According to information from the Ministry of Planning and Investment, the number of newly established businesses in 2016 increased by 16,2% compared to the same period last year.
According to the Ministry of Planning and Investment's 2016 investment and business data, the number of newly registered businesses in 2016 reached an unprecedented record high of 110.100, an increase of 16,2% compared to 2015. Among these, the business sectors with the highest increase in newly established businesses compared to the same period in 2015 were real estate (up 83,9%), and healthcare and social assistance activities (up 52%).
Ho Chi Minh City and Hanoi led in the number of newly established businesses, with 36.442 and 22.663 businesses respectively.
The total number of businesses established in Hanoi and Ho Chi Minh City accounted for 53,7% of the total number of newly established businesses nationwide in 2016. Following these were localities such as Binh Duong, Da Nang, Dong Nai, Hai Phong, and Khanh Hoa, which also saw a significant increase in new business establishment rates compared to the same period.
