Nearly 99,000 businesses established in nine months
Nearly 99,000 new enterprises were established in the first nine months of this year, a year-on-year fall of 3.2 percent, according to the General Statistics Office (GSO).
Nearly 99,000 new enterprises were established in the first nine months of this year, a year-on-year fall of 3.2 percent. (Photo: VNA)
Hanoi (VNA) – Nearly 99,000 new enterprises were established inthe first nine months of this year, a year-on-year fall of 3.2 percent,according to the General Statistics Office (GSO).
The firms registered to invest a total capital of more than 1.4 quadrillion VND(60.56 billion USD), and hire 778,000 labourers, up 10.7 percent and down 16.3percent as compared to the same time last year.
The average registered capital of each new business was at 14.4 billion VND, ayear-on-year surge of 14.4 percent.
Meanwhile, 29,500 operating enterprises registered to increase capital by 2.1quadrillion in total for their business. As a result, the domestic economyreceived a total capital of more than 3.6 quadrillion VND from newlyestablished and existing businesses this year, expanding 19.2 percent year onyear.
In three quarters, 34,600 companies resumed operation, up 25.5 percent from thesame time in 2019.
Additionally, there were 38,600 businesses temporarilysuspending operations, a surge of 81.8 percent compared to the previous year;while about 27,600 enterprises were waiting for dissolution procedures andnearly 12,100 completed dissolution procedures, down 2.4 percent and up 0.1percent, respectively.
A survey on business trends of enterprises in the processing and manufacturingsector in the third quarter showed that 32.2 percent of businesses had betterbusiness performance than the previous quarter. About 32 percent of surveyedfirms had difficulties in production and business, and 36 percent had stableoperation.
Up to 45.6 percent of enterprises felt upbeat about their business in the quarter,19 percent forecast difficulties, and 35.4 percent believed they would have stablebusiness and operation./.
Vietnam’s beer market is forecast to see big opportunities this year, as the country has always been held great potential for domestic and foreign beer enterprises. Fierce competition is incoming, as more foreign brands are looking to tap the market.
Vietnam had more than 75,200 newly registered enterprises in the first seven months of this year, a 5.1 percent decrease compared to the same period last year.
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PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Nearly 99,000 new enterprises were established in the first nine months of this year, a year-on-year fall of 3.2 percent. (Photo: VNA) 
