The registered capital of privately-owned enterprises in the southern province of Dong Nai approximated 9 trillion VND (428.57 million USD) in the first half of this year, up 74 percent year on year.
Half of that sum came from about 1,000 newly established businesses, while the rest was from 300 existing ones, according to the provincial Department of Planning and Investment.
By June 15, the number of private firms across Dong Nai stood at 19,408 with a total registered capital of over 120.105 trillion VND (5.72 billion USD).
Director of the department Bo Ngoc Thu attributed the outcome to the province’s regular dialogues with both domestic and foreign enterprises to remove obstacles and facilitate credit access. It has also put into practice new favourable tax and customs policies.
To maintain growth pace and help out the circle, Dong Nai continues improving its investment climate by cutting down business fees, favouring land use, while ensuring greater transparency of administrative agencies, she added.-VNA
Half of that sum came from about 1,000 newly established businesses, while the rest was from 300 existing ones, according to the provincial Department of Planning and Investment.
By June 15, the number of private firms across Dong Nai stood at 19,408 with a total registered capital of over 120.105 trillion VND (5.72 billion USD).
Director of the department Bo Ngoc Thu attributed the outcome to the province’s regular dialogues with both domestic and foreign enterprises to remove obstacles and facilitate credit access. It has also put into practice new favourable tax and customs policies.
To maintain growth pace and help out the circle, Dong Nai continues improving its investment climate by cutting down business fees, favouring land use, while ensuring greater transparency of administrative agencies, she added.-VNA
