Vietnam's business sector shows encouraging signals of recovery following the implementation of Resolution 68. Data from the Ministry of Finance indicates that in the first six months of this year, as many as 170,000 new entities have entered the market or reactivated operations, averaging 18,000 businesses per month since May 2025. This figure reflects a significant surge, 1.6 times higher compared to the 2021-2025 period.
Despite market entry and exit dynamics, observers note that approximately 60% of businesses withdrawing are actually only temporarily suspending operations for restructuring, rather than permanently dissolving the entity. The current market entry-to-exit ratio of 1.18 is considered progress, although it remains far from the pre-pandemic ideal ratio of 3 to 4 times.
Dr. Nguyen Minh Thao, an expert from the Institute of Economic and Financial Strategy and Policy, emphasized the importance of breakthrough steps to slash administrative barriers. She suggested the need for an independent monitoring mechanism to evaluate the effectiveness of cutting business requirements. This approach is believed to be capable of reducing compliance costs, shortening procedure durations, and minimizing risks for business operators in the field.
On the other hand, the Vietnam Association of Small and Medium Enterprises (VINASME) highlighted the need for policy stability. VINASME Permanent Vice Chairman, To Hoai Nam, stressed that legal certainty and the protection of business operators' legitimate rights are key decisive factors for investors to dare to undertake long-term expansion. A transparent and predictable regulatory framework is key to building business community confidence in driving national economic growth.
