BUSINESS DISSOLUTION, SUSPENSION, RESUMPTION UPDATE IN OCTOBER AND TEN MONTHS 2015

Saturday, 12/19/2015 12:06 GMT+7

1. Enterprises completed dissolution procedure and closed business update in the first ten months of 2015.

-  General situation:

The number of enterprises which already registered for suspension and dissolution in ten months of 2015 was reached 7.641, decreasing by 1,2% compared to the same period last year.

+ Business dissolution update by business forms:

Among dissolution enterprises in ten months of 2015, there were 2.779 Limited liability companies with 1 member (about 36,4%), 2.088 Limited liability companies with 2 members or more (about 27,3%), 1.124 Share holding companies (about 14,7%) and 1.650 Private companies (21,6%).

+ 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

10 months 2014

10 months 2015

Total

7.730

7.641

1

0-10 billion dong

7.261

7.160

2

10-20 billion dong

190

195

3

20-50 billion dong

147

131

4

50-100 billion dong

68

72

5

More than 100 billion dong

64

83

-         Business dissolution by region:

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

TT

Region

10 months

2014

10 months

2015

Comparison

10 months

2015/2014

Total

7.730

7.641

-1,15%

1

Red river delta

1.244

1.461

17,4%

2

Northern midlands and mountainous area

599

513

-14,4%

3

North Central and Central Coastal area

1.243

1.250

0,6%

4

Central Highlands

173

250

44,5%

5

South East area

2.833

2.577

-9,0%

6

Mekong river delta

1.638

1.590

-2,9%

-         Business dissolution by business activities:

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

TT

Business Activity

10 months 2014

10 months 2015

Comparison

10 months 2015/2014

Total

7.730

7.641

-1,15%

1

Whole sale and Retail trade; Automotive

3.134

2.994

-4,5%

2

Industrial Processing and Manufacturing

1.043

959

-8,1%

3

Accommodation and Food service

449

442

-1,6%

4

Employment service, Tourism, Equipment hiring

366

320

-12,6%

5

Education and Training

126

154

22,2%

6

Other service activities

157

106

-32,5%

7

Real Estate Activities

130

89

-31,5%

8

Mining and Quarrying

120

100

-16,7%

9

Science and Technology, Consultant service

302

352

16,6%

10

Agriculture, Forestry and Fishery

264

199

-24,6%

11

Arts and Entertainment

68

131

92,6%

12

Production and Distribution of Electricity, Hot water and gas

49

68

38,8%

13

Finance, Banking and Insurance

61

63

3,3%

14

Information and Communication

182

404

122,0%

15

Transportation and Storage

340

342

0,6%

16

Construction

892

894

0,2%

17

Health Services and Other social-aids activities

47

24

-48,9%

II. Enterprise suspending operation update in ten months 2015

- General situation:

Regarding the cases of suspension due to difficulties in doing business during ten months of  2015, totally there were 60.164 enterprises, increasing by 29,1% compared to the same period last year (of which 13.625 enterprises registered for temporary suspension; 46.539 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 21.633 Limited liability companies with 1 member (about 35,957%),  19.208 Limited liability companies with 2 members or more (about 31,926%), 11.514 Share holding companies (about 19,138%) and7.807 Private companies (about 12,976%) 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

10 months 2014

10 months 2015

Total

46.603

60.164

1

0-10 billiion dong

43.018

56.301

2

10-20 billiion dong

1.535

1.851

3

20-50 billiion dong

1.121

1.149

4

50-100 billiion dong

526

487

5

Trên 100 billiion dong

403

376

-         Enterprises suspending operation update by region:

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

 

Region

10 months

2014

10 months

2015

Comparison

10 months

2015/2014

Total

46.603

60.164

29,1%

1

Red river delta

15.618

19.292

23,5%

2

Northern midlands and mountainous area

1.462

2.573

76,0%

3

North Central and Central Coastal area

5.541

8.209

48,2%

4

Central Highlands

1.536

2.049

33,4%

5

South East area

19.227

22.050

14,7%

6

Mekong river delta

3.219

5.991

86,1%

- Enterprises suspending operation update by business activities:

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

No

Business activities

10 months 2014

10 months 2015

Comparison

10 months 2015/2014

Tổng số

46.603

60.164

29,1%

1

Whole sale and Retail trade; Automotive

17.713

22.401

26,5%

2

Industrial Processing and Manufacturing

6.151

7.608

23,7%

3

Accommodation and Food service

2.283

3.298

44,5%

4

Employment service, Tourism, Equipment hiring

2.556

3.222

26,1%

5

Education and Training

680

956

40,6%

6

Other service activities

1.099

1.217

10,7%

7

Real Estate Activities

583

649

11,3%

8

Mining and Quarrying

571

719

25,9%

9

Science and Technology, Consultant service

2.134

2.751

28,9%

10

Agriculture, Forestry and Fishery

876

1.820

107,8%

11

Arts and Entertainment

332

876

163,9%

12

Production and Distribution of Electricity, Hot water and gas

279

364

30,5%

13

Finance, Banking and Insurance

388

497

28,1%

14

Information and Communication

1.198

1.536

28,2%

15

Transportation and Storage

2.343

2.944

25,7%

16

Construction

7.301

9.111

24,8%

17

Health Services and Other social-aids activities

116

195

68,1%

 

III. Resumption enterprises update in ten months of 2015

- General situation:

In this period, there were 16.198enterprises resumed operation after suspension in the whole country, increasing by 24,6% 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

10 months

2014

10 months

2015

Comparison

10 months

2015/2014

Total

13.003

16.198

24,6%

1

Red river delta

4.212

4.404

4,6%

2

Northern midlands and mountainous area

615

897

45,9%

3

North Central and Central Coastal area

1.369

2.258

64,9%

4

Central Highlands

359

491

36,8%

5

South East area

5.725

6.501

13,6%

6

Mekong river delta

723

1.647

127,8%

- Resumption enterprises update by business activites:

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

No

Business activities

10 months 2014

10 months 2015

Comparison

10 months 2015/2014

Total

13.003

16.198

24,6%

1

Whole sale and Retail trade; Automotive

4.706

5.986

27,20%

2

Industrial Processing and Manufacturing

1.733

2.067

19,27%

3

Accommodation and Food service

561

782

39,39%

4

Employment service, Tourism, Equipment hiring

770

851

10,52%

5

Education and Training

167

232

38,92%

6

Other service activities

316

318

0,63%

7

Real Estate Activities

244

272

11,48%

8

Mining and Quarrying

175

193

10,29%

9

Science and Technology, Consultant service

687

838

21,98%

10

Agriculture, Forestry and Fishery

245

401

63,67%

11

Arts and Entertainment

82

142

73,17%

12

Production and Distribution of Electricity, Hot water and gas

70

96

37,14%

13

Finance, Banking and Insurance

72

118

63,89%

14

Information and Communication

265

375

41,51%

15

Transportation and Storage

624

818

31,09%

16

Construction

2.251

2.651

17,77%

17

Health Services and Other social-aids activities

35

58

65,71%

 

Nguyen Thu Ha

(Source: Agency of Business Registration, MPI)

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