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Newly established firms rise sharply in October

October 30, 2018 by nhandan Leave a Comment

The country also witnessed 3,453 enterprises resume their operations this month, up 28% over the previous month, and 6,684 enterprises suspend their operations, down 35%, in addition to seeing 1,771 enterprises complete the dissolution procedures, down over 26% against September. In the first 10 months of this year, 109,611 enterprises have registered to set up with a total registered capital of over VND11,000 trillion (US$473 billion), up 4.3% and 9.2% respectively when compared to the corresponding period in 2017. Newly established firms also posted their total registered workers of 924,800, a decrease of 5.3% over the same period in 2017. During the 10-month period, 27,935 enterprises have resumed their operations, up 22.7% over the same period last year, while 78,404 enterprises suspended their operations, up 48.5%, and 13,307 others registered dossiers to dissolve, up 35.9%. The statistics demonstrated the confidence of enterprises in Government’s solutions on stabilising the macro-economy and improving the investment environment in addition to their optimism about large free trade agreements, including the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the EU-Vietnam free trade agreement (EVFTA).




  • Successful law firms provide both proper environment and tech tools
  • Newly-established firms need 427,900 employees
  • Number of newly-established enterprises rises nearly 28%
  • Ho Chi Minh City welcomes 23,000 newly established firms
  • Number of newly-established enterprises up 15.2% in 2017
  • Number of newly-established enterprises rises 19.7% after eight months
  • Number of newly-established firm records a surge of 20% in first 6 months
  • Bản in : Newly established firms increase 21 percent in January
  • Vietnam records nearly 9,000 newly-established firms in January
  • 2017 marks record number of newly established enterprises

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