As Vietnam is pursuing the twin targets of disease prevention and economic development, the number of new enterprises and those resuming operation has bounced back in recent months.
Hanoi (VNA) – As Vietnam is pursuing the twin targets of diseaseprevention and economic development, the number of new enterprises and those resumingoperation has bounced back in recent months.
According to the General Statistics Office (GSO), the numberof the newly-established firms in November rose by 7.3 percent month-on-monthand 6.7 percent year-on-year, while that of the firms reopened increased by 5.4percent m-o-m and 59.8 percent y-o-y.
Of note, the overall capital of new enterprises last monthjumped 72 percent against that of the previous month and 103.5 percent againstthe same month of last year.
In the first 11 months of 2020, Vietnam reported nearly124,300 newly-established enterprises which register a combined capital of 1.878quadrillion VND (81 billion USD) and employ 970,000 labourers in total, down1.9 percent in the number of firms, up 19.3 percent in registered capital, anddown 14.7 percent in the number of employees year-on-year.
In the period, 40,800 businesses resumed operations, up 10.7percent year-on-year.
However, nearly 93,500 enterprises halted their operation inthe period.
Head of the GSO Industrial and Construction StatisticalDepartment Pham Dinh Thuy advised enterprises to find more business partners,solve difficulties and promote the efficiency of their investments.
He proposed issuing policies encouraging or limiting theimport of several commodities in accordance with the domestic production situationand demand./.
E-commerce offers businesses, especially small and medium-sized enterprises (SMEs), a direct reach to international customers, boosts their sales, speeds up the marketing process and saves costs, experts have said.
German newspaper Neues Deutschland (New Germany) published an article on November 28 by Julia Behrens highlighting Vietnam's rapid response to the COVID-19 pandemic as well as the fact that the Vietnamese government has put the health of the people ahead economic benefits.
Foreign direct investment pledges for Ho Chi Minh City fell 30.5 percent year-on-year to 3.8 billion USD during January-November, according to the municipal statistics bureau.
Vietnam seems to be an only bright spot in Asia, which ably balanced public health and economics right from the onset of the COVID-19 pandemic, according to Manila Times of the Philippines.
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.
Illustrative image (Source: VNA) 
