Hanoi (VNA) - Vietnam recorded 145,000 newly registered enterprises in the first nine months of this year, an increase of 18.9% year on year, according to the National Statistics Office (NSO).
Not only did the number of new enterprises rise, but their registered capital also grew significantly. Total registered capital reached 1.42 quadrillion VND (53.85 billion USD), up 22.6%, with the average capital per enterprise rising to 9.8 billion VND, up 3.1%.
NSO Director Nguyen Thi Huong said this surge reflects the strong “momentum” generated by the Politburo’s Resolution No. 68-NQ/TW on developing the private economic sector. The number of new market entrants has now exceeded the number of withdrawals, she noted.
A particularly positive signal came from the sharp increase in total additional capital injected into the economy in the first nine months, reaching 4.72 quadrillion VND, up 104.3% year on year. Of this, 3.3 quadrillion VND came from existing enterprises expanding operations, up 186.5%.
Recovery among previously struggling firms also contributed to the optimistic outlook. More than 86,300 enterprises resumed operations, up 41.3% year on year, bringing the total number of newly established and returning enterprises to over 231,300, an average of 25,700 per month, adding fresh vitality to the economy.
Growth was seen across all sectors. Services led with 111,300 new enterprises (up 20.4%), followed by industry and construction (32,400, up 14.5%). Even agriculture, forestry and fisheries saw 1,300 new firms, up 10.6%, reflecting widespread entrepreneurial energy.
This clearly demonstrates businesses’ growing confidence in the economic outlook and their readiness to expand operations and invest in new projects, said Phi Thi Huong Nga, head of NSO's Industrial and Construction Statistics Division.
However, the business landscape is also undergoing active restructuring. In the same period, 99,500 enterprises temporarily suspended operations (up 14.5%), 53,200 ceased operations pending dissolution (down 13.5%), and 22,300 completed dissolution procedures (up 45%). On average, about 19,400 enterprises exited the market monthly—a high figure, though still outweighed by new and returning firms.
Sectors with high numbers of new enterprises such as wholesale and retail (61,910) and manufacturing (19,470) also recorded the largest numbers of closures, highlighting fierce competition.
Construction showed a less positive trend, with new registrations down 7.1% and dissolutions up 45.4%, reflecting challenges in real estate and material costs.
The third-quarter business sentiment survey of manufacturing enterprises by the NSO indicated strong recovery signs, with 77.8% of firms rated business conditions as stable or improving compared to the previous quarter, while only 22.2% faced difficulties.
To further support businesses, the Ministry of Finance has prioritised addressing institutional bottlenecks, improving access to land, resources and credit, reducing administrative burdens, and developing supportive tax and infrastructure policies.
Supporting efforts have focused on improving the investment climate and simplifying procedures to cut compliance costs, and helping firms bridge management, tax and accounting gaps to strengthen competitiveness.
Economists cautioned, however, that global economic uncertainty and rising competition remain key risks. Vietnamese enterprises must adopt flexible strategies, seize opportunities from supply chain shifts and domestic consumption, and maintain sustainable growth throughout 2025, they suggested./.
See more
An Giang province promotes business links in Cambodian market
A delegation from the Investment, Trade and Tourism Promotion Centre of An Giang province on December 6 visited the headquarters of the Khmer-Vietnamese Entrepreneurs Association in Phnom Penh as part of efforts to enhance connections and cooperation between An Giang and Cambodian firms.
Vietnam's property market draws Korean investors
With economic growth of 7–8%, strong FDI inflows and large-scale urban infrastructure development, Vietnam is viewed as a promising destination for Korean investors.
Van Phong Economic Zone poised for takeoff
By 2030, Van Phong aims to rank among Vietnam’s top three economic zones, contributing significantly to provincial and regional GRDP. By 2050, it is envisioned as an international maritime economic centre and a leading driver of Khanh Hoa’s long-term development.
Vietnam’s real estate attracts new generation FDI
The expansion in scale and capacity of Vietnamese property developers reflects renewed confidence in the sector and offers a strong foundation for deeper cooperation with international investors on strategic projects.
