Businesses' registered capital sees two-fold rise in Q1

While the number of new businesses in Q1 declined by 4% year-on-year, theỉ total registered capital rose slightly by 1.3%.

Workers at the Thuan An wood processing factory in Binh Duong province manufacture parts of tables and chairs. (Photo: VNA)
Workers at the Thuan An wood processing factory in Binh Duong province manufacture parts of tables and chairs. (Photo: VNA)

Hanoi (VNA) – Total capital injected into the economy in the first three months of the year—including additional capital from existing enterprises—reached nearly 1.39 quadrillion VND, almost 2.1 times higher than the same period last year, reflecting a positive trend in business investment, reported the National Statistics Office (NSO) under the Ministry of Finance.

Vietnam saw the establishment of 36,400 new enterprises in the first quarter of 2025, with total registered capital approximating 356.8 trillion VND (13.7 billion USD).

While the number of new businesses declined by 4% year-on-year, the total registered capital rose slightly by 1.3%. The average registered capital per new enterprise stood at 9.8 billion VND, up 5.5% from a year earlier.

Between January and March, 36,500 businesses resumed operations, marking a substantial year-on-year increase of 54.8%.

Newly established firms and those resumping operations in Q1 totalled more than 72,900, up 18.6%. On average, over 24,300 companies were either newly founded or returned to the market each month.

In March alone, 15,600 new enterprises came into being, with total capital of 126.3 trillion VND, representing a 54.2% increase in the number of businesses but a 7.4% decrease in registered capital compared to February. Compared to the same period last year, the number of new businesses rose by 3.4% while their capital dropped 4.7%.

Also in March, 9,100 businesses resumed operations, up 29.3% from the previous month and more than three times higher than the same period last year.

Meanwhile, 4,392 companies temporarily suspended operations, up 6.1% year-on-year. Additionally, 2,137 others completed dissolution procedures in March, a sharp increase of 54.4% compared to March 2024.

In Q1 of 2025, a total of 61,400 businesses temporarily suspended operations, rising 15.1% year-on-year. Meanwhile, around 11,500 firms ceased operations while awaiting dissolution, down 26.1%. Nearly 5,900 businesses completed dissolution procedures, up 23% from a year earlier. On average, nearly 26,300 companies exited the market each month.

To support business development, Phi Thi Huong Nga, head of the NSO’s Industry and Construction Statistics Department, emphasised the need to facilitate the green economy, circular economy, e-commerce, and new business models.

She also highlighted the importance of helping businesses adopt artificial intelligence, digital transformation, and green transition, and engage in the creative and sharing economies. Support should be prioritised for such sectors as wholesale and retail, processing and manufacturing, tourism, and logistics.

Nga stressed the necessity for the Government to implement breakthrough policies to attract top-tier talent, especially foreign and overseas Vietnamese experts, to contribute to Vietnam’s innovation, science, and technology advancement.

Looking ahead, the Ministry of Finance plans to pushing ahead with administrative reforms in 2025. It will also advise the Government and Prime Minister about simplifying and reducing regulatory procedures related to business operations, with the goal of making it easier for enterprises and investors to enter and operate in the Vietnamese market legally and efficiently./.

VNA

See more

Inside Apparel Far Eastern Company Limited in Binh Duong province. (Photo: VNA)

Workers’ average income increase across most regions

By the end of Q1, the employed workforce nationwide reached 51.9 million people, a decrease of 0.4% against the previous quarter but a rise of 1.04% year-on-year. Of this total, 20 million got employment in urban areas while the figure in rural areas was 31.8 million.

Prime Minister Pham Minh Chinh speaks at the meeting (Photo: VNA)

Private economic sector requires open institutions: PM

Prime Minister Pham Minh Chinh noted that the draft project has yet to identify bottlenecks and constraints hindering the private economic sector's growth and stressed the need to include concrete tasks and solutions to boost the sector.

Participants at the business dialogue in Italian city of Genoa (Photo: VNA)

Italy's Liguria region eyes stronger economic cooperation with Vietnam

An Asia-Vietnam business dialogue in Italian city of Genoa featured expert insights into regional trade dynamics, real-world business case studies, and analysis of Vietnam’s fast-evolving key sectors — from manufacturing to technological innovation — amid shifting global trends.

Dao Viet Anh, Head of the International Relations Department at the Vietnam Trade Promotion Agency, speaks at the conference. (Photo: VNA)

Vietnam, China enhance business connectivity

In the first quarter of 2025, bilateral trade between Vietnam and China reached 51.2 billion USD, up 17.5% year-on-year, with expectations for continued growth throughout the year.

The article titled "Vietnam opens the 'steel door' in trade relations with the US", published on April 11 (Photo: VNA)

Latin American media hail Vietnam’s breakthrough in US trade talks

According to the Latin American outlet, the most outstanding achievement in the recent intensive negotiation days was Vietnam’s special task force convincing the US side to agree to begin negotiations on a bilateral trade agreement, an issue Washington had previously avoided on numerous occasions.

Vietnamese Ambassador to Brazil Bui Van Nghi meets with Samo Tosatti, Director of International Relations of São Paulo State. (Photo: VNA)

Vietnam, Brazil promote cooperation potential

During his visit from April 7-10, the Ambassador held meetings with the Government of Sao Paulo State, the Federation of Industries of the State of Sao Paulo (FIESP), and Friboi -a subsidiary of the JBS Group- to explore opportunities to further strengthen bilateral trade and investment, with a focus on Sao Paulo.