Over 174,000 businesses join market in 7 months
The figure suggests that entrepreneurs continue to identify viable business opportunities in the current market.
Vietnam sees nearly 112,000 new and returning businesses in 5M
Nearly 22,400 businesses entered or re-entered the market each month, on average, according to the National Statistics Office.
Vietnam sees modest decline in new business registrations in 11 months
Nearly 71,300 enterprises resumed operations in the period, marking a 28.5% increase compared to the same period in 2023
Newly-established enterprises in Hanoi up 10% in May
Total registered capital of new players estimated at $1.5bln.
Newly-registered enterprises hit record in April
There were more than 15,000 newly-registered enterprises in April; a new record. According to Mr. Bui Anh Tuan, Director of the Business Registration Management Agency at the Ministry of Planning and Investment (MPI), the pandemic is now largely under control and the business environment has improved, both of which encourage new owners to get started. The rest of the year is also forecast to be positive for new businesses.