According to the General Statistics Office (Ministry of Finance), over 48,700 businesses completed dissolution procedures in the first nine months of 2026, an increase of 118.8% compared to the same period last year.

During the same period, nearly 89,800 businesses temporarily suspended operations, a decrease of 9.7%. Approximately 33,500 businesses ceased operations pending dissolution procedures, down 37%. On average, 19,100 businesses exited the market each month, encompassing all three groups.

Wholesale, retail, and repair of oto and moto saw the highest number of completed dissolutions among surveyed sectors, with 18,579 units, an increase of 129%. The manufacturing and processing industry had 5,253 dissolved businesses, up 114.8%. Construction recorded 3,646 units, an increase of 128.2%.

In the real estate sector, 2,813 businesses completed dissolution, an increase of 123.3%. The number of dissolved businesses in transportation, warehousing, accommodation, and food services also more than doubled.

Conversely, nearly 149,700 new businesses were established nationwide, an increase of 3.2%. Total registered capital reached approximately 1.88 million ty dong, up 32.7%, but the number of registered employees decreased by 16.1%, to over 733,100 people.

The average registered capital per new business reached 12.6 ty dong, an increase of 28.5%. This represents registered capital and does not reflect the actual amount invested in production and business activities.

Additionally, nearly 74,300 businesses resumed operations, a decrease of 14%. Overall for the nine months, more than 223,900 businesses were either newly established or re-entered the market, a decrease of 3.2%. On average, approximately 24,900 businesses joined the market each month.

The number of new businesses increased by 10-53% in sectors such as construction, transportation, warehousing, accommodation, and food services. However, wholesale, retail, and repair of oto and moto saw a 3.4% decrease; the manufacturing and processing industry decreased by 0.5%.

Chart: Phuong Dung

For september alone, nearly 11,600 new businesses were established, a decrease of 31.1% compared to the same period last year. Approximately 8,700 businesses resumed operations, down 18.9%.

A survey of manufacturing and processing businesses by the statistics agency indicates more positive expectations for Quarter IV. 39.2% of businesses forecast improved production and business conditions compared to Quarter III; 44.7% expect stability, and 16.1% anticipate greater difficulties.

Regarding orders, 37.3% of businesses expect new orders to increase in Quarter IV, while 14.4% forecast a decrease. For export orders, the corresponding percentages are 30.8% and 15%.

In Quarter III, 34.2% of businesses assessed their business situation as better than the previous quarter, 45.7% reported stability, and 20.1% indicated difficulties.

Achieving the double-digit annual growth target remains a significant challenge, requiring approximately 12.5% growth in Quarter IV. To support production and business, at the government meeting on 3/10, the Ministry of Finance stated it would submit a decree to the government to reduce payable taxes by 30% for businesses and household enterprises with annual revenue not exceeding 10 ty dong.

The Ministry also proposed increasing access to capital for small and medium-sized enterprises, supporting the textile, garment, footwear, and wood industries to maintain orders, diversify markets, and capitalize on the year-end consumption season.

Phuong Dung