The report said 102,300 businesses roared back to life last year, up a robust 34.3% from the previous year. The total number of new and reactivated firms reached 297,500, up 27.4% year on year. That translates to roughly 24,800 firms entering or re-entering the market every month, with new ventures maintaining an average registered capital of VND9.8 billion, steady from 2024.

December alone delivered a particularly strong finish: nearly 17,200 new companies were born, carrying VND166 trillion in registered capital and planning to hire 100,600 workers. Those figures marked gains of 13.9% in count, 3.4% in capital, and 20.8% in jobs from November, and explosive year-on-year leaps of 71.6%, 72.2%, and 5.1%, respectively.

The average capital per new December entrant clocked in at VND9.7 billion, slipping 9.2% from the prior month yet edging 0.3% higher than the year before. Meanwhile, nearly 10,000 dormant businesses rebooted in the month, climbing 3% sequentially and 12.7% from December 2024.

For the full year, Vietnam welcomed 195,100 newly registered enterprises boasting a combined VND1.92 quadrillion in capital and committing to 1.15 million jobs, delivering twin 24.1% increases in registrations and funding, plus a 15% boost in planned employment over 2024.

Exits stayed elevated, however. In December, 4,594 firms filed for temporary suspension, down 5.5% from November but up 9.7% annually. Another 12,608 stopped operations pending dissolution, while 5,045 completed the process, surging 25.4% monthly and 115.1% year-on-year.

Across 2025, 114,400 companies temporarily halted operations, up 14.3%; 76,900 paused pending formal closure, up 0.9%; and 35,900 fully dissolved, rocketing 66.1%. That averaged roughly 18,900 monthly market exits.

To support production and trade, head of the NSO’s Department of Industrial and Construction Statistics Phi Thi Huong Nga called for turbocharging green and circular economies, e-commerce and new business models. She also highlighted the need to help firms access and adopt artificial intelligence, digital transformation and green transition, while nurturing circular, creative and sharing economies.

Priority support should target emerging business models in wholesale and retail, manufacturing and processing, tourism and logistics, she said.

Separately, a Ministry of Finance official demanded swift action on obstacles around institutional framework; access to land, resources and minerals, borrowing costs and skill training, alongside faster administrative reforms to slash processing times and compliance costs.

PMI rises for fifth consecutive month with continued manufacturing growth

VOV.VN - Vietnam’s Manufacturing Purchasing Managers’ Index (PMI) reached 53.8 points in November, slightly below October but still above the 50-point mark, signaling continued improvement in business conditions and marking five months of sustained recovery, according to S&P Global’s latest report.