Vietnam business formation January data showed a surge in activity as nearly 24,200 new firms were registered and more than 24,500 businesses resumed operations, signalling improving confidence as the economy recovers, official data showed. Total registered capital for new firms rose to VND180.9tr (USD7.1tr), while registered employment increased to about 108,200, the National Statistics Office said. However, average capital per newly formed company fell to VND7.5bn, and addi