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Thanh Hoa has most newly-established businesses in north-central region

The Saigon Times

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HCMC – Thanh Hoa Province in the year to August had taken the lead in the north-central region and ranked sixth nationwide in the number of newly-established enterprises, just after HCMC, Hanoi, Binh Duong, Danang and Dong Nai.

Data from the provincial Department of Planning and Investment showed that 2,462 businesses have been set up in the north-central province since the start of the year, exceeding the province’s target by 80%, and up over 30% against the same period last year, the local media reported.

Hoang Van Thu, head of the department’s business registration division, said the province is set to have at least 3,000 new companies set up in 2022. In the year to date, authorities have actively supported local residents in launching startup projects and household businesses in upgrading their status to companies, resulting in a rising number of newly-founded firms.

To further promote business development, local competent forces have been told to effectively enforce the policy on supporting small and medium enterprises, streamline administrative procedures to create optimal conditions for investors and accelerate the provision of online public services to better serve local residents and enterprises.

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