As many as 2,390 newly-established firms and 771 subordinate units with a total registered capital of over 24.12 trillion VND (1.04 billion USD) were set up in northern Bac Ninh province last year, up 2 percent in number and 8.6 percent in capital.
The northern province of Hai Duong secured more than 14 trillion VND (606.9 million USD) in domestic investment in 2020, a year-on-year rise of 37.2 percent, according to the provincial Department of Planning and Investment.
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).
Over 6,400 firms in Ho Chi Minh City resumed their operations in 11 months of this year despite the COVID-19 pandemic, up more than 21 percent year-on-year.
Noticeable increases in the number of enterprises that were newly established or restarted operation were recorded in October in comparison to September, signaling a recovering post-pandemic market, an office has said.
Ho Chi Minh City's authorities provided 668 online public administrative services at levels 3 and 4 in various fields in the first quarter of the year, and more than 80 percent of local residents and organisations said they were satisfied with the services.
Hanoi has attracted around 25 billion USD in foreign direct investment (FDI) over the last five years, with priority given to quality and sustainable development, figures show.
Banana continues to be a top earner among Laos’s agricultural products exported to China though the Southeast Asian nation’s government stopped granting licences for developing more banana plantations.
Besides its strength in industries, in recent years, the northern province of Vinh Phuc has maintained effective agricultural production with diverse farm produce and breeding products, requiring it to promote the agricultural product processing sector to enhance their value.
The Cambodian Ministry of Economy and Finance (MEF) has issued two main measures to solve the current issues faced by small and medium enterprises (SMEs).
The Mekong Delta city of Can Tho wishes to receive continued support from Switzerland and the World Bank in climate change response, urban development, and tourism-trade-service development, said a local official.
Prime Minister Nguyen Xuan Phuc on June 3 signed off on the national digital transformation programme until 2025 with a vision to 2030, which targets the digital economy contributing 20 percent of Vietnam’s GDP over the course of the next five years.
Northern Phu Tho province has moved up nine places in the Provincial Competitiveness Index (PCI) over the last five years, and is set to do more to further raise its position.
The quality of provincial economic governance in Vietnam reached its highest level for 15 years in 2019, with an average provincial competitiveness index (PCI) of 65.13 points, a ceremony releasing the 2019 PCI report on May 5 heard.
The number of new firms set up in Hanoi in the period from January-April dropped 13.1 percent from the same period in 2019 to 7,468, but the combined registered capital of new enterprises shot up 46.5 percent to over 118 trillion VND (nearly 5.1 billion USD).
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