(HBO) - Since the beginning of the year, the COVID-19 pandemic has partly caused remarkable decreases in the number of projects as well as the amount of registered investment capital in Hoa Binh province.

In May, the province approved the investment plan for a domestically-invested project with a capital of about 20 billion VND, and adjusted investment plans for two others. In the first five months of this year, the province approved investment plans for four domestically-invested projects, with a total capital of 113.5 billion VND. The province now has 599 investment projects, of which 41 are foreign-invested totalling 595.5 million USD and 558 are domestic ones worth 87.5 trillion VND. 

 R Technical Research Co., Ltd in Da River Left-bank Industrial Park works on dual targets of pandemic prevention and control and economic development and recovery. 

Also in May, there were 53 newly-established businesses with a combined registered capital of 1.14 trillion VND, 15 businesses registering to suspend production and business activities, and five dissolving voluntarily. In the month, the province also granted additional or changed contents of registration licences to 114 businesses. 

The provincial People’s Committee has closely directed departments, districts and Hoa Binh city to get updated on difficulties and aspirations of enterprises, support and guide them to overcome these difficulties./.


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