Which region attracts the most businesses in the country?

Article - Which region attracts the most businesses in the country? Vùng nào thu hút nhiều doanh nghiệp nhất cả nước?

Which region attracts the most businesses is one of the topics that business owners and investors are most interested in. The official report of the General Statistics Office of Vietnam 2021 has been published, showing that: by region, the number of businesses and workers has grown rapidly in the Red River Delta and the Southeast region, where the two largest economic centers of the country are concentrated, Ho Chi Minh City and Hanoi.

Which region attracts the most businesses in the country


Which region attracts the most employees in the country

In particular, the Southeast region is the economic locomotive, as of December 31, 2020, this region has the largest number of businesses in the country with 281.1 thousand businesses, accounting for 41.1% of the total number of businesses in the whole country, increased 32.2% compared to 2016; attracting 5.4 million employees, accounting for 36.6% of the total number of employees working in the enterprise, up 1.5% compared to 2016.

The Red River Delta region is the second largest economic center in the country with 216.8 thousand businesses, accounting for 31.7% of the total number of businesses in the country, an increase of 36.8% compared to 2016; attracting 4.9 million employees, accounting for 33.2%, up 6.9% compared to 2016.

Next, the North Central and Central Coast regions had 89.2 thousand businesses, accounting for 13.0%, up 39.7% compared to 2016, attracting 1.7 million employees, accounting for 11.4% , up 2% compared to 2016.

Ranked fourth is the Mekong River Delta region with 50.9 thousand businesses, accounting for 7.4%, up 36.3% compared to 2016, attracting 1.2 million employees, accounting for 8.1%, up 8.6% compared to 2016.

The Northern Midlands and Mountains region ranked 5th with 28.1 thousand businesses, accounting for 4.1%, up 43.4% compared to 2016, attracting 936.1 thousand employees, accounting for 6.4%, 14.3% increase compared to 2016.

Finally, the Central Highlands has 17.9 thousand businesses, accounting for 2.6%, up 38.0% compared to 2016, attracting 226 thousand employees, accounting for 1.5%, down 6% compared to 2016.

Thus, in the period 2016-2020, each region attracts businesses in its own ways, in which business owners and investors can rely on statistics to establish effective business plans.

Source: Foreign Investment Agency – Ministry of Planning and Investment

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