Nearly 80 real estate enterprises are established every day

According to the report of Business Registration Agency (Ministry of Planning and Investment), in June 2017, there are 10,742 enterprises registering its official establishment with the total investment of US$4.8 million. Average authorised capital per enterprise has reached about US$453,000, decreasing by 5.5% as of May 2017 and increasing by 28.8% as of June 2016.

Notably, the real estate business sector in the first six months has 2,279 enterprises, increasing by 68.3% as of last year. The total capital of newly-established real estate enterprises has also increased by 42.2%.

Moreover, the finance, banking and insurance branch has 679 enterprises, increasing by 37.2%; the medical and social work branch has 318 enterprises, increasing by 30.9%; the education and training branch has 1,597 enterprises, increasing by 30.4%; the electricity – water – gas generation and distribution branch has 442 enterprises, increasing by 23.1%.... Only the transportation and warehousing branch has 3,068 enterprises, decreasing by 5.5%.

Hence, it can be clearly seen that the real estate sector has kept its first rank in the number of newly-established enterprises. Besides, 257 enterprises coming back into operation in the first six months of 2017, increasing by 8.4% as of 2016.