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Newly established firms grow at fastest pace since 2017 | Business

Wednesday, April 07, 2021 09:11 Vietnam saw nearly 44,200 new firms set up in the first four months of 2021, up 17.5 percent year on year (Photo: VNA) Hanoi (VNA) – The number of new enterprises established in the first four months of 2021 rose 17.5 percent from a year earlier, the fastest growth since 2017, and it increased in all economic sectors, according to the Between January and April, nearly 44,200 new firms were set up with 627.7 trillion VND (27.2 billion USD) worth of capital and 340,300 employees registered, up 17.5 percent, 41 percent, and 7.8 percent, respectively, from the same period last year. The registered capital averaged 14.2 billion VND per business, rising 20 percent year on year.

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