).

Staff of a business in HCMC introduce products to consumers (Photo: SGGP)

Staff of a business in HCMC introduce products to consumers (Photo: SGGP)

That was a year on year increase of 13.2 percent in the number of businesses and 83.8 percent in registered capital.

Registered capital per company reached VND13.3 billion, up 62.3 percent over the same period last year.
Representatives of district people’s committees said that in the last three months this year, they will continue mobilizing business households to transfer into businesses, popularize the Enterprise Law and relevant regulations for the households to clearly understand and set their minds at rest to transfer.

By NHA LINH – Translated by Hai Mien

Other news

Most view

Pig price goes up as traders snap up

Pig price goes up as traders snap up

A leader of the Department of Animal Health in the southern province of Dong Nai July 19 said price of pig in the province went up within three days as traders snapped up for selling in the North.


VNPT & SeABank cooperate to enhance connections

The Vietnam Posts and Telecommunications Group (VNPT) and SeABank just co-signed cooperation agreement, aiming to develop the two sides’ economic, business and investment potential.


185 leading domestic & in't enterprises join in VN ETE 2018

The Vietnam Exhibition of Electrical Technology and Equipment (Vietnam ETE 2018) and the Exhibition of Products, Technologies for Energy Saving and Green Power (ENERTEC EXPO 2018) yesterday kicked off in HCMC’s Saigon Exhibition Convention Center in district 7.

Self - introduction

VNPT targets to be leading digital service provider in Vietnam

The grand opening ceremony of the VNPT-Information Technology Company (VNPT-IT), a new member of the Vietnam Posts and Telecommunications Group (VNPT), was held yesterday in Hanoi. With thousands of IT engineers and the focus on developing state-of-the-art technological products related to Artificial Intelligence (AI), Bigdata, and Blockchain, the new company is considered the main force to help VNPT fulfill the goal of becoming a leading digital service provider in Vietnam and an important Digital Hub of the neighborhood as well as the world.

Stock market

SAS profits VND 118bln

The Southern Airports Service Joint Stock Company (Sasco) which is listed under code SAS on the Unlisted Public Company Market (UPCoM), announced its second quarter’s financial report with net revenue at VND 634.5billion, an increase of 14 percent compared to last year.