According to the Department of Business Registration Management (Ministry of Planning and Investment) of Vietnam, in 2023, the number of newly registered enterprises in the country reached 159294, an increase of 7 compared to the same period in 20222%。
This is the first time that the number of new businesses has reached a record level, approaching 160,000. The number of new establishments in 2023 is 1. higher than the average for the period 2017-20222 times, an increase of 4 compared to the expected growth in the whole of 20236%。
Since the second quarter, the number of newly registered enterprises has recovered strongly, always remaining above 40,000 enterprises, a quarterly level on record. In the fourth quarter of 2023 alone, the number of newly registered enterprises reached 42,952, a year-on-year increase of 202%。In the same period in 2022, it was 1. higher than the average quarterly growth rate for the period 2017-20223 times. The Department of Business Registration Management said.
In addition, the total amount of new registered capital of enterprises entering the market in each quarter of 2023 improved (VND 310,331 billion in the first quarter;).VND 397,126 billion in the second quarter;VND 379,319 billion in the third and fourth quarters) VND 434,483 bn).
In addition, the number of businesses that will resume business in 2023 will reach 58,412. As a result, the number of new and re-entered companies continues to reach more than 200,000 (217,706 companies), an increase of 4 compared to the same period in 20225%, which is 13 times.
This is also the second year that the number of new and re-entering the market has exceeded the 200,000 mark. Last year, that number was 208,368 businesses.
The Department of Industrial and Commercial Registration Administration said that it will simultaneously implement solutions such as reducing loan interest rates and stabilizing the foreign exchange marketPromote the disbursement of capital for public investment;Deploy credit programs to support industries and sectors;Exemptions, deferrals of taxes, fees, land use fees and business support;Removing difficulties and obstacles ...... the corporate bond and real estate marketsHelping to help business registration status continue to be a bright spot in Vietnam's economic panorama in 2023.
However, 2023 has also been a challenging year for businesses. In December 2023, 14,355 enterprises withdrew from the market across the country, an increase of 261%。For the full year, this figure was 172,578, an increase of 205%。