New businesses registered (number) in Vietnam
Vietnam: New businesses registered (number) was 136,757 number in 2024. ▲ Rising
New businesses registered in Vietnam, 2011–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in number.
Analysis
The most recent figure for new businesses registered in Vietnam is 136,757 number, measured in 2024.
That represents a change of down 0.4% on the previous year and up 140.2% over ten years.
Over the whole period, new businesses registered in Vietnam peaked at 137,271 number in 2023 and was at its lowest, 51,382 number, in 2012.
Vietnam ranks 13th of 177 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 14 years of available data.
New businesses registered (number) in Vietnam, year by year
| Year | number | Change |
|---|---|---|
| 2011 | 54,756 number | — |
| 2012 | 51,382 number | -6.2% |
| 2013 | 56,370 number | +9.7% |
| 2014 | 56,928 number | +1.0% |
| 2015 | 73,817 number | +29.7% |
| 2016 | 87,346 number | +18.3% |
| 2017 | 102,447 number | +17.3% |
| 2018 | 106,931 number | +4.4% |
| 2019 | 111,338 number | +4.1% |
| 2020 | 111,477 number | +0.1% |
| 2021 | 94,243 number | -15.5% |
| 2022 | 122,487 number | +30.0% |
| 2023 | 137,271 number | +12.1% |
| 2024 | 136,757 number | -0.4% |
Vietnam compared with similar countries
- Vietnam's 136,757 number is above the median for upper middle income countries, which is 8,806 number, 15.5× the median. (52 countries reporting)
- Vietnam's 136,757 number is above the median for East Asia & Pacific, which is 16,144 number, 8.5× the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 77,924 number | 51,382 number | 111,338 number | 9 |
| 2020s | 120,447 number | 94,243 number | 137,271 number | 5 |
Countries ranked near Vietnam
More private sector data for Vietnam
- Merchandise trade 180.0% (2025)
- Food imports 8.8% (2023)
- Manufactures imports 74.7% (2023)
- Merchandise imports 453.78 billion current US$ (2025)
- Food exports 9.4% (2023)
- Manufactures exports 85.0% (2023)
- Merchandise exports 472.93 billion current US$ (2025)
- Merchandise exports (current US$), per capita 4,655 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.9188 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 16.82 % change on previous year (2025)
Frequently asked questions
- What is new businesses registered in Vietnam?
- New businesses registered in Vietnam was 136,757 number in 2024, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new businesses registered recorded in Vietnam?
- The highest recorded value was 137,271 number in 2023.
- What is the lowest new businesses registered recorded in Vietnam?
- The lowest recorded value was 51,382 number in 2012.
- How does Vietnam rank for new businesses registered?
- Vietnam ranks 13th out of 177 countries with data for 2024.
- Is new businesses registered rising or falling in Vietnam?
- Over the last ten years it is up 140.2%. The long-run trend across the full record is rising.
- Where does this Vietnam data come from?
- The figures come from Entrepreneurship Database, World Bank (WB), published as part of New businesses registered (number). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
New businesses registered are the number of new limited liability corporations (or its equivalent) registered in the calendar year.