Vietnam's new businesses hit 5-year high
The number of newly established enterprises reached nearly 54,000 in the first five months of 2019, which is the highest figure in the last five years, according to the Statistics Office.
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The number of newly established enterprises reached nearly 54,000 in the first five months of 2019, which is the highest figure in the last five years, according to the Statistics Office.
The Department of Health of Ninh Binh province has recently announced the official establishment of a Center for Disease Control.
Budget collection of the northern province of Ninh Binh in 2018 is estimated at over 12.7 trillion VND (547 million USD), marking the highest level recorded after the province re-established and a new record high in the 3rd consecutive year.
Prime Minister Nguyen Xuan Phuc recently signed a decision on the establishment of a national committee tasked with making preparations for Vietnam to shoulder the ASEAN Chairmanship in 2020.
Up to 429 new enterprises were established in the northern province of Ninh Binh in the first six months of 2018.
2,5 years after the ASEAN Economic Community was established, enterprises in Vietnam have found a way to capitalise on the bloc's import tariff cuts and expand their exports, helping to narrow the years-long trade deficit between Vietnam and ASEAN.
Over 52,300 enterprises were formed nationwide in the first five months of the year, with a total registered capital of VND517 trillion (US$22.64 billion).
Vietnam totalled over 105,000 nationwide newly established companies in the first ten months of the year, a year-on-year increase of 14.6 percent, according to the Enterprise Development Agency under the Ministry of Planning and Investment.
Prime Minister Nguyen Xuan Phuc and his Thai counterpart Prayuth Chan-ocha expressed their satisfaction at the strong development of Vietnam-Thailand cooperation over the past 41 years since they established diplomatic ties in August 1976, during their talks in Bangkok on August 17.