Business

Vietnam registers nearly 18,000 new enterprises in October

Nearly 18,000 enterprises with registered capital of 172.5 trillion VND (6.6 billion USD) and 93,600 workers were established in Vietnam in October this year, according to the National Statistics Office.

The average registered capital of a newly established enterprise in October is 9.6 billion VND. (Photo: VNA)
The average registered capital of a newly established enterprise in October is 9.6 billion VND. (Photo: VNA)

Hanoi (VNA) - Nearly 18,000 enterprises with registered capital of 172.5 trillion VND (6.6 billion USD) and 93,600 workers were established in Vietnam in October this year, according to the National Statistics Office.

Compared to the same period in 2024, the number of companies increased by 26.5% and registered capital increased by 12.3 %, while the number of workers increased by 16.3%.

The average registered capital of a newly established enterprise in October was 9.6 billion VND, down 2.6% compared to the previous month and down 11.2% compared to the same period in 2024.

In addition, the country also had 11,600 enterprises returning to operation in October, up 7.9% compared to the previous month and up 33.9% compared to the same period in 2024.

Also in October, there were 6,065 enterprises registering to temporarily suspend business for a period of time, up 32.9% compared to the previous month and up 11.2% compared to the same period in 2024.

Over the first 10 months of 2025, the country saw 162,900 newly registered enterprises with total registered capital of more than 1.59 quadrillion VND and 967,600 registered employees. This marks an increase of 19.7% in the number of firms, 21.4% in registered capital and 18.6% in the number of employees compared to the same period in 2024.

The average registered capital of a newly established enterprise in the first 10 months of 2025 reached 9.8 billion VND, an increase of 1.4% compared to the same period in 2024.

The first ten months the year saw 255,900 enterprises returning to operation, an increase of 26.5% compared to the same period in 2024.

Meanwhile, over the same period, 105,400 companies temporarily suspended business operations, an increase of 14.4% compared to the same period in 2024; 58,400 enterprises stopped operations for pending dissolution procedures, down 8.3%; and 26,800 firms completed dissolution procedures, up 54.5%./.

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