(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.

 

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