Some 87,448 new enterprises were established in the first eight months of the year, registering a total registered capital of 878.6 trillion VND (37.7 billion USD), a year-on-year increase of 2.4 percent in number of firms and 6.9 percent in capital, according to the General Statistics Office (GSO).
Hanoi (VNA) – Some 87,448 new enterprises were established in thefirst eight months of the year, registering a total capital of 878.6trillion VND (37.7 billion USD), a year-on-year increase of 2.4 percent innumber of firms and 6.9 percent in capital, according to the General StatisticsOffice (GSO).
In August, the country had 11,655 newly-established firms with total registeredcapital of 107.6 trillion VND (4.62 billion USD), posting a 3.5 percentincrease in number of the companies and a 11.9 percent drop in terms of capitalas compared to the previous month.
The average registered capital of each new firm was calculated at more than 10billion VND (430,000 USD), rising 4.3 percent from the same time last year.
During January-August, there were 20,942 businesses resuming their operations,growing 9.3 percent year on year.
The new firms employed 734,700 workers, falling 10.7 percent from the same timelast year.
By sector, wholesale, retail sale and automobile repair and motorbikeindustries has the most newly formed companies with 29,600, or 33 percent ofthe total new firms. It was followed by construction and processing-manufacturingsectors which saw the participation of 11,500 and 10,900 companies,respectively.
The GSO said that as many as 63,235 businesses ceased their operation during theeight month period, up 38.1 percent year-on-year. The number of enterprisesfulfilling dissolution procedures rose 17.8 percent to 9,135.-VNA
A total of 11,027 businesses with combined registered capital of 104.8 trillion VND (4.61 billion USD) were established in May, according to the Business Registration Management Department under the Ministry of Industry and Trade.
A total of 80,500 workers were registered at newly-established businesses in May, down 24.5 percent year-on-year, according to the General Statistics Office (GSO).
A total of 782,000 people have been offered with jobs since the beginning of this year, according to Deputy Minister of Labour, Invalids and Social Affairs Doan Mau Diep.
Up to 12,100 new enterprises were established in the capital city of Hanoi in the first six months of 2018, with total registered capital of 124 trillion VND (around 5.46 billion USD).
As many as 64,531 new enterprises have been set up in the first half of 2018 with a total registered capital of 649 trillion VND (28.6 billion USD), up 5.3 percent and 8.9 percent from the same period last year, respectively.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
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.
Illustrative photo (Photo: VNA) 
