Around 36,400 new enterprises were established in the first quarter of 2025 with total registered capital of nearly VND356.8 trillion ($13.7 billion), figures from the National Statistics Office show.

The figures represent a year-on-year reduction of 4% in the number of businesses and an increase of 1.3% in registered capital.

In March alone, there were more than 15,600 newly-established enterprises with total registered capital of over VND126.3 trillion ($4.8 billion).

The three-month period saw more than 36,500 enterprises resuming their operations, skyrocketing 54.8% year-on-year.

Meanwhile, a total of 61,400 enterprises registered for a temporary suspension of operations in the first quarter, rising 15.1% year-on-year; nearly 11,500 firms ceased operations while waiting to complete dissolution procedures, down 26.1%; and nearly 5,900 enterprises were dissolved, up 23%.