BUSINESS DISSOLUTION, SUSPENSION, RESUMPTION UPDATE IN NOVEMBER AND ELEVEN MONTHS 2015

Saturday, 12/19/2015 11:59 GMT+7

1. Enterprises completed dissolution procedure and closed business update in eleven months of 2015.

-  General situation:

The number of enterprises which already registered for suspension and dissolution in eleven months of 2015 was reached 8.468, decreasing by 2,23% compared to the same period last year.

+ Business dissolution update by business forms:

Among dissolution enterprises in eleven months of 2015, there were 3.094 Limited liability companies with 1 member (about 36,5%), 2.358 Limited liability companies with 2 members or more (about 27,9%), 1.251 Share holding companies (about 14,8%) and 1.765 Private companies (20,8%).

+ Business dissolution update by capital scale:

As the statistics show, the number of dissolution enterprises have an inverse relation with the capital scale (table 1).The vast majority of suspended enterprises due to business difficulties were those that have registered capital under 10 billion dong. This illustrates that enterprises with large capital scale usually have a better resistance to business difficulties than the ones with small capital scale.

Table 1: Business dissolution categorized by capital scale (unit: enterprise)

 

Scale of registered capital

11 months 2014

11 months 2015

Total

8.661

8.468

1

0-10 billion dong

8.124

7.928

2

10-20 billion dong

221

219

3

20-50 billion dong

172

146

4

50-100 billion dong

73

83

5

More than 100 billion dong

71

92

-         Business dissolution by region:

Table 2: Business dissolution categorized by region (unit: enterprise)

TT

Region

11 months

2014

11 months

2015

Comparison

11 months

2015/2014

Total

8.661

8.468

-2,2%

1

Red river delta

1.396

1.663

19,1%

2

Northern midlands and mountainous area

646

559

-13,5%

3

North Central and Central Coastal area

1.359

1.369

0,7%

4

Central Highlands

205

283

38,0%

5

South East area

3.249

2.899

-10,8%

6

Mekong river delta

1.806

1.695

-6,1%

-         Business dissolution by business activities:

Table 3: Business dissolution categorized by activities (unit: enterprise)

TT

Business Activity

11 months 2014

11 months 2015

Comparison

11 months 2015/2014

Total

8.661

8.468

-2,2%

1

Whole sale and Retail trade; Automotive

3.492

3.353

-4,0%

2

Industrial Processing and Manufacturing

1.179

1.066

-9,6%

3

Accommodation and Food service

504

492

-2,4%

4

Employment service, Tourism, Equipment hiring

415

363

-12,5%

5

Education and Training

143

169

18,2%

6

Other service activities

169

118

-30,2%

7

Real Estate Activities

144

101

-29,9%

8

Mining and Quarrying

126

105

-16,7%

9

Science and Technology, Consultant service

341

387

13,5%

10

Agriculture, Forestry and Fishery

312

218

-30,1%

11

Arts and Entertainment

81

141

74,1%

12

Production and Distribution of Electricity, Hot water and gas

55

74

34,5%

13

Finance, Banking and Insurance

67

68

1,5%

14

Information and Communication

205

433

111,2%

15

Transportation and Storage

386

376

-2,6%

16

Construction

990

975

-1,5%

17

Health Services and Other social-aids activities

52

29

-44,2%

II. Enterprise suspending operation update in eleven months 2015

- General situation:

Regarding the cases of suspension due to difficulties in doing business during eleven months of  2015, totally there were 62.713 enterprises, increasing by 21,35% compared to the same period last year (of which 14.843 enterprises registered for temporary suspension; 47.870 others suspended without registering or waiting for closing tax code).

+ Enterprises suspending operation update by business forms:

Among suspended enterprises due to difficult situation in doing business, there were 21.899 Limited liability companies with 1 member (about 34,897%),  20.223 Limited liability companies with 2 members or more (about 32,3%), 12.156 Share holding companies (about 19,4%) and 8.433 Private companies (about 13,4%) and 2 Partnership company (about 0,003%).

+ Enterprises suspending operation update by capital scale:

As the statistics in table 4 show, the vast majority of suspended enterprises due to business difficulties were those that have registered capital under 10 billion dong. This illustrates that enterprises with large capital scale usually have a better resistance to business difficulties than the ones with small capital scale.

