From January to May, nearly 66,800 new enterprises were licensed, representing a 0.6% year-on-year rise. These firms brought in 647.1 trillion VND in total registered capital and employed some 453,900 workers, up 6.2%.
New business registrations in Hanoi saw a 24.3% decline, with 2,045 new enterprises receiving certificates. The total registered capital for the new establishments dropped by 53.4% to 13.8 trillion VND (546.1 million USD).
A total of 76,179 enterprises resumed operations in Vietnam in 2024, according to the Agency for Business Registration under the Ministry of Planning and Investment.
Nearly 110,800 new enterprises with total registered capital of nearly 994.7 trillion VND (40.3 billion USD) were established in the first eight months of 2024, a year-on-year increases of 4.4% in the number of businesses and 0.7% in the capital, according to the General Statistics Office (GSO).
The Ministry of Labour, Invalids and Social Affairs (MoLISA) will conduct a wage survey at 3,400 enterprises with 6,800 labourers to serve as a foundation for the adjustment of the regional minimum wage in 2025.
Nearly 18,000 new enterprises were established in the capital city of Hanoi in the first seven months of this year, with a total registered capital of 162.1 trillion VND.
Some 51,600 new enterprises with total registered capital of nearly 508 trillion VND (20 billion USD) were established in the first four months of 2024.
The capital city of Hanoi attracted more than 1.13 billion USD of foreign direct investment (FDI) in the first four months of this year, with 73 new projects worth over 1 billion USD and 47 projects permitted to increase a combined investment capital of 79 million USD.
As many as 51,600 new enterprises with total registered capital of nearly 508 trillion VND (20 billion USD) were established in the first four months of 2024, representing year-on-year increases of 3.4% in the number of businesses and 9.3% in the capital, according to the General Statistics Office (GSO).
Nearly 160,000 new enterprises have been established in Vietnam in 2023, up 7.2% year-on-year, according to the Ministry of Planning and Investment’s Business Registration Management Agency.
A total of 5,766 new enterprises were established in the southern province of Binh Duong in the first 10 months of this year with a total registered capital of 43,155 billion VND, an increase of 3.6% in number and 21.9% in capital compared to the same period last year.
As many as 116,300 enterprises registered for establishment, up 3.1% year on year, with combined registered capital of 1,086.8 trillion VND, down 14.6% year on year, in the first nine months of 2023, the General Statistics Office (GSO) reported on September 29.
Ho Chi Minh City’s Index of Industrial Production (IIP) in August increased 6.6% over the same period last year, according to the municipal Department of Industry and Trade.
As many as 21,100 new enterprises were established in Hanoi in the first eight months of 2023, with total registered capital of 208.8 trillion VND (nearly 8.65 billion USD).
Vietnam saw 8,841 new enterprises registering a combined capital of 65.6 trillion VND (2.76 billion USD) and nearly 51,100 labourers in February, according to the General Statistics Office.
Vietnam saw over 13,000 new enterprises formed with a total registered capital of 106.9 trillion VND in October, up 13.6% in number of firms but down 21.4% in capital from the previous month.
Almost 150,000 enterprises were established or re-joined the market in the first eight months of the year, up 31 percent compared to the same period last year.
