Tra Vinh sees strong increase in newly registered firms
Tra Vinh (VNA) – Newly registered businesses in the Mekong Delta province of Tra Vinh have sharply increased since the start of the year, said the provincial People’s Committee.
Of the newly registered businesses, 35 were
granted approval, tripling last year’s figure. Meanwhile, 52 billion VND (2.29
million USD) was added to 60 existing businesses.
Dong Van Lam, Chairman of the provincial
People’s Committee, said to create a favourable investment climate, Tra Vinh
province has implemented synchronous measures to improve its provincial
competitiveness index. Local authorities hold monthly meetings with businesses
to address their troubles.
The province has promoted the implementation
of government’s resolution on developing businesses by 2020 and mulled over a
project providing support for local start-ups in 2017-2020. In addition, it has
enhanced investment promotion activities and administrative reform.
Tra Vinh is currently home to 1,948
businesses and 1,100 affiliates, with total registered capital of over 25.13
trillion VND (1.1 billion USD), generating jobs for more than 86,000 labourers.
It aims to lure 4,000 new investors by 2020 and 7,500 ones by 2025.-VNA