More than 4,400 new businesses established in Bac Ninh
BAC NINH - Bac Ninh Province registered 4,478 newly established businesses in the year to date, with combined registered capital exceeding 80 trillion VND (3.05 billion USD).
The new businesses mainly operate in manufacturing and processing industries, trade and services, construction, real estate, transport and logistics, and other service sectors.
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Several newly established companies reported large charter capital, including Xuan Thanh Kinh Bac JSC in Kinh Bac Ward with 2.3 trillion VND and Khuon Than Second Community Co., Ltd. in Bac Giang Ward with 1.285 trillion VND.
The increase in new market entrants is expected to create jobs, boost budget revenues, expand production and business capacity, accelerate economic restructuring and enhance the province's competitiveness.
To facilitate business establishment and operations, provincial authorities and relevant departments have continued to streamline administrative procedures, improve the quality of online public services for business registration and shorten processing times for applications.
The province has also strengthened support for enterprises in accessing policies related to investment, land, taxation and credit, while addressing difficulties faced during operations, helping create a more open and business-friendly investment environment.
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