Business Business

16/10/2018 - 07:42

Hue creates a favorable and equitable investment and business environment

This message was emphasized by the Chairman of the Provincial People's Committee Phan Ngoc Tho at the meeting on the occasion of Vietnam Businesses’ Day (October 13th) organized by the Provincial Business Association.

Chairman of the Provincial People's Committee Phan Ngoc Tho speaking at the meeting. Photo: thuathienhue.gov.vn

According to the Provincial Business Association, in the first 9 months of 2018, the number of newly-established enterprises in the province is 492, up to 10% over the same period previously, with a total registered capital of 3,602 billion VND. The number of enterprises that have resumed operations is 137, 58 enterprises have been dissolved, 225 enterprises have been suspended, and 82 enterprises have been transformed into other types of operation.

Thua Thien Hue has attracted 25 investment projects with a total capital of more than 40,600 billion VND, of which there are 18 national projects with a total investment of 3,200 billion VND and 7 FDI projects with a total registered capital of 1.640 million USD.

Speaking at the meeting, Chairman of the Provincial People's Committee Phan Ngoc Tho acknowledged and praised the great contribution of enterprises and entrepreneurs to the development of the province. The province will continue to focus all resources on economic development, remove difficulties in production and business, support entrepreneurs - businesses to develop sustainably; as well as reform the administrative procedures, create a favorable and equitable investment and business environment for all enterprises of all economic sectors to compete healthily and to develop…

Launching the Association and the Communication Center to support the businesses. Photo: thuathienhue.gov.vn 

On this occasion, the Provincial Business Association announced the decision to establish and launch the new members of the Association and the Communication Center to support the businesses.

According to thuathienhue.gov.vn 

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