As many as 8,082 enterprises were established in March with total registered capital of nearly 81.16 trillion (3.57 billion USD), reported the Ministry of Planning and Investment (MoPI).
The figures represent a rise
of 2.8 percent in the number of enterprises and an 18 percent drop in the
registered capital compared with February.
On average, the registered capital of individual businessesdecreased by
20.3 percent to 10 billion (440,000 USD). The number of registered labourers
for the new businesses in the reviewed periodsaw a modest decline of
three percent to68,979.
Besides this, 1,801 firms returned to operation in March, down 22.3 percent
from the previous month.
According to the MoPI, the country saw 26,785 new enterprises in the first
three months of this year, with total registered capital of around 278.49
trillion VND (12.26 billion USD).
Business establishment procedures
are handled at the single-window section of the Department of Planning and
Investment of Binh Duong province (Photo: VNA)
The number was up 1.2 percent and while capital rose 2.7 percent as compared
with the same period last year, said the MoPI.
Average registered capital in each enterprise established inthe first
quarter was 10.4 billion VND, a year-on-year increase of 1.5 percent. The
number of workers employed in newly established enterprises was 225,389 people,
down 22.7 percent from the same period last year.
A total of 8,449 enterprises resumed operations in the first three months,
while 8,115 ceased operations or were awaiting dissolution and 3,321 others
completed dissolution procedures.
Source: VNA
Since the beginning of this year, under the direction of the Department of Agriculture and Environment, the Sub-Department of Agricultural, Forestry, and Fishery Product Quality Management has strengthened the integration of the professional activities to promote and guide the organizations and individuals in the production and trading of agricultural, forestry, and fishery products to comply with the legal regulations regarding the use of chemicals, pesticides and veterinary medicines in crop cultivation, livestock farming and aquaculture. They also provide guidance to processing and manufacturing establishments on keeping the records to trace the product origins and using food additives from the approved list according to the regulations.
Hoa Binh province saw a significant rise in state budget revenue in the first two months of 2025, heard a meeting chaired by Vice Chairman of the provincial People’s Committee Quach Tat Liem.
Ha Thi Ha Chi, a 26-year-old graduate in law, has taken an unconventional path by returning to her hometown in Mai Chau district to establish the Tong Dau Cooperative, creating stable jobs for local women and bringing Thai ethnic brocade weaving to the global market.
As the Lunar New Year 2025 approached, pork prices surged, creating a profitable season for farmers in Tan Vinh commune, Luong Son district. Taking advantage of the rising demand, Can Minh Son, a farmer from Coi hamlet, sold over 30 pigs at 69,000 VND/kg, each weighing more than 100 kg. After deducting expenses, his family earned a profit of over 50 million VND.
alternate member of the Central Party Committee, Secretary of the Hoa Binh provincial Party Committee Nguyen Phi Long on March 5 had a working session with Yan Jiehe, Founder and Chairman of the China Pacific Construction Group, one of China's largest private corporations in the field of transport infrastructure. Deputy Secretary of the provincial Party Committee, Chairman of the provincial People's Committee Bui Duc Hinh and leaders of provincial departments and sectors also attended the working session.
The electronic printed circuit board (PCB) manufacturing and processing plant of Japan’s Meiko Group, located at Da River Left Bank Industrial Park in Hoa Binh city with a total investment of over 200 million USD, is expected to create thousands of jobs and make a significant contribution to the local budget.
