Some 64,000 enterprises were created in the first seven months of this year with a total registered capital of nearly 497 trillion VND (22.36 billion USD), according to statistics from the GSO.
Hanoi (VNA) - Some 64,000 enterprises were created in the first seven months of this year with a total regis🌠tered capital of nearly 497 trillion VND (22.36🐼 billion USD), according to statistics from the General Statistics Office.
Newly-established firms rose by 23.3 percent in number and 54.7 percent in capital value year-on-year.
The adjusted capital in the reviewed period posted 894.9 trillion VND (40.27 billion USD), raising the total registered and adjusted capital to 1,400 trillion VND (63 billion USD).
More than 16,700 enterprises, which suspended their activities due to difficulties, have resumed operations, up 67.5 percent from the same period last year.
In July, the number of new firms exceeded 9,600 with a total registered capital of 69.2 trillion VND (3.11 billion USD), a slight decrease from June.
99,200 jobs were also created by the newly-established enterprises.
The number of businesses resuming operations exceeded 1,800 in July, while nearly 6,000 halted their operation and more than 900 firms completed procedures for dissolution or termination.-VNA
As many as 68,000 new enterprises were established in the first nine months of this year with a total capital of 420 trillion VND (18.06 billion USD), a year-on-year rise of 28.5 percent.
With 5,584 firms established in February, the country saw 13,904 new companies begin operations in the first two months of 2016, up 1 percent year-on-year, the General Statistics Office (GSO) reporte
The shortage of long-term capital coupled with low competitiveness should be blamed for the rising number of firms going bankrupt and temporarily halting operations in the first quarter of 2016.
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).
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
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.
Illustrative photo (Source: VNA)
