As many as 10,954 enterprises were formed in April with total registered capital of 62.2 trillion VND (over 2.7 billion USD), according to the General Statistics Office (GSO).
More than 34,700 companies were opened in the first four months of this year, creating 427,200 jobs for local people. (Photo: VNA)
Hanoi (VNA) - As many as 10,954 enterprises were formed in April with total registered capital of 62.2 trillion VND (over 2.7 billion USD), according toඣ the General Statistics Office (GSO).
The number of newly-established businesses increased by 19.2 percent year-on-year, while the total amount of registered capital jumped 21.3 percent against the same period last year.
In the first four months of this year, 34,721 new enterprises were established with total capital of 248.2 trillion VND, a year-on-year rises of 22.9 percent and 52.8 percent, respectively.
During the reviewed period, each new company had an average investment of 7.1 billion VND, up 24.2 percent over the same period last year. The new firms are expected to employ 427,200 people.
A total of 801.5 trillion VND was added to the country’s economy.
According to the GSO, 25,135 enterprises stopped operations from January to April, meanwhile, 11,331 enterprises resumed operations.
Experts of the GSO attributed the strong increase in business numbers to more open State policies on administrative procedures.
They said that despite the high number of newly-established businesses and the strong volume of new capital added to the country’s economy, the number of jobs created in the first four months reached 472,200, or a reduction of 0.2 percent over the same period last year.
The GSO also announced that 9.59 trillion VND in State revenue in the first four months of the year was collected from personal income tax, an increase of 1.3 trillion VND compared to the same period last year.
The number indicated that the personal income had improved.
State revenue collected from non-governmental and foreign direct investment companies totalled 17.4 trillion VND and 17.6 trillion VND, a year-on-year rise of 30.5 percent and 16.5 percent, respectively.-VNA
Vietnam saw 8,320 new enterprises begin operations, with total capital of 59.3 trillion VND (2.7 billion USD) in the first month of this year, according to the General Statistics Office (GSO).
Vietnam's retail sales of goods and services were estimated at 297.7 trillion VND (13.4 billion USD) in January, up 11.7 percent from the same period last year.
Vietnam has challenges to tackle if it wants to achieve economic targets and deeply integrate into the world's economy in the context of new trade agreements.
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.
More than 34,700 companies were opened in the first four months of this year, creating 427,200 jobs for local people. (Photo: VNA)
