Number of new businesses in Vietnam hits record high in June

Production at a factory of An Phat Garment JSC. There were 13,904 newly established enterprises in June 2023, an increase of 4.8 per cent over the same period in 2022. - VNA/VNS

HANOI (Vietnam News/Asia News Network): Vietnam saw a record-high number of new business registrations, including those resuming operations, in June, according to the Department for Business Registration Management under the Ministry of Planning and Investment.

This is a positive signal seeing as firms are still facing many difficulties in production and business activities, the department said.