In November, Vietnam’s other service activities sector registered 1 new project with US$1.3 million in newly registered capital, according to Vietnam’s Ministry of Planning and Investment. This marks a 19.25 percent increase compared to October, which recorded 1 new project and US$1.1 million in newly registered capital.
Year-to-date (YTD), the sector has attracted a total of 6 new projects with US$168.9 million in newly registered capital, showing growth throughout the year.
The other service activities sector in Vietnam includes a wide range of services such as consulting, professional services, and other business support functions. This sector plays an essential role in enhancing the operational efficiency of businesses across various industries.
Key foreign firms in the sector include companies like McKinsey & Company, Accenture, and PwC, which are actively involved in consulting, professional services, and market research activities in Vietnam.
Despite the small number of new projects in November, the other service activities sector continues to show strong growth potential, with significant contributions to Vietnam’s overall economy.
See also: Human Resources in Vietnam