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51,600 new firms established in Vietnam in first 4 months

HANOI, May 1 (Xinhua) — Around 51,600 enterprises were newly formed in Vietnam in the first four months of this year, posting an increase of 3.4 percent year on year, according to the latest statistics of the General Statistics Office.

The registered capital of the new enterprises was estimated at nearly 508 trillion Vietnamese dong (20.04 billion U.S. dollars), the office said.

The number of new firms e