The report on the economic and social situation in February 2024 by the General Statistics Office shows that in this month, the country had nearly 8.6 thousand newly established enterprises, a decrease of 36.5% compared to the previous month and 2.8% compared to the same period last year.
In addition, there were over 5.3 thousand enterprises resuming operations; 5,146 enterprises registering temporary suspension of business; 2,153 enterprises ceasing operation pending dissolution procedures; and 1,506 enterprises completing dissolution procedures.
In total, in the first two months of 2024, the country had 41.1 thousand newly registered and reactivated enterprises, an increase of 8.5% compared to the same period last year. On average, there were more than 20.5 thousand newly established and reactivated enterprises per month.
In the first two months of 2024, the country had 41.1 thousand newly registered and reactivated enterprises. (Illustrative image: Government)
The number of enterprises exiting the market was 63 thousand, an increase of 22.5% compared to the same period last year. On average, there were nearly 31.5 thousand enterprises leaving the market per month.
Regarding the import-export situation of goods, in February 2024, the total import-export turnover of goods was estimated at 48.54 billion USD, a decrease of 25.8% compared to the previous month and 1.8% compared to the same period last year.
In total, in the first two months of 2024, the total import-export turnover of goods was estimated at 113.96 billion USD, an increase of 18.6% compared to the same period last year, with exports increasing by 19.2% and imports increasing by 18%.
The trade balance of goods achieved a surplus of 4.72 billion USD (compared to a surplus of 3.5 billion USD in the same period last year).
In the first two months of 2024, the US was the largest export market of Vietnam with an estimated turnover of 17.4 billion USD. China was the largest import market of Vietnam with an estimated turnover of 20.9 billion USD.
