New businesses registered in Vietnam

Vietnam: New businesses registered was 136,757 number in 2024. ▲ Rising

Latest (2024)
136,757 number
Change on year
down 0.4%
World rank
13th
of 176 countries
All-time high
137,271 number
in 2023
All-time low
51,382 number
in 2012
Years of data
14
2011–2024

New businesses registered in Vietnam, 2011–2024

050.0k100.0k150.0k2011201720242011: 54.8k number2012: 51.4k number2013: 56.4k number2014: 56.9k number2015: 73.8k number2016: 87.3k number2017: 102.4k number2018: 106.9k number2019: 111.3k number2020: 111.5k number2021: 94.2k number2022: 122.5k number2023: 137.3k number2024: 136.8k number

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 176 countries on this measure, in the top 10%.

The long-run direction has been consistently rising across the 14 years of available data.

Averages by decade

DecadeAverage LowestHighest 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

  1. 10 Hong Kong 145,053 number compare
  2. 11 Saudi Arabia 141,067 number compare
  3. 12 Nigeria 136,961 number compare
  4. 14 Canada 131,783 number compare
  5. 15 South Korea 128,455 number compare
  6. 16 Chile 123,159 number compare

See the full ranking of 176 places →

More private sector data for Vietnam

All data for Vietnam →

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 176 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

Indicator
New businesses registered (number)
Unit
number
Source
Entrepreneurship Database, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
176 places, 2,895 data points, 2006–2024
Last refreshed

New businesses registered are the number of new limited liability corporations (or its equivalent) registered in the calendar year.