Hanoi (VNA) – Nearly 16,200 businesses suspendedoperations in the first two months of this year, up 19.5 percent annually,reported the General Statistics Office.
During the period, the number of newly-established firmsrose 9.1 percent to 17,400 and those resuming operations were up 17.1 percentyear-on-year to 11,900.
The new enterprises had a total registered capital of 220trillion VND (956 million USD) and 157,500 workers, down 11.1 percent and 3.9percent year-on-year, respectively.
About 5,700 businesses registered to add 421 trillion VND totheir capital.
In total, additional 641 trillion VND was poured into the economy, down 26.2percent from the same period last year.
Up to 9,400 businesses waited for dissolution procedures,down 31.4 percent and 2,800 others completed the procedures, down 11.1percent./.
As the Law on Enterprises is no longer suitable due to heavy burdens of administrative procedures it placed on local firms, a revised bill is necessary to better the business climate and enhance the competitive edge of the economy, according to the Central Institute for Economic Management (CIEM).
Vietnamese businesses invested 30.3 million USD overseas in the first two months of 2020, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.
The Indonesian government has hired three international consulting companies to develop a master plan for the country’s new capital city in East Kalimantan province, Indonesian Coordinating Minister for Maritime Affairs and Investments Luhut Binsar Pandjaitan said on February 28.
Deputy Prime Minister and Finance Minister of the Czech Republic Alena Schillerova spoke highly of Vietnamese businesses’ adherence to her country’s laws while attending a workshop in Prague on February 29.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
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.
Illustrative image (Photo: VNA) 
