Starting a business: Procedures required - Men in Vietnam

Vietnam: Starting a business: Procedures required - Men was 8 number in 2019. ▼ Falling

Latest (2019)
8 number
Change on year
unchanged
World rank
44th
of 188 countries
All-time high
11 number
in 2003
All-time low
8 number
in 2018
Years of data
17
2003–2019

Starting a business: Procedures required - Men in Vietnam, 2003–2019

02.557.5102003201120192003: 11 number2004: 10 number2005: 10 number2006: 10 number2007: 10 number2008: 10 number2009: 10 number2010: 9 number2011: 9 number2012: 9 number2013: 9 number2014: 9 number2015: 9 number2016: 9 number2017: 9 number2018: 8 number2019: 8 number

Source: World Bank. Measured in number.

Analysis

In 2019, starting a business: procedures required - men in Vietnam stood at 8 number. That is the lowest value across all 17 years on record.

The figure is down 20.0% over ten years.

Over the whole period, starting a business: procedures required - men in Vietnam peaked at 11 number in 2003 and was at its lowest, 8 number, in 2018.

That places Vietnam 44th out of 188 countries with data for 2019, putting it in the top quarter.

The long-run direction has been consistently falling across the 17 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 10.14 number 10 number 11 number 7
2010s 8.8 number 8 number 9 number 10

Countries ranked near Vietnam

  1. 44 Japan 8 number compare
  2. 44 Angola 8 number compare
  3. 44 Austria 8 number compare
  4. 44 Bhutan 8 number compare
  5. 44 Chad 8 number compare
  6. 44 Ghana 8 number compare
  7. 44 Guinea-Bissau 8 number compare
  8. 44 Iraq 8 number compare
  9. 44 Lebanon 8 number compare
  10. 44 Malaysia 8 number compare
  11. 44 Mongolia 8 number compare
  12. 44 Montenegro 8 number compare
  13. 44 Nepal 8 number compare
  14. 44 Palau 8 number compare
  15. 44 Peru 8 number compare
  16. 44 Qatar 8 number compare
  17. 44 Suriname 8 number compare

See the full ranking of 190 places →

More private sector data for Vietnam

All data for Vietnam →

Frequently asked questions

What is starting a business: procedures required - men in Vietnam?
Starting a business: procedures required - men in Vietnam was 8 number in 2019, according to the World Bank.
What is the highest starting a business: procedures required - men recorded in Vietnam?
The highest recorded value was 11 number in 2003.
What is the lowest starting a business: procedures required - men recorded in Vietnam?
The lowest recorded value was 8 number in 2018.
How does Vietnam rank for starting a business: procedures required - men?
Vietnam ranks 44th out of 188 countries with data for 2019.
Is starting a business: procedures required - men rising or falling in Vietnam?
Over the last ten years it is down 20.0%. The long-run trend across the full record is falling.
Where does this Vietnam data come from?
The figures come from the World Bank, published as part of Starting a business: Procedures required - Men (number). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Starting a business: Procedures required - Men (number)
Unit
number
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 3,083 data points, 2003–2019
Last refreshed

The number of procedures for men records all the procedures required in practice for five male married entrepreneurs to start and operate a local limited liability company. A procedure is de?ned as any interaction of the company founders with external parties. Both pre- and post-incorporation procedures that are officially required or commonly done in practice are recorded.