The registered capital of privately-owned enterprises in the southernprovince of Dong Nai approximated 9 trillion VND (428.57 million USD) inthe first half of this year, up 74 percent year on year.
Half ofthat sum came from about 1,000 newly established businesses, while therest was from 300 existing ones, according to the provincial Departmentof Planning and Investment.
By June 15, the number of privatefirms across Dong Nai stood at 19,408 with a total registered capital ofover 120.105 trillion VND (5.72 billion USD).
Director ofthe department Bo Ngoc Thu attributed the outcome to the province’sregular dialogues with both domestic and foreign enterprises to removeobstacles and facilitate credit access. It has also put into practicenew favourable tax and customs policies.
To maintain growth paceand help out the circle, Dong Nai continues improving its investmentclimate by cutting down business fees, favouring land use, whileensuring greater transparency of administrative agencies, she added.-VNA
Half ofthat sum came from about 1,000 newly established businesses, while therest was from 300 existing ones, according to the provincial Departmentof Planning and Investment.
By June 15, the number of privatefirms across Dong Nai stood at 19,408 with a total registered capital ofover 120.105 trillion VND (5.72 billion USD).
Director ofthe department Bo Ngoc Thu attributed the outcome to the province’sregular dialogues with both domestic and foreign enterprises to removeobstacles and facilitate credit access. It has also put into practicenew favourable tax and customs policies.
To maintain growth paceand help out the circle, Dong Nai continues improving its investmentclimate by cutting down business fees, favouring land use, whileensuring greater transparency of administrative agencies, she added.-VNA
