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The Index of Industrial Production (IIP) rose 7.8% year-on-year
36,400 new enterprises established in Q1
Anh Nhi | 04/08/2025
Total reigistered capital reaching nearly VND356.8 trillion ($13.7 billion).
Around 36,400 new enterprises were established in the first quarter of 2025 with total registered capital of nearly VND356.8 trillion ($13.7 billion), figures from the National Statistics Office show.
The figures represent a year-on-year reduction of 4% in the number of businesses and an increase of 1.3% in registered capital.
In March alone, there were more than 15,600 newly-established enterprises with total registered capital of over VND126.3 trillion ($4.8 billion).
The three-month period saw more than 36,500 enterprises resuming their operations, skyrocketing 54.8% year-on-year.
Meanwhile, a total of 61,400 enterprises registered for a temporary suspension of operations in the first quarter, rising 15.1% year-on-year; nearly 11,500 firms ceased operations while waiting to complete dissolution procedures, down 26.1%; and nearly 5,900 enterprises were dissolved, up 23%.
Source: Vneconomy
