Nearly 4,000 new firms established in Binh Duong
Binh Duong (VNA) – A total of 3,999 new
enterprises have been set up in the southern province of Binh Duong since the
beginning of 2020, with their registered capital totaling approximately
26.95 trillion VND (1.16 billion USD).
The figures showed slight annual decreases of 2.5 percent in
the number of firms and 0.5 percent in capital value.
The reduction, despite being small, reflected the impact of
the COVID-19 pandemic on business operations in the province.
On average, each firm registered 6.74 billion VND worth of capital
during the period, increasing 2.08 percent on-year.
The freshly established companies operate across 17 sectors.
Sectors that recorded annual increases in the number of newcomers included
agro-fishery (up 68.75 percent); health and social aid activities (45.45
percent); information and communications (13.64 percent); and education and
training (13.70 percent). Particularly, the electricity production and
distribution posted a significant rise of 1,685 percent against last year.
Phu Huu Minh, vice director of the Binh Duong Department of
Planning and Investment, said to facilitate new registrations in the current difficult
time, the department has capitalised on the function of its information system,
delivered outcomes via postal services, and guided firms to use online
administrative services./.