Vinh Phuc: firms pump over 9.6 trillion VND into economy in 9 months
Vinh Phuc: new firms pump over 9.6 trillion VND into economy in 9 months
The number of newly-established firms in the northern province of Vinh Phuc in the first nine months of this year is estimated at 835, an increase of 8 percent from the same period last year.
A production line of Japan-invested Toyota Vietnam in Vinh Phuc (Photo: VNA)
Vinh Phuc (VNA) – The number of newly-established firms inthe northern province of Vinh Phuc in the first nine months of this year isestimated at 835, an increase of 8 percent from the same period last year.
Those new firms have total registered capital of more than 9.6 trillionVND, up 95 percent year-on-year.
During the period from January 1 to August 31 this year, the provinceissued business registration certificates to 803 firms, both domestic and foreign-invested ones, up 6 percent on ayear basis. Those firms have total registered capital of over 9.25 trillionVND, a surge of 102 percent.
The cumulative total number of firms in the province as of August 31this year stood at 10,306, with total registered capital of nearly 96.6trillion VND.
The increase in the number of new firms is partly attributable to theprovincial administration’s efforts to reform administrative procedures, trainlocal workforce, promote vocational education and support investment extensionactivities./.
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A production line of Japan-invested Toyota Vietnam in Vinh Phuc (Photo: VNA) 
