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. 


Illustrative image.

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

 

Related Topics


Hoa Binh on track to exceed socio-economic targets

Vice Secretary of the provincial Party Committee and Chairman of the provincial People's Committee Bui Van Khanh chaired the regular October meeting of the provincial People's Committee to review 2024 socio-economic performance.

Hoa Binh makes efforts to develop infrastructure in industrial clusters

Taking advantage of favourable weather conditions, constructor is speeding up the construction of technical infrastructure at Tien Tien industrial cluster in Quang Tien commune of Hoa Binh city. So far, the construction of important infrastructure works in the industrial cluster such as the operation office, wastewater treatment plant, power supply system, clean water supply system, fire prevention and fighting system, rainwater drainage system, and internal traffic roads has been completed.

Banks offer credit support to victims of typhoon Yagi

Numerous credit solutions have been implemented by local banks in Hoa Binh province to support individuals and businesses affected by Typhoon Yagi. These measures include debt rescheduling, providing in-depth financial advice, and offering interest rate reductions based on the extent of damages.

Party member brings Muong Vang turmeric starch far and wide

Starting from nothing and persevering through a challenging entrepreneurial journey, Bui Van Nhung, a teacher and Party member in Lac Son district’s Nhan Nghia commune - has built Nhung Van Co. Ltd. into a respected provider of high-quality products. Driven by his passion and determination to overcome poverty, this young Party member has blazed a new trail, inspiring the aspirations of farmers across Mường Vang.

Fair to display and introduce typical products of ethnic minority and mountainous areas

In November 8, at Kim Boi District Stadium, the Department of Industry and Trade and the People's Committee of Kim Boi District, Hoa Binh province jointly organized the opening of the Fair to display and introduce typical products of ethnic minority and mountainous areas.

Farmers enjoy good harvest, good prices of Cao Phong orange

Orange growers in Cao Phong district of Hoa Binh province have enjoyed a good harvest and good prices of the fruit this year.