Nearly 160,000 new firms established in Vietnam in 2023
Nearly 160,000 new enterprises have been established in Vietnam in 2023, up 7.2% year-on-year, according to the Ministry of Planning and Investment’s Business Registration Management Agency.
Number of newly-established firms up 21.7% in October
Vietnam saw over 15,400 newly-established enterprises with total registered capital of 125.8 trillion VND (5.1 billion USD) and a registered workforce of 131,600 in October, up 21.7% in the number of firms, 7.4% in capital and 64.3% in the number of labourers over the previous month, according to the General Statistics Office (GSO).
Record rise seen in number of new, resuming firms in 8 months
Record rise was seen in the number of newly-established firms and those returning to the market in the first eight months of this year thanks to a surge in August’s figures, according to the Business Registration Agency under the Ministry of Planning and Investment.
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