In the industrial sector, the manufacturing grew by 23.8%, contributed 17.5 percentage points to the general growth rate; the power generation and distribution climbed by 15.4%, contributed 1 percentage points; the mining and quarrying went up by 10.5%, contributed 2.3 percentage points; the water supply and waste treatment increased by 6.8%, contributed 0.1 percentage points.

The number of employees working in industrial enterprises as of January 01, 2018 rose by 4.2% compared to the same period last year, of which employees in the State enterprise sector decreased by 1.3%; employees in the non-State enterprise sector grew by 2.4%; and employees in the FDI enterpsise sector went up by 5.8%.

Business registration situation

In January 2018, the country had 10839 enterprises registered for new establishment with a total registered capital of 98.3 trillion dongs, an increase of 20.6% in the number of enterprise and 8.9% rise in the registered capital compared to the same period in 2017 according to the General Statistics Office (GSO).

Average registered capital per newly established enterprise reached 9.1 billion dongs, down 9.7%. If including 218.1 trillion dongs of additionally registered capital of enterprises’s changing to raise the capital, the total of registered capital added to the economy in January was 316.4 trillion dongs. Besides, there were 4587 enterprises returning to operation, down 17.6% over the similar period last year, bringing the total number of newly registered enterprises and re-operated enterprises in January this year to 15.4 thousand enterprises. Total number of registered laborers of newly established enterprises in the month was 85.3 thousand people, equaling 82% of that in the same period in 2017.
The number of temporarily ceased enterprises in the month was 13300 ones, an increase of 0.1% against the identical period last year, including 8622 enterprises registered for time-limited temporary cessation of operation, rising by 26.4% and 4678 enterprises temporarily suspended operation without registering or waiting for dissolution, falling by 27.7%. Of the total number of enterprises registered for time-limited temporary cessation of operation, there were 3857 single member limited liability companies (accounting for 44.7%); 2622 two-member limited liability companies (accounting for 30.4%); 1387 joint-stock companies (representing 16.2%); 754 private businesses (accounting for 8.7%); and 02 partnerships.

The number of enterprises which finished the procedure for dissolution in January 2018 was 1554 ones, a decrease of 1.8% from the previous year, of which there were 1425 enterprises with capital size of less than 10 billion dongs, accounting for 91.7%. By types of enterprise, of the total number of enterprises which finished the procedure for dissolving, terminating operations, there were 718 single member limited liability companies (accounting for 46.2%); 422 two-member limited liability companies (accounting for 27.2%); 218 private businesses (accounting for 14%); and 196 joint-stock companies (representing 12.6%).

Investment

Total realized investment capital under the State budget in January reached an estimate of 16175 billion dongs, equaling 4.9% of the annual plan and up 13.9% against the same period in 2017, of which the capital under central management obtained 3192 billion dongs, equaling 4.8% of the annual plan and up 9.2% over the identical period last year; the capital under local management achieved 12983 billion dongs, equaling 4.9% of the annual plan and increasing by 15.1% compared to that in the same period in 2017.

From the beginning of the year to January 20, 2018, FDI attracted 166 newly licensed projects with the total registered capital of US$ 442.6 million, a decline of 5.1% in the number of projects and a decrease of 64.4% in the registered capital against the similar period in 2017.

Besides, there were 61 times of license-granted projects from previous years registered to adjust investment capital with the additional capital of US$ 456.8 million, up 155% from the same period last year. Thus, the total of newly registered capital and additional capital reached US$ 899.4 million, down 36.8% from 2017’s same period.

Realized FDI capital in January 2018 was estimated at US$ 1050 million, increasing by 10.5% compared to that in January 2017. In the month, there were 415 times of capital contribution and share purchase of foreign investors with a total capital contribution of US$ 356 million, a growth of 54.7% against the same period in 2017, of which 212 times of capital contribution and share purchase increased the charter capital of enterprises with the contributed capital of US$ 199.1 million and 203 times of foreign investors bought back domestic shares without increasing charter capital with the value of US$ 156.9 million.

In January 2018, 24 provinces and centrally-run cities nationwide had newly licensed foreign direct investment projects from 23 countries and territories.

Source: General Statistics Office