Quang Binh province licences 435 new firms, 25 new projects
The central province of Quang Binh’s Department of Planning and Investment has so far this year granted new registration certificates for the establishment of 435 enterprises, whose capital totals more than 5.24 trillion VND (213.26 million USD).
Workers of Dinh Phong Construction Company Limited in Hon La Seaport Industrial Park, Quang Binh province. (Photo: VNA)
Quang Binh (VNA) – The central province of Quang Binh’s Departmentof Planning and Investment has so far this year granted new registrationcertificates for the establishment of 435 enterprises, whose capital totalsmore than 5.24 trillion VND (213.26 million USD).
The provincial authorities have also approved investmentproposals for 25 new projects worth 9.9 trillion VND. They have also giventhe green light to capital adjustment proposals for 45 existing projects.
So far this year, the province has seen 288 firms suspendingtheir operations, 32 voluntarily dissolving, and 185 resuming their operations.Many have opted to reduce their production and business activities, cut workinghours, implement alternating work schedules, or reduce their workforce.
With a 116km-long coastline and forest coverage rate of 68%, Quang Binh boastsexcellent conditions to become a major tourist destination of Vietnam and SoutheastAsia. It is home to Phong Nha-Ke Bang National Park, which has been twicerecognised as a World Natural Heritage Site, as well as a system of caves,including Son Doong - the largest cave in the world, along with variousbeautiful beaches, hot streams and world-class golf courses./.
A cave with magnificent and pristine limestone formations has been freshly discovered in the central province of Quang Binh, which is often dubbed the "kingdom of caves" in Vietnam.
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The central province of Quang Binh, dubbed the “kingdom of caves”, welcomed over 3.6 million tourist arrivals in the first nine months of 2023, soaring 2.32-fold year on year, reported the provincial Department of Tourism.
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Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
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Workers of Dinh Phong Construction Company Limited in Hon La Seaport Industrial Park, Quang Binh province. (Photo: VNA) 
