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The Saigon Times

Saigon Times Group is a leading Vietnamese media organization with prestigious business and consumer publications. After three decades of development, we have built a good reputation through our publications on economy, business and markets for Vietnamese and foreign readers.

Basic

Free

  • Free access to daily domestic news, podcasts and videos

Premium

$5 $1 /month
(VND 23,900)
Monthly Annual

  • Unlimited access to domestic news, podcasts, videos and magazine articles on current social / economic / trade / investment issues, commodity / financial/securities markets, M&A activity, FDI, local and foreign business communities and more.

AUTOMATIC RENEWAL REMINDER

  • Your payment method will then be automatically charged ₫ 899.000 every 365 days thereafter.
  • Your subscription will continue until you cancel.
  • You can cancel by using My account. Under My account, select "Unsubscribe" and then follow the instructions to cancel.
  • You can notify us of your intent to cancel at any time during your billing period. Cancellations take effect at the end of your current billing period.
28.9 C
Ho Chi Minh City
Tuesday, July 22, 2025

Nearly 12,000 firms established in November

By T.Dao

Must read

HCMC – November saw 11,943 new enterprises established nationwide with total pledged capital of VND104.49 trillion, rising by 0.3% in number but down 30.3% in capital year-on-year, according to the General Statistics Office.

The new market entrants registered to employ 74,000 workers, falling by 3.4% over the same period in 2021.

In particular, the number of newly-established firms in November in the Red River Delta rose by 8.4% over a year ago.

Meanwhile, the southeastern region had a slight increase of 2.4%.

Between January and November, 137,764 new businesses were established, while 56,935 resumed operations after a hiatus.

Still, some 132,000 enterprises had pulled out of the market in the year to November, with 70,000 firms suspending operations.

The rest halted their operations pending dissolution or completion of procedures for disbandment.

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