Although the amount of new enterprises was somewhat lower than that in the same period last year, (1,4% less), their capital was significantly higher (27,5%) the Ministry indicated.

The capital increases to 42 billion if those incorporated by another 9,600 firms that were already in operation are added.

Another sign of recovery of the private companies as the country overcomes the impacts of the Covid-19 pandemic is the return to the productive life of 14,700 companies that were in break due to financial, operational or bureaucratic difficulties.

Vietnam aims to have 1,5 million private enterprises by 2030, fully sustainable and capable of employing 10% of workers.

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