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Hanoi: Newly-established enterprises up 6% in 10 months

About 26,500 new enterprises were established in Hanoi in the first 10 months of this year, with a total registered capital of 261 trillion VND (10.6 billion USD), representing a year on year increase of 6% in the number of enterprises but a decrease of 8% in registered capital.
Hanoi: Newly-established enterprises up 6% in 10 months ảnh 1About 26,500 new enterprises were established in Hanoi in the first 10 months of this year. Illustrative image (Photo: VNA)

Hanoi (VNA) 🌃– About 26,500 new enterprises were established in Hanoi in the first 10 months of this year, with a total registered capital of 261 trillion VND (10.6 billion USD), representing a year on year increase of 6% in the number of enterprises but a decrease of 8% in registered capital.

As many as 7,600 businesses resumed their operation, down 13% compared to the same period last year. Meanwhile, about 18,500 enterprises completed dissolution procedures and 3,100 others registered to suspend operation, up 25% and 3%, respectively.
According to the municipal Statistics Office, in October this year, more than 2,950 enterprises were established with a total registered capital of 25.7 trillion VND, an increase of 13% and 29% compared to the same period in 2022, respectively.
However, 1,570 enterprises completed dissolution procedures, a soar of 57% while 319 others suspended their operation, a climb of 24%. In the month, the city attracted 80.2 million USD in foreign direct investmennt (FDI), including 51.2 million USD in 41 new projects, 26.7 million USD in 11 exiting ones, and 2.3 million USD in capital contributions and share purchases./
VNA

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A motorbike production line of Honda Vietnam — a Japanese company located in Phu Tho province. (Photo: VNA)

🦋 Phu Tho emerges as FDI magnet following mergence

In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Infraction levels will correspond to fines of 1-80 million VND, depending on the nature and number of invoicing violations. (Photo: vietnamfinance.vn)

𝓀 Maximum fine of 3,000 USD proposed for violating invoice regulations

Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
At the strategic partnership signing ceremony between Sun PhuQuoc Airways and Amadeus. (Photo: Sun Group)

꧃ Sun PhuQuoc Airways enters strategic partnership with Amadeus to build a five-star aviation technology ecosystem

A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
A local resident makes a bank transfer using the Momo app. (Photo: VNA)

🔯 Banks accelerate digitalisation, non-cash payments

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