Dong Nai’s registered capital hits record

The total registered capital and added capital of businesses in Dong Nai province amounted to 24 trillion VND (1 trillion USD) in the first half of 2017, a year-on-year increase of 115 percent.

The total registered capital and added capital of businesses in Dong Nai province amounted to 24 trillion VND (1 trillion USD) in the first half of 2017 (Source: VNA)

Dong Nai(VNA) –The total registered capital and added capital of businesses in thesouthern province of Dong Nai amounted to 24 trillion VND (1 trillion USD) in thefirst half of 2017, a year-on-year increase of 115 percent, according to theprovincial People’s Committee.

Of the sum, 17 trillion VND (747.7 million USD) came from 1,500 newlyestablished enterprises, while the remaining capital was added by 275 existingbusinesses.

About 40 branches and representative offices also registered operation in the provincein the reviewed period.

Dong Nai province has promoted administrative reforms to provide best possible supportfor the business community, said the department.

From January to June, some 3,000 firms submitted applications through thedepartment’s public service portal and the national business registrationportal.

Also in the first six months of this year, about 76 businesses with a combinedcapital of 538 billion VND (23.6 million USD) as well as 74 branches andrepresentative offices were dissolved due to poor performance.-VND

VNA