Vietnam Time Required to Start a Business 2019: 16 days
Vietnam's time required to start a business in 2019 is 16 days, down 5.9% from 2018. It ranks #70 of 189 countries.
Time required to start a business varies globally, highlighting efficiency in regulatory environments and economic growth potential.
Source (2019): Time required to start a business
Where Vietnam ranks (2019)
#70 of 189- #70
Micronesia (Fed. States of)16 days - #70
Tonga16 days - #70
Vietnam16 days - #75
Syrian Arab Republic15.5 days - #76
Guatemala15 days
Time Required to Start a Business over time
| Year | Value | Change | % Change | Actions |
|---|---|---|---|---|
| 2019 | 16 days | 1 days | -5.88% | |
| 2018 | 17 days | 5 days | -22.73% | |
| 2017 | 22 days | 2 days | -8.33% | |
| 2016 | 24 days | +4 days | +20.00% | |
| 2015 | 20 days | 14 days | -41.18% | |
| 2014 | 34 days | 0 days | 0.00% | |
| 2013 | 34 days | +2 days | +6.25% | |
| 2012 | 32 days | 4 days | -11.11% | |
| 2011 | 36 days | 0 days | 0.00% | |
| 2010 | 36 days | 1 days | -2.70% | |
| 2009 | 37 days | 0 days | 0.00% | |
| 2008 | 37 days | 0 days | 0.00% | |
| 2007 | 37 days | 9 days | -19.57% | |
| 2006 | 46 days | +5 days | +12.20% | |
| 2005 | 41 days | 6 days | -12.77% | |
| 2004 | 47 days | 14 days | -22.95% | |
| 2003 | 61 days | — | — |
Cite this page
Geo Factbook. (n.d.). Vietnam: Time Required to Start a Business. Retrieved November 13, 2026, from https://geofactbook.com/countries/vietnam/time-required-to-start-a-business
The figures on this page come from Time required to start a business | Doing Business project, World Bank via Our World in Data. For academic work, cite the original source as well.
Frequently Asked Questions About Vietnam Time Required to Start a Business
What is Vietnam's time required to start a business in 2019?▾
Vietnam's time required to start a business is 16 days in 2019, according to Time required to start a business | Doing Business project, World Bank via Our World in Data.
Is Vietnam's time required to start a business increasing or decreasing?▾
Vietnam's time required to start a business fell by 5.9% from 2018 (17 days) to 2019 (16 days). Over the past decade (2009–2019) it fell by 56.8%.
How does Vietnam rank for time required to start a business?▾
In 2019, Vietnam has the 70th highest time required to start a business out of 189 countries with data.
What was Vietnam's time required to start a business in 2003?▾
In 2003, Vietnam's time required to start a business was 61 days. By 2019 it fell by 73.8%.
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