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More than 420 businesses newly established in Bac Giang

Updated: 16:26, 03/04/2025

BAC GIANG - According to the Department of Finance, in March, 136 new enterprises, 7 branches and representative offices were established in Bac Giang province with a total registered capital of 668 billion VND (28.4 million USD). 

In the first 3 months of this year, the whole province had 424 newly established enterprises, an increase of 36% over the same period in 2024. The total registered capital reached more than 2.48 trillion VND.

Auto parts manufacturing at the factory of Automech Mechanical Equipment and Solutions Joint Stock Company in Dinh Tram Industrial Park (Viet Yen township).

The newly established enterprises have attracted, created jobs and income for thousands of workers, helping ensure social security and develop the local socio-economy.

In the first quarter of this year, the province had 46 dissolved enterprises, up 43% over the same period last year, and 528 enterprises temporarily suspended operations, up 26%. The reason was due to difficult economic situation, forcing inefficient enterprises to change their production and business models.

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