Binh Duong: New Business Registrations Increase by 57.2%

From January 1st to January 15th, 2024, Binh Duong province witnessed the establishment of 327 new businesses, with a total registered capital of VND 1,845.7 billion, representing a 15.5% increase.

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From 1-15 January 2024, there were 327 newly registered businesses in Binh Duong province, with a total registered capital of 1,845.7 billion VND, an increase of 15.5%.

Southern provinces’ businesses have simultaneously started production at the beginning of the year. Vietnam remains a top destination for Korean businesses.

According to the statistics of Binh Duong Provincial Statistics Office, from January 1, 2024, to January 15, 2024, the whole province has attracted 327 newly registered businesses, an increase of 57.2% compared to the same period, with a total registered capital of 1,845.7 billion VND, a 15.5% increase.

In addition, there were 48 businesses adjusting capital, a 11.6% increase compared to the same period, with a total adjusted capital of 4,771 billion VND, a 9.5-fold increase compared to the same period. The number of dissolved businesses increased by 20%, with 30 businesses dissolved, while 17 businesses resumed operations, a decrease of 19% compared to the same period; 68 businesses temporarily suspended operations, a 55.3% decrease.

Up to now, Binh Duong province has a total of 66,399 registered businesses operating in production and business, with a total registered capital of 733,356 billion VND.

Binh Duong province currently has 66,399 registered businesses operating in production and business, with a total registered capital of 733,356 billion VND.

According to the Binh Duong Provincial Statistics Office, in terms of attracting foreign direct investment (FDI), from January 1, 2024, to January 15, 2024, the province attracted 61.3 million USD of FDI capital. Among them, there were 3 new registered projects with a total registered capital of 40.6 million USD; 5 projects adjusting capital with a total capital of 14 million USD, and 5 projects contributing capital, purchasing shares with a total registered capital increase of 4.1 million USD.

Up to now, Binh Duong province has 4,227 foreign direct investment projects with a total capital of 40.4 billion USD. Specifically, industrial parks have attracted 2,750 projects with a total capital of 28.3 billion USD, while areas outside industrial parks have attracted 1,477 projects with a total capital of 12.1 billion USD.

SOURCEcafef
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