Vietnam: time required to start a business

In 2019, the number of days required to start a business in Vietnam decreased by one day (-5.88 percent) since 2018. Therefore, 2019 marks the lowest number of days required during the observed period.
The time required to start a business is the number of calendar days needed to complete the procedures to legally operate a business, regardless of cost.

Find more key insights for the number of days required to start a business in countries like Myanmar and Cambodia.

Time required to start a business in Vietnam from 2010 to 2019 (in days)

Characteristic	Time required to start a business in days
2019	16
2018	17
2017	22
2016	24
2015	20
2014	34
2013	34
2012	32
2011	36
2010	36

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Release date

March 2024

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Region

Asia, Vietnam

Survey time period

2010 to 2019

Supplementary notes

As per the source, the number of calendar days needed to complete all required procedures to legally operate a commercial or industrial firm are recorded by this indicator. Requirements may include obtaining necessary licenses and permits as well as completing any required.

The source did not provide a date of publication. The date used here is the access date.

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