Vietnam: number of new businesses for services sector 2019

In 2019, the number of newly established businesses for the services sector reached about 99.55 thousand. In that year, the highest number of new businesses was established for wholesale and retail services with around 46.11 thousand new enterprises.

Number of newly established businesses for the services sector in Vietnam from 2016 to 2019 (in 1,000s)

Characteristic	Number of registrations in thousands
2019	99.55
2018	94.7
2017	90.97
2016	77.5

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Release date

April 2020

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Region

Vietnam

Survey time period

2016 to 2019

Supplementary notes

Figures refer to the total services sector, including wholesale and retail, transportation and storage, accommodation and food, information and communication, finance, banking and insurance, real estate, professional, scientific and technical activities, human health and social work, education, administration and support as well as arts, entertainment and recreation.

Figures have been rounded.

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