Over VND534 trillion has been pumped into the national economy thanks to the establishment of more than 18,000 enterprises and the capital expansion of nearly 6,000 others over the first two months of 2018.
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According to the General Statistics Office (GSO), the country
witnessed the establishment of more than 18,703 firms in the first two months
of the year which drew a total registered capital of more than VND197 trillion,
up 29.4% in the number of enterprises and beyond 29% in terms of registered
capital compared to the corresponding period of 2017.
The total number of workers employed at
newly established enterprises was more than 156,000.
During this period, nearly 6,000
enterprises have registered to increase their capital with a total supplemented
capital of over VND337 trillion which has helped to raise the total newly
registered and supplemented capital of enterprises to over VND534.6 trillion in
two months.
In addition, 6,878 enterprises have
resumed their operations during the period, raising the total number of newly
established firms and firms returning to operations to more than 25,600
enterprises.
In the first two months of the year,
more than 2,500 enterprises have filed to dissolve, up 0.2% over the same
period last year, meanwhile more than 17,000 enterprises have suspended their
operations, up 4.5%.
Source: NDO
According to data from the Hoa Binh Provincial Party Committee, the industrial production index for the first six months of 2025 is estimated to have increased by 20% compared to the same period last year. This marks the highest year-on-year growth rate for this period since 2020.
In the first six months of 2025, Hoa Binh province’s export turnover was estimated at 1.145 billion USD, marking an 18.11% increase compared to the same period in 2024. Import turnover was estimated at $ 804 million, a 17.15% increase, which helped the province maintain a positive trade balance.
The lives of the ethnic minority farmers in Tan Lac district have gradually improved thanks to the new directions in agricultural production. This is a testament to the collective strength fostered through the professional associations and groups implemented by various levels of the district’s Farmers’ Union.
With the motto the "product quality comes first,” after nearly one year of establishment and operation, Muong village’s Clean Food Agricultural and Commercial Cooperative, located in Cau Hamlet, Hung Son Commune (Kim Boi district), has launched reputable, high-quality agricultural products to the market that are well-received by consumers. The products such as Muong village’s pork sausage, salt-cured chicken, and salt-cured pork hocks have gradually carved out a place in the market and they are on the path to obtaining the OCOP certification.
In the past, the phrase "bumper harvest, rock-bottom prices" was a familiar refrain for Vietnamese farmers engaged in fragmented, small-scale agriculture. But today, a new spirit is emerging across rural areas of Hoa Binh province - one of collaboration, organisation, and collective economic models that provide a stable foundation for production.
Maintaining growing area codes and packing facility codes in accordance with regulations is a mandatory requirement for agricultural products to be eligible for export. Recently, the Department of Agriculture and Environment of Hoa Binh province has intensified technical supervision of designated farming areas and packing facilities to safeguard the "green passport" that enables its products to access international markets.
