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.

Illustrative image.
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
In Lac Thuy district, communes have been succeeded in promoting their One Commune-One Product (OCOP) products while others are still struggling to position their typical farming products in market. Some communes in the district still fail to have their products met OCOP programme’s requirements, while others have seen their certifications expired.
The inspectorate agency of Hoa Binh province has issued Official Dispatch No. 1090/TTr-PCTN to provincial departments, agencies, localities, business associations, enterprises, and investors regarding measures to improve informal component indexes of the Provincial Competitiveness Index (PCI).
Hoa Binh is taking concrete steps to improve its investment environment, with a strong focus on supporting businesses, settling obstacles for strategic investors, and creating opportunities for robust development in the coming years.
Under the blazing early summer sun, the construction site of Nhuan Trach Industrial Park (IP) in Luong Son district is abuzz with activities from dawn to dusk, a testament to the determination of the investor to meet their construction targets on schedule.