Hanoi (VNA) - Vietnam’s business landscape in July continued to show encouraging signs, reinforcing the country’s overall economic momentum over the first seven months of 2025.
According to a report released by the National Statistics Office (GSO) on August 6, a total of 174,000 businesses were either established or resumed operation during the seven-month period, marking a year-on-year increase of 22.9%. On average, 24,900 businesses joined the market each month.
In July alone, 16,500 new enterprises were registered, with total charter capital reaching 117.4 trillion VND (about 4.5 billion USD) and nearly 79,000 registered workers.
Compared with June, these figures represented declines of 32.3% in the number of new enterprises, 33.6% in registered capital, and 42.4% in employment. However, against July 2024, the number of new businesses still posted growth of 4.7%.
The average registered capital per new company in July stood at 7.1 billion USD, down 1.8% from the previous month and 15.6% year-on-year, suggesting that new firms entered the market with smaller initial investment sizes.
A notable bright spot was the number of businesses returning to operation, which reached 14,600 in July, up 1.6% from June and soaring 78.3% year-on-year. This rebound reflects stronger recovery efforts and renewed confidence among enterprises.
From January to July, 107,700 enterprises were newly established, with total registered capital of 928.4 trillion VND, involving some 670,000 workers. Compared with the same period in 2024, the number of new businesses rose 10.6%, capital increased 5.5%, and employment climbed 11.6%. The average capital per newly established company during the period was 8.6 billion VND, down 4.6% year-on-year.
An important driver of growth was the surge in additional capital flowing into the economy. In the first seven months, more than 3.3 trillion VND was injected, shooting up 93.7% from a year earlier. Of this, over 2.4 trillion VND came from existing enterprises increasing their capital, nearly 2.9 times the figure in the same period of 2024.
The comeback of 66,300 enterprises, an increase of 49.8% year-on-year, added further momentum.
Together, newly established firms and those resuming operations totalled 174,000, up 22.9% compared with the same period of 2024. On average, 24,900 businesses joined or rejoined the market each month.
In terms of economic sectors, services continued to dominate, with 83,200 newly established businesses in seven months, a year-on-year increase of 13.1%. Industry and construction followed with 23,600 new enterprises, up 3.1%, while agriculture, forestry, and fisheries recorded 949 new firms, up 0.7%.
Alongside the expansion, the market also witnessed business withdrawals. In July, 7,300 enterprises registered for temporary suspension, up 14.2% from June and 7.4% year-on-year.
Another 4,400 enterprises halted operations last month while awaiting dissolution procedures, down sharply by 56.4% month-on-month and 37.7% year-on-year. Meanwhile, 1,900 enterprises completed dissolution procedures, down 29.4% from June but 5.4% higher than the previous year.
Over the first seven months, 88,600 businesses temporarily suspended operations, up 13.6% year-on-year; 41,500 were awaiting dissolution, up 16.7%; and 14,300 completed dissolution, up 20.5%. On average, 20,600 companies withdrew from the market each month.
These exits reflect not only challenges in sustaining operations but also the natural process of restructuring in a dynamic economy. Firms struggling with market conditions may close, while others adapt, resume activity, or new players enter the market with fresh capital and strategies.
The July data paints a picture of a resilient and evolving business environment. While the number of new firms established in July was lower than in June, the significant rise in returning enterprises and the surge of additional capital into the economy suggest that businesses are regaining confidence./.
