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VietNamNews

Rate of new enterprises decreases in January

Update: February, 13/2012 - 09:59

HA NOI — Only 4,117 enterprises were set up in January, with registered capital of VND18.2 trillion (US$866.6 million), down 36 per cent in volume and 56 per cent in value against the same period last year, according to the Ministry of Planning and Investment.

The ministry attributed the decrease to challenges businesses face due to the economic difficulties and tightened financial policies to control inflation, hindering businesses from mobilising capital.-VNS

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