According to the National Statistics Office (NSO) under the Ministry of Finance, Vietnam saw the establishment of 36,400 new enterprises in the first quarter of 2025, with total registered capital approximating VND356.8 trillion (US$13.7 billion).

While the number of new businesses declined by 4% year-on-year, the total registered capital rose slightly by 1.3%. The average registered capital per new enterprise stood at VND9.8 billion, up 5.5% from a year earlier.

Between January and March, 36,500 businesses resumed operations, marking a substantial year-on-year increase of 54.8%.

Newly established firms and those resumping operations in Q1 totalled more than 72,900, up 18.6%. On average, over 24,300 companies were either newly founded or returned to the market each month.

In March alone, 15,600 new enterprises came into being, with total capital of VND126.3 trillion, representing a 54.2% increase in the number of businesses but a 7.4% decrease in registered capital compared to February. Compared to the same period last year, the number of new businesses rose by 3.4% while their capital dropped 4.7%.

Also in March, 9,100 businesses resumed operations, up 29.3% from the previous month and more than three times higher than the same period last year.

Meanwhile, 4,392 companies temporarily suspended operations, up 6.1% year-on-year. Additionally, 2,137 others completed dissolution procedures in March, a sharp increase of 54.4% compared to March 2024.

In Q1 of 2025, a total of 61,400 businesses temporarily suspended operations, rising 15.1% year-on-year. Meanwhile, around 11,500 firms ceased operations while awaiting dissolution, down 26.1%. Nearly 5,900 businesses completed dissolution procedures, up 23% from a year earlier. On average, nearly 26,300 companies exited the market each month.

To support business development, Phi Thi Huong Nga, head of the NSO’s Industry and Construction Statistics Department, emphasised the need to facilitate the green economy, circular economy, e-commerce, and new business models.

She also highlighted the importance of helping businesses adopt artificial intelligence, digital transformation, and green transition, and engage in the creative and sharing economies. Support should be prioritised for such sectors as wholesale and retail, processing and manufacturing, tourism, and logistics.

Nga stressed the necessity for the Government to implement breakthrough policies to attract top-tier talent, especially foreign and overseas Vietnamese experts, to contribute to Vietnam’s innovation, science, and technology advancement.

Looking ahead, the Ministry of Finance plans to pushing ahead with administrative reforms in 2025. It will also advise the Government and Prime Minister about simplifying and reducing regulatory procedures related to business operations, with the goal of making it easier for enterprises and investors to enter and operate in the Vietnamese market legally and efficiently.

62,000 new enterprises established during five-month period

VOV.VN - More than 61,900 first were established in Vietnam with a total registered capital of VND568.7 trillion during the first five months of the year, marking a decline of 1.6% in the number of enterprises, and 25.3% in terms of registered capital on-year, according to figures given by the General Statistics Office (GSO).