(HBO) - In 2021, the Party Committee and People's Committee of Hoa Binh province focused on investment promotion activities, while strengthening coordination in handling administrative procedures, implementing many solutions to improve the business environment, and helping remove difficulties for businesses and investors, especially those affected by the COVID-19 pandemic. As a result, the business and investment environment continued to be improved while and investment attraction and development of businesses saw good results.

In 2021, many businesses in the province made efforts to overcome difficulties to promote production and business, and stabilise jobs for workers. (Photo taken at Ho Guom Group’s Tan Lac branch garment factory). 

In December, the whole province had 43 newly-established enterprises with a registered capital of 820.7 billion VND, and four resumed operations. 

With this result, in 2021, 415 enterprises with a total registered capital of 14.68 trillion VND were established, up 14 percent in the number of firms and 15.9 percent in capital. During the year, nearly 130 enterprises registered to suspend production and business activities, 42 enterprises voluntarily dissolved, and 99 businesses returned to the market. 

At present, Hoa Binh has about 4,180 operating enterprises with a total registered capital of nearly 60 trillion VND./. 

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