Vietnamese-developed BioWraps wins Top 10 startup award in Hong Kong
The innovative packaging from Vietnam is made from cellulose extracted from orange peels, offering a green, safe, and sustainable alternative to traditional plastics while promoting a circular economy and reducing pollution.
Stronger penalties proposed to deter counterfeit cosmetics trading
The Health Ministry will continue strengthening cosmetics management, and will soon submit proposals to amend the Government’s Decree 117/2020/ND-CP and Decree 98/2020/ND-CP, including regulations on cosmetic advertising and tougher sanctions for counterfeit products.
Vietnam sees strong growth in new businesses, registered capital in Jan-Nov
Nearly 178,000 new firms were set up nationwide during this period, with registered capital surpassing 1.75 quadrillion VND (66.38 billion USD) and registered employees totalling 1.05 million.
Vietnam records 20.5 billion USD trade surplus in 11 months
In the period, the total value of goods exports and imports reached 839.75 billion USD, up 17.2% year-on-year; of which, exports rose by 16.1% and imports by 18.4%.
FDI disbursement hits five-year high during first 11 months
Disbursement progress continued to accelerate, hitting a record high for the 2021–2025 period, reflecting Vietnam’s improved capacity to absorb capital and foreign enterprises' commitment to project implementation.
Fuel price adjustments, food supply disruptions push November CPI
The first 11 months, the index rose by 3.29%. With this result, the full-year CPI will certainly be kept below 4%, meeting the target set by the National Assembly and pursued by the Government.
Vietjet Air receives 22 aircraft in less than month
This rapid fleet expansion reflects the carrier’s strategic vision and ambition to rise globally, meet growing travel demand during the 2026 Lunar New Year season and expand its international network.
Amazon to support Vietnam in becoming Southeast Asia’s e-commerce export hub
The Vietnamese Government stands ready to create favourable conditions for Amazon to engage in long-term, effective cooperation and investment in the country, contributing to the growth of the local e-commerce market and sci-tech ecosystem.
Hai Phong seeks to promote port connectivity with Belgian city
Hai Phong and Antwerp - two port cities of strategic importance in Southeast Asia and Europe, respectively - share many notable similarities, as both serve as gateways for imports and exports, handle enormous volumes of cargo each year, and function as major logistics hubs for vast economic regions.
NA Vice Chairman calls for Samsung’s operation expansion in Vietnam
Over the past 17 years, Samsung Vietnam has successfully implemented numerous high-tech projects, operated six manufacturing entities, one research and development institute, and one sales entity, while continuously maintaining impressive revenues, reaffirming its position as a leading FDI enterprise in Vietnam.
Vietnam announces top 100 sustainable businesses for 2025
Notably, the top 10 in both categories comprised 60% domestic firms and 40% foreign-invested companies, signalling significant advances made by Vietnamese enterprises and underscoring that the “sustainability playground” is no longer dominated by FDI firms with strong governance foundations.
11-month public investment disbursement reaches over 60% of yearly plan
The ministry emphasised the need to pinpoint projects with strong disbursement potential to prioritise funding, while firmly shifting capital away from sluggish projects or those unable to complete procedures on time.
Hanoi set to launch venture capital fund
The fund will be established under a business contractual co-operation (BCC) with no legal status, operating on market principles and accepting risks to promote innovation.
Toy, baby care sector gears up for largest industry event of 2025
The Vietnam International Baby Products and Toys Expo (IBTE) 2025 will take place from December 18-20 at the Saigon Exhibition and Convention Centre in Ho Chi Minh City.
PM greenlights proposals to pilot free trade zones, develop Dung Quat energy hub
Pilot FTZs are expected to be established in Da Nang, Hai Phong, and Ho Chi Minh City in 2026. The goal is to establish 6–8 FTZs or similar models nationwide by 2030, and 8–10 international-standard FTZs by 2045
Forum discusses shaping Vietnam’s five-year economic-financial vision
An official has stressed the need to establish a new growth model that harmonises traditional growth drivers—investment, exports and labour—with new ones such as the digital economy, green economy, knowledge-based economy and circular economy.