219 businesses established in Hoa Binh in eight months

9/22/2020 - 4:29:53 PM

(HBO) – The People’s Committee of Hoa Binh province has directed provincial departments, agencies and administrations to take various measures to boost development of all economic sectors.

In August, 35 new businesses were established in the province with total registered capital of 300 billion VND.

Esquel Garment Manufacturing Co., Ltd., located in Luong Son Industrial Park, expands production in recent years, providing jobs for thousands of local people and a monthly income averaging 6.5 million VND.

In the first eight months of this year, the province saw 219 new enterprises with combined registered capital of over 6.13 trillion VND. It has also permited 10 firms to set up branches and representative offices in August, raising the total figure in the January-August period to 40.

A total of 120 companies were allowed to make amendments to their business registration certificates last month, bringing the eight-month number to 1,215.

During the period, 103 businesses suspended operations and 15 were dissolved./.

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