Around 2,100 new companies set up in first week of 2021
Some 2,100 new businesses were established in the first week of 2021, a 46 percent increase year-on-year, according to an official from the Ministry of Planning and Investment (MPI).
The business registration section at the Hanoi Department of Planning and Investment (Photo: VNA)Bui Anh Tuan, Director of the ministry's Business Registration Management Agency, told a conference on January 8 that because the 2020 Law on Enterprises came into force on January 1, 2021, MPI had proposed that the Prime Minister issue Decree No 01 on business registration, which features many reforms.
That the Government issued a decree on business registration on the first working day of the new year, January 4, sparked hopes of a bright outlook for enterprise development in the future, he said.
About 134,900 enterprises were set up in 2020, down 2.3 percent against 2019, while average registered capital per company increased 32.3 percent to 16.6 billion VND (nearly 717,900 USD), data from the General Statistics Office showed./.
You should also see
Energy industry needs nearly 5 trillion VND of investment in 2021-2030
The total investment capital demand for the whole energy sector in the 2021-2030 period is between 4.13-4.8 trillion VND (163.01-189.46 million USD), according to a plan to implement the National Power Planning in the 2021-2030 period with a vision to 2050.
See more
Business
Vietnam’s rice exports may exceed 2024 target
With positive results recorded so far, Vietnam can exceed its target of 7.6 million tonnes in rice export volume set for 2024, Nguyen Ngoc Nam, Chairman of the Vietnam Food Association, said at a conference in the Mekong Delta city of Can Tho on April 26.
Business
Ample room for Quang Ninh to attract FDI
The northeastern province of Quang Ninh has ample room to attract foreign direct investment (FDI) and realise the goal of attracting 3 billion USD in FDI this year and 10 billion USD in the 2020-2025 period.
Business
Long An, Dong Nai introduce strengths in RoK
The southern province of Long An and Dong Nai introduced their investment climate as well as socio-economic development orientations at an investment promotion conference held in the Republic of Korea (RoK) on April 26.
Business
Vietnam makes initial efforts to approach creative industries: CIEM
Vietnam has made initial efforts to approach creative industries and services, particularly a policy framework related to creative economy development, according to a new report released by the Central Institute for Economic Management (CIEM).
Business
HCM City wants to become major partner, customer of NVIDIA: Official
Chairman of the People’s Committee of Ho Chi Minh City Phan Van Mai has told the Vice President of Worldwide AI Initiative at NVIDIA, Keith Strier that the city wants to become a major and good partner and customer of the firm in Vietnam.
