Over VND534 trillion has been pumped into the national economy thanks to the establishment of more than 18,000 enterprises and the capital expansion of nearly 6,000 others over the first two months of 2018.
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According to the General Statistics Office (GSO), the country
witnessed the establishment of more than 18,703 firms in the first two months
of the year which drew a total registered capital of more than VND197 trillion,
up 29.4% in the number of enterprises and beyond 29% in terms of registered
capital compared to the corresponding period of 2017.
The total number of workers employed at
newly established enterprises was more than 156,000.
During this period, nearly 6,000
enterprises have registered to increase their capital with a total supplemented
capital of over VND337 trillion which has helped to raise the total newly
registered and supplemented capital of enterprises to over VND534.6 trillion in
two months.
In addition, 6,878 enterprises have
resumed their operations during the period, raising the total number of newly
established firms and firms returning to operations to more than 25,600
enterprises.
In the first two months of the year,
more than 2,500 enterprises have filed to dissolve, up 0.2% over the same
period last year, meanwhile more than 17,000 enterprises have suspended their
operations, up 4.5%.
Source: NDO
Prime Minister Pham Minh Chinh attended a groundbreaking ceremony for an electronic printed circuit board (PCB) factory at Da River Left Bank Industrial Park in Hoa Binh province on April 13. The electronic PCB factory is invested by Japan's Meiko Group at a total cost of 200 million USD.
In the first quarter of 2024, the credit institutions in the province have actively deployed the legal documents of the State and the State Bank relating to currency, credit and interest rates. At the same time, they have promoted the capital mobilization, focusing on the solutions to expand the credit investment along with strengthening the credit quality management, lending to priority programs to promptly meet the capital needs for export - business and consumer demand during Tet in 2024.
Outside the key economic region of Hoa Binh, yet Lac Son district has utilised its potential and strengths regarding labour, land, and transportation connectivity to attract investment to the locality, contributing to promoting socio-economic development.
In a move to expedite the execution and disbursement of the 2024 capital plan for ODA projects, aiming for a disbursement rate of over 90% of the allocated funding, the Hoa Binh People's Committee issued Document No. 483/UBND-KTN on April 3, 2024, regarding such efforts.
Nguyen Van Thap from Kim Duc hamlet, Vinh Tien commune, Kim Boi district, has built the brand of Hoa Qua Son for local fruits. His efforts have brought about income for his family and generated job opportunities for locals, helping hundreds of households escape from poverty.
The Hoa Binh administration was entrusted by the Prime Minister with a budget of 3.43 trillion VND (142.91 million USD) for investment in 2024. The provincial People's Council approved nearly 3.76 trillion VND, which has been meticulously allocated to projects, achieving 100% of the assigned capital plan.
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