As of December 31, 2020, Vietnam counted 683,600 operational enterprises. (Photo: VNA)
Hanoi (VNA) – As of December 31, 2020,Vietnam counted 683,600 operational enterprises, up 35.3 percent from 2016, the2021 economic census revealed.
According to the census whose preliminary resultswere announced by the General Statistics Office (GSO) under the Ministry ofPlanning and Investment on January 11, during the 2016-2020 period, the numberof firms increased 7.9 percent each year, still lower than the average of 8.7percent recorded between 2011 and 2016.
In 2020, the businesses employed more than 14.7million labourers, a rise of 4.7 percent from 2016. In the 2016-2020 period, the number of workhands expanded by 1.2 percent, lower than the 5.1 percent in 2011-2016.
Cooperatives saw a sharp increase in its number buta noted drop in workforce, with nearly 15,300 units nationwide in 2020, up17.5 percent from 2016, and 169,600 employees, down 15.6 percent.
In 2020, there were nearly 5.2 million private business and production establishments, up 5.7 percent from 2016. However, theyearly increases of 1.4 percent and 0.7 percent in the numbers of establishmentsand labourers during the 2016-2020 period were much lower than the hikes of 3.0percent and 1.8 percent, respectively, in 2011-2016, and 4.4 percent and 5.6percent in 2006-2011.
At the ceremony to announce the census. (Photo: VNA)
The census also found decreases in the numbers of non-businessunits and non-governmental organisations. However, religious establishments maintained its growth in terms of both quantity and workforce.
Nguyen Trung Tien, GSO deputy head and member of thesteering board of the central economic census, said the office is working toannounce the official results of the census as soon as possible.
Also on January 11, it released preliminaryresults of the 2021 administrative census that showed that Vietnam had 32,300administrative establishments as of late 2020, down 7.25 percent comparedwith 2016.
The official results are expected to be publicisedin the second quarter of this year.
The census aims to collect information about administrativeunits and their staff, as well as their budget spending and collection toreview, adjust and supplement management policies and planning schemes, said DeputyMinister of Home Affairs Nguyen Trong Thua./.
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.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
As of December 31, 2020, Vietnam counted 683,600 operational enterprises. (Photo: VNA) 
At the ceremony to announce the census. (Photo: VNA) 
