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
Maximizing local potential and advantages, Yen Tri commune in Yen Thuy district is actively promoting the cultivation of medicinal herbs and turning medicinal herbs into One Commune - One Product (OCOP) products.
Situated at the gateway to the Northwest, Hoa Binh province has a population of over 900,000, including about 540,000 of working age. It is home to 6,000 businesses and production facilities, providing employment for over 100,000 workers. The remaining workforce is engaged in informal jobs, works in enterprises outside the province, or contributes to agro-forestry-fisheries. Additionally, around 3,000 workers are employed abroad.
The Hoa Binh provincial People's Committee has issued Decision No. 2767/QD-UBND announcing the rankings of departments, agencies, districts and Hoa Binh city in the Public Administration Reform Index (PAR) and the Satisfaction Index of Public Administration Services (SIPAS) in 2024.
The cultivation of Dam Xanh fish (Bangana lemassoni), a unique fish species, has seen remarkable growth in Mai Chau district, thanks to its high economic value and effectiveness. Initially concentrated in Van Mai commune, farming has now extended to four other communes, namely Mai Hich, Mai Ha, Chieng Chau, and Son Thuy. These areas benefit from pristine underground water flowing from mountain crevices, providing ideal conditions for raising this specialty fish.
In 2024, the total state budget revenue of Hoa Binh Province is estimated at approximately VND 6,930 billion, achieving 183% of the Government’s target, 126% of the target assigned by the Provincial People's Council, and 145% compared to the same period last year.
In 2024, Hoa Binh province has shown signs of improvement in attracting investment and developing enterprises.
