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Subscription Plans

Subscribe to
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.
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Ho Chi Minh City
Sunday, July 20, 2025

Vietnam has nearly 99,000 new market entrants, re-entrants in Jan-May

By Truc Dao

Must read

HCMC – Vietnam has seen 98,825 businesses entering the market and resuming operations so far this year, a 4.1% increase against last year.

In January-May, 97,299 businesses have exited the market across the country, a 10.5% year-on-year increase.

The registered capital of newly-established businesses reached VND601,220 billion, up by 5.7% versus last year.

According to the Agency for Business Registration, out of 17 industries, 10 have experienced a surge in new market entrants. The transportation and warehousing industry has seen the most significant growth at 20.8%. Other industries such as retailing, wholesale, manufacturing, electricity, and the distribution of water and gas also expand in the number of registered businesses.

Sectors like accommodation and food services, and healthcare and social assistance have experienced the most significant decline in new business registrations, down by 15.1% and 16.2%, respectively.

The General Statistics Office of Vietnam’s latest report shows that in May 2023 alone, 13,207 new businesses have been registered, along with 6,749 businesses resuming operations. In contrast, 11,391 businesses have withdrew from the market this month.

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