Business entries pick up in January, headwinds persist

VOV.VN - The number of businesses entering and re-entering the market in January 2026 rose sharply from a year earlier, signaling economic recovery, though a high level of suspended operations shows cost and market pressures remain.

According to the National Statistics Office under the Ministry of Finance, nearly 24,200 new firms were established nationwide in January, with total registered capital of VND180.9 trillion and almost 108,200 registered employees. Compared with December 2025, the number of new corporate entities increased by 40.9%, registered capital rose by 9%, and employment grew by 7.5%.

Average registered capital per newly formed business stood at VND7.5 billion, down 22.6% from the previous month and 15.2% from a year earlier. Meanwhile, additional registered capital injected by existing enterprises totaled nearly VND358.1 trillion in January, a slight decline of 2.5% year on year.

More than 24,500 companies resumed operations during the month, up 146.2% from December and 7.6% compared with January 2025. As a result, the total number of newly-registered and reactivated firms reached nearly 48,700, representing a 45.6% increase year on year.

By sector, 304 new enterprises were set up in agriculture, forestry and fisheries, up 169% year on year. The industry and construction sector recorded 5,480 new firms, an increase of 115.4%, while the service sector added nearly 18,400 businesses, up 129.9%.

In contrast, nearly 54,300 industry players registered for temporary suspension of operations in January, 11.8 times higher than the previous month and up 2.8% year on year. Some 7,303 businesses ceased operations pending dissolution, while 4,609 firms completed dissolution procedures.

Overall, January’s figures point to a clear recovery in business formation and reactivation, reflecting improving confidence amid a relatively stable macroeconomic environment.

Nevertheless, the continued high number of suspended and dissolved businesses highlights the limited resilience of many firms, particularly small and medium-sized enterprises (SMEs), under pressure from input costs, interest rates, weak demand, and constrained access to capital.

This underscores the need for further improvements in the investment and business environment, including institutional reforms, easier access to credit, and lower compliance costs to support a more sustainable recovery through the remainder of 2026.

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