(HBO) – As many as 200 businesses were set up in the northwestern province of Hoa Binh in the first six months of the year, representing a rise of 20.47 percent year-on-year.
The combined registered capital of those firms amounted to 2.8 trillion VND (121.34 million USD), up 169.67 percent.

Esquel
Vietnam,operating in Luong Son Industrial Zone, creates jobs for 4,000
labourers.
Relevant authorities handled procedures for 38 firms to register their
branches and representative offices. They also issued changes of business
registration certificates for 453 firms.
In the period, 72 enterprises halted their operations and 25
others had their certificates revoked, with seven of them voluntarily
dissolved.
The province has instructed the completion of the equitisation to
turn the Road management Section I into the Hoa Binh Traffic Construction joint
Stock Company, as well as the continuation of the first public offering of the Road
management Section II.
Procedures to change agricultural companies into limited companies
with at least two members are also in preparation, while a plan to divest the
Hoa Binh clean water joint stock company in 2018 is underway.
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.