Topic: Newly established businesses

This marks a year-on-year increase of 60.5% in the number of businesses and 21.2% in capital, compared to the same period in 2024.

The Business Registration Administration at the Ministry of Planning and Investment has said that business registrations continue to reach new milestones. In August, there were 11,918 newly-registered enterprises with total capital of VND130.198 trillion ($5.5 billion), an increase of 106.9 per cent in number and 91.6 per cent in capital year-on-year.

According to the General Statistics Office, there were more than 13,000 newly-established enterprises in July, down 0.7 per cent compared to June but up 50.7 per cent year-on-year. At the same time, 2,300 businesses returned to operations, up 3.2 per cent over June.