Table 4: Business suspension categorized by capital scale (unit: enterprise)

 

Scale of registered capital

11 months 2014

11 months 2015

Total

51.679

62.713

1

0-10 billiion dong

48.277

58.660

2

10-20 billiion dong

1.429

1.929

3

20-50 billiion dong

1.040

1.217

4

50-100 billiion dong

484

510

5

Trên 100 billiion dong

386

397

-         Enterprises suspending operation update by region:

Table 5: Business suspension categorized by region (unit: enterprise)

 

Region

11 months

2014

11 months

2015

Comparison

11 months

2015/2014

Total

51.679

62.713

21,4%

1

Red river delta

17.768

20.025

12,7%

2

Northern midlands and mountainous area

1.665

2.616

57,1%

3

North Central and Central Coastal area

6.189

8.423

36,1%

4

Central Highlands

1.630

2.100

28,8%

5

South East area

20.891

23.495

12,5%

6

Mekong river delta

3.536

6.054

71,2%

- Enterprises suspending operation update by business activities:

Table 6: Business suspension categorized by activities (unit: enterprise)

No

Business activities

11 months 2014

11 months 2015

Comparison

11 months 2015/2014

Tổng số

51.679

62.713

21,4%

1

Whole sale and Retail trade; Automotive

19.773

23.417

18,4%

2

Industrial Processing and Manufacturing

6.718

7.962

18,5%

3

Accommodation and Food service

2.610

3.424

31,2%

4

Employment service, Tourism, Equipment hiring

2.764

3.340

20,8%

5

Education and Training

775

1.001

29,2%

6

Other service activities

1.221

1.266

3,7%

7

Real Estate Activities

619

697

12,6%

8

Mining and Quarrying

654

746

14,1%

9

Science and Technology, Consultant service

2.302

2.872

24,8%

10

Agriculture, Forestry and Fishery

985

1.864

89,2%

11

Arts and Entertainment

376

909

141,8%

12

Production and Distribution of Electricity, Hot water and gas

317

378

19,2%

13

Finance, Banking and Insurance

432

534

23,6%

14

Information and Communication

1.323

1.590

20,2%

15

Transportation and Storage

2.652

3.072

15,8%

16

Construction

8.028

9.435

17,5%

17

Health Services and Other social-aids activities

130

206

58,5%

 

III. Resumption enterprises update in eleven months of 2015

- General situation:

In this period, there were 18.646 enterprises resumed operation after suspension in the whole country, increasing by 31,24% compared to the same period in 2014.This is an encourage figure that shows positive signals of recovery in the domestic economy, making more business opportunities for enterprises to invest and enter the market.

- Resumption enterprises update by region:

Table 7: Resumption enterprisescategorized by region ( unit:enterprise)

 

Region

11 months

2014

11 months

2015

Comparison

11 months

2015/2014

Total

14.208

18.646

31,24%

1

Red river delta

4.643

5.004

7,8%

2

Northern midlands and mountainous area

659

1.020

54,8%

3

North Central and Central Coastal area

1.512

2.674

76,9%

4

Central Highlands

407

545

33,9%

5

South East area

6.184

7.613

23,1%

6

Mekong river delta

803

1.790

122,9%

- Resumption enterprises update by business activites:

Table 8: Resumption enterprises categorized by activities( unit:enterprise)

No

Business activities

11 months 2014

11 months 2015

Comparison

11 months 2015/2014

Total

14.208

18.646

31,24%

1

Whole sale and Retail trade; Automotive

5.138

6831

32,95%

2

Industrial Processing and Manufacturing

1.888

2356

24,79%

3

Accommodation and Food service

616

943

53,08%

4

Employment service, Tourism, Equipment hiring

845

986

16,69%

5

Education and Training

186

275

47,85%

6

Other service activities

338

361

6,80%

7

Real Estate Activities

266

308

15,79%

8

Mining and Quarrying

191

227

18,85%

9

Science and Technology, Consultant service

743

982

32,17%

10

Agriculture, Forestry and Fishery

274

448

63,50%

11

Arts and Entertainment

88

174

97,73%

12

Production and Distribution of Electricity, Hot water and gas

78

110

41,03%

13

Finance, Banking and Insurance

80

146

82,50%

14

Information and Communication

301

455

51,16%

15

Transportation and Storage

677

956

41,21%

16

Construction

2.462

3025

22,87%

17

Health Services and Other social-aids activities

37

63

70,27%

 

Nguyen Thu Ha

(Source: Agency of Business Registration, MPI)

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