The number of companies set up during the first 11 months of this year was down year-on-year but total registered capital increased, according to the General Statistics Office.
Noticeable increases in the number of enterprises that were newly established or restarted operation were recorded in October in comparison to September, signaling a recovering post-pandemic market.
As of the beginning of October, Ho Chi Minh City has licensed nearly 30,000 new businesses with combined registered capital totaling VND667 trillion (US$28.64 billion), according to the municipal Department of Planning and Investment.