The business landscape in Vietnam for the first 11 months of 2025 has shown remarkable dynamism, with a significant increase in both the number of new enterprises and the capital being injected into the economy.
According to the General Statistics Office under the Ministry of Finance, nearly 178,000 new businesses were registered, with a total capital of over VND1.75 trillion ($66.5 million), marking a 20.9% increase in both the number of enterprises and the capital compared to the same period last year.
In addition to new businesses, the number of enterprises resuming operations surged by 39.9%, reaching 97,600. This brings the total number of businesses entering and re-entering the market to 275,600, a 26.1% increase from the same period in 2024. On average, the economy welcomed approximately 25,100 businesses each month.
Despite a slowdown in November 2025 compared to October, with a 16.1% decrease in the number of new businesses and a 6.9% decrease in capital, the number of new enterprises still grew by 34.9% compared to November of the previous year.
One of the most notable indicators in the economic picture over the past 11 months is the scale of additional registered capital. The total new and additional registered capital reached VND5.6 trillion (over $212 million), a 104.3% increase compared to the same period in 2024.
The main driving force behind this growth comes from existing businesses, with additional registered capital reaching nearly VND3.9 trillion (nearly $148 million), a staggering 197.3% increase. This reflects a reality where existing enterprises are aggressively investing more capital to expand their production and business scale, while new entrants join with an average capital size of about VND9.8 billion (over $371,000), similar to the previous year.
The service sector remains the most vibrant, attracting 136,200 new businesses, a 22.3% increase from the same period last year. This is followed by the industrial and construction sectors, with 40,100 new businesses, marking a 16.6% increase.
However, there is a concerning rise in the number of businesses completing dissolution procedures, which spiked by 60.1% to 30,800 businesses. Meanwhile, the number of businesses temporarily suspending operations reached 110,100, a 14.4% increase, and those awaiting dissolution numbered 64,500, an 11.7% increase.
The sharp rise in dissolution rates compared to temporary suspensions indicates that many businesses can no longer "hold on" for better opportunities and are forced to close permanently. Particularly, capital and labor-intensive sectors such as real estate and transportation are heavily impacted, with dissolution rates increasing by 56.4% and 61.5%, respectively.
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