More than 21,500 enterprises resumed their operation in 2015, marking a 39.5 percent year-on-year increase, according to the General Statistics Office (GSO).
Hanoi (VNA)♋ – More than 21,500 enterprises resumed their operation in 2015, marking a 39.5 percent year-on-year increase, according to the General Statistics Office (GSO).
More than 94,750 businesses were founded in the year, with a total registered capital of 601,500 trillion VND (26.7 trillion USD), representing year-on-year rises of 26.6 percent and 39.1 percent in number and value, respectively.
Together, they created jobs for more than 1.47 million labourers, up 35 percent from 2014.
As many as 9,467 enterprises stopped their operation, a slight drop of 0.4 percent from the previous year, while nearly 71,400 others suspended their production, up 22.4 percent year-on-year.
The amount accounts for only 12 percent of the total enterprises, which remains low in comparison with other nations, such as New Zealand with more than 30 percent and the UK, more than 50 percent, said GSO General Director Nguyen Bich Lam.-VNA
Over 2,200 small and medium enterprises (SME) across Vietnam have over the past two years been provided with information and legal knowledge to become more competitive.
They have benefited from a project to enhance the capacity of SMEs, especially those in rural areas, after Vietnam joined the World Trade Organisation six years ago.
The Government is pushing ahead with a programme on institutional and administrative reform in accord with its own Resolution 19/NQ-CP on improving business environment and national competitiveness.
The implementation of Government Resolution 19/NQ-CP on improving business environment and national competitiveness between 2015 and 2016 has shown encouraging outcomes in the first half of this year, said Minister of Planning and Investment Bui Quang Vinh at the regular cabinet meeting held in Hanoi on June 29.
Legal and administrative procedures were the biggest challenges facing start-up businesses, according to a forum attended by Deputy Prime Minister Vu Duc Dam on August 12.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
A garment-textile plant in Vietnam (Photo: VNA)
