Bac Giang sees surge in new businesses
BAC GIANG – In the first five months of this year, nearly 1,000 new businesses and representative offices were established in the northern province of Bac Giang, up 14% year-on-year, according to the Department of Finance.
The total registered capital reached over 7,000 billion VND (nearly 305.3 million USD).
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A corner of Bac Giang city. |
Notable enterprises include Indochina Real Estate Joint Stock Company in Nham Bien Ward with 400 billion VND in capital, Neo Vietnam Investment and Trading Joint Stock Company in Tran Phu Ward with more than 337 billion VND and Tay Bac Ninh Investment Joint Stock Company in Dinh Ke Ward with 620 billion VND.
These new businesses have contributed to local economic and social development, creating jobs and boosting industrial production.
The province now has more than 18,500 registered enterprises, with total capital nearing 214,000 billion VND.
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