On average, 6,348 enterprises returned to operation each month.
In December alone, 8,843 enterprises resumed operations nationwide, marking a 14.8% increase compared to the previous month. This brought the total number of new enterprises and those returning to operations in 2024 to 233,419 businesses.
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Workers of Ha Tay Chemical Textile Co., Ltd. produce shoes for export. |
The year also saw the establishment of 157,240 new enterprises, a 1.39% decrease year-on-year. During this period, the economy received an additional VND 3.5 quadrillion (approximately USD 140.6 billion) in registered capital, an increase of 1.17% compared to 2023.
Most newly established businesses were small-scale enterprises with capital ranging from less than 1 billion to VND 10 billion, accounting for 145,464 enterprises (92.5%), a 1.2% rise compared to the previous year.
Most newly established businesses were small-scale enterprises with capital ranging from less than 1 billion to VND 10 billion, accounting for 145,464 enterprises (92.5%), up 1.2% compared to 2023.
New firms in the service sector reached 118,840, making up nearly 75.6% of the total newly-established ones, a slight decline of 0.64% year-on-year.
There were 36,778 new firms in the industry and construction, down 3.42% compared to 2023.
Meanwhile, in 2024, 197,861 enterprises exited the market, with the majority opting for temporary suspension. In December alone, 26,418 businesses withdrew from the market.
Source: VNA