Business

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.

Citizens come to handle business establishment procedures at the business registration office of the Hanoi Department of Planning and Investment. (Photo: VNA)
Citizens come to handle business establishment procedures at the business registration office of the Hanoi Department of Planning and Investment. (Photo: VNA)

Hanoi (VNA) – The National Statistics Office on December 6 reported positive signs in business registration, with sharp increases in both newly established enterprises and their registered capital over the first 11 months of 2025.

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. Compared to the same period in 2024, these figures represent impressive growth of 20.9% in both the enterprise number and registered capital, and 16% in the registered workforce.

Additional capital injected into the economy reached a record high, 5.6 quadrillion VND, shooting up 104.3% year-on-year. Of this, 3.9 quadrillion VND came from enterprises already in operation, surging 197.3%.

The average registered capital per new enterprise was 9.8 billion VND, remaining stable compared to the same period last year.

In addition, the number of businesses resuming operations also rose significantly. During January–November, 97,600 enterprises resumed activities, up 36.9% year-on-year.

As a result, the economy welcomed a total of 275,600 new and returning enterprises, marking a 26.1% increase from the same period in 2024. On average, 25,100 enterprises entered or re-entered the market each month.

Conversely, over the same period, 110,100 firms temporarily suspended operations, up 14.4% year-on-year; 64,500 halted operations pending dissolution procedures, up 11.7%; and 30,800 completed dissolution procedures, up 60.1%. On average, 18,700 enterprises withdrew from the market each month.

To support business development, the Ministry of Finance has called for solutions to address institutional bottlenecks, improve access to land, resources, and minerals, provide interest rate support, and enhance workforce training.

The ministry also recommended further streamlining administrative procedures, reducing procedure processing times and costs, and implementing targeted policies for small and medium-sized enterprises and business households./.

VNA
#registered capital #business registration #newly established enterprises #National Statistics Office
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