113.3 thousand businesses withdrew from the market after 7 months, a sharp increase compared to the previous year

In the first 7 months of 2023, the number of businesses withdrawing from the market is 113.3 thousand, an increase of 19.8% over the same period last year.

The General Statistics Office's report on the socio-economic situation in July and the first 7 months of 2023 said that in July, the whole country had 13.7 thousand newly established businesses, down 1.2% over the month. ago and increased by 4.3% over the same period last year.

Besides, the whole country has more than 7 thousand businesses returning to operation; 6,884 businesses registered to temporarily suspend business for a limited period of time; 5,257 businesses stopped operating waiting for dissolution procedures and 1,581 businesses completed dissolution procedures.

In the first 7 months of 2023, the whole country had 131.9 thousand newly registered businesses and returned to operation, down 1.4% over the same period last year; On average, each month, there are 18.8 thousand new businesses established and returned to operation.

In the opposite direction, the number of businesses withdrawing from the market was 113.3 thousand businesses, an increase of 19.8% over the same period last year; On average, 16.2 thousand businesses withdraw from the market every month.

 Domestic businesses are still facing many difficulties. (Illustration photo: Vietnamplus)

Regarding investment, realized investment capital from the State budget in July was estimated at 58.5 trillion VND, up 28.4% over the same period last year. In total, for the first 7 months of 2023, realized investment capital from the State budget is estimated to reach more than 291 trillion VND, equal to 41.3% of the year's plan and an increase of 22.1% over the same period last year.

Total foreign investment capital registered in Vietnam as of July 20, 2023 includes: Newly registered capital, adjusted registered capital and value of capital contributions and share purchases of foreign investors reached 16 .24 billion USD, an increase of 4.5%.

Realized foreign direct investment capital in Vietnam in the first 7 months of 2023 is estimated to reach 11.58 billion USD, an increase of 0.8%.

Regarding the import and export situation of goods, the export turnover of goods in July was estimated at 29.68 billion USD, up 0.8% over the previous month and down 3.5% over the same period last year. Overall, for the first 7 months of 2023, merchandise export turnover is estimated to reach 194.73 billion USD, down 10.6% over the same period last year.

Import turnover of goods in July is estimated at 27.53 billion USD, up 4.4% over the previous month and down 9.9% over the same period last year. In the first 7 months of 2023, import turnover is estimated to reach 179.5 billion USD, down 17.1% over the same period last year.

In the first 7 months of 2023, the US is Vietnam's largest export market with an estimated turnover of 52.4 billion USD. China is Vietnam's largest import market with an estimated turnover of 58.6 billion USD.

The trade balance of goods in July was estimated at a trade surplus of 2.15 billion USD. In general, for the first 7 months of 2023, the trade balance of goods is estimated at a trade surplus of 15.23 billion USD.

Total State budget revenue in July 2023 is estimated to reach 133.9 trillion VND. Cumulative total State budget revenue in the first 7 months of 2023 is estimated at 1,016.1 trillion VND, equal to 62.7% of the yearly estimate and down 7.8% over the same period last year.

Total State budget expenditure in July 2023 is estimated to reach 158.4 trillion VND. Accumulated for the first 7 months of 2023 is estimated to reach 957 trillion VND.

According to vtc.vn