Despite facing numerous challenges from input costs and fluctuating purchasing power, Vietnam’s business sector maintained its growth momentum in the first four months of 2026, with over 119,000 units entering and re-entering the market.

Data from the National Statistics Office (Ministry of Finance) shows that in April 2026 alone, the country recorded nearly 20,400 newly established enterprises. The most notable highlight was the quality of capital rather than just the quantity.

Although the number of new businesses decreased slightly by 7.1% compared to March 2026, registered capital increased by 9.7%, reaching nearly VND246.8 trillion ($9.36 billion). Compared to the same period last year, this breakthrough is even more apparent, with a 33.9% increase in the number of businesses and a staggering 84.6% surge in registered capital.

For the first four months of 2026, an average of 29,900 businesses were newly established or resumed operations each month. The total supplementary capital injected into the economy reached nearly VND1.9 quadrillion ($72 billion), up 4.2% compared to the same period in 2025. This indicates that investors are increasingly willing to commit larger amounts of capital to new production and business projects.

Sector-specific data for the past four months further reflects the flexibility of capital inflows in response to market demand. The service sector continued to be a magnet for investment with nearly 58,100 newly established enterprises, up 48.7% year-on-year. The industry and construction sector recorded 18,900 new businesses, a sharp increase of 56.6%, while the agriculture, forestry, and fishery sector, despite having the smallest scale (827 enterprises), achieved the highest growth rate at 66.7%.

Notably, the accommodation and food services sector saw a boom in confidence, with new establishments skyrocketing by 121.3%—a positive signal for the strong recovery of tourism and domestic consumption.

Alongside these bright spots, the market is also undergoing a rigorous "filtering" process. In the first four months, 108,900 businesses withdrew from the market, an increase of 12.8%. On average, approximately 27,200 businesses suspended operations or underwent dissolution each month.