Under the motto of "Accompanying businesses and acting for businesses”, Yen Bai city has made proactive moves to tackle difficulties and barriers, thoroughly deal with