New businesses registered — all countries

New businesses registered — Vietnam

New businesses registered in Vietnam in 2024 — 136,757 companies. Ranked 12 in the world out of 134. Since 2011, the indicator has risen by 149.8%.

2024 136,757 companies −0.37% vs 2023
World rank 12of 134
Period maximum 137,271 companies2023
Period minimum 51,382 companies2012

Trend over time

2011–2024 · companies

New businesses registered — Vietnam, 2011–202450,00075,000100,000125,000150,000201120132015201720192021202320242011: 54,756 companies2012: 51,382 companies2013: 56,370 companies2014: 56,928 companies2015: 73,817 companies2016: 87,346 companies2017: 102,447 companies2018: 106,931 companies2019: 111,338 companies2020: 111,477 companies2021: 94,243 companies2022: 122,487 companies2023: 137,271 companies2024: 136,757 companies
Change over the period: +82,001 (+149.76%) Average annual rate: 7.29 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Vietnam

Vietnam 136,757 companies
South-Eastern Asia computed 570,794 companies
New businesses registered — Vietnam, by year Vietnam All countries CSV XLSX
Year companies Change Change, %
2024 136,757 −514 −0.37%
2023 137,271 +14,784 +12.07%
2022 122,487 +28,244 +29.97%
2021 94,243 −17,234 −15.46%
2020 111,477 +139 +0.12%
2019 111,338 +4,407 +4.12%
2018 106,931 +4,484 +4.38%
2017 102,447 +15,101 +17.29%
2016 87,346 +13,529 +18.33%
2015 73,817 +16,889 +29.67%
2014 56,928 +558 +0.99%
2013 56,370 +4,988 +9.71%
2012 51,382 −3,374 −6.16%
2011 54,756

About the indicator

The number of newly registered limited liability companies over a year. Only they are counted: sole proprietorships, partnerships and cooperatives do not enter, so in countries where small business prefers simpler legal forms the indicator understates entrepreneurial activity.

Important: Limited liability companies only. Registration is not the start of activity: some registered companies never begin to operate.

Source: World Development Indicators (World Bank), license CC BY 4.0.