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Registered capital for business establishment increased by 31%

Updated: 19:22, 09/05/2023
(BGO) – According to the Department of Planning and Investment, 595 new businesses were established in the first four months in Bac Giang province with registered capital of over 11.7 trillion VND (499 million USD), up 31 percent year on year.

Typically, some companies registered big capital like DTH Mining, Trading and Service Joint Stock Company (Bac Giang city) with 25 billion VND, Power CTN Joint Stock Company (Yen Dung district) with 30 billion VND among others.

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A corner at Van Trung industrial park in Viet Yen district.

The newly established businesses are mostly joint stock companies and company limited which operate in commerce, service and construction.

These new enterprises help boost up local socio-economic development, create job to thousands of rural labours and contribute to local budget.

In accumulation, the province had more than 14,300 newly established companies with registered capital of over 156 trillion VND by the end of April.

Minh Linh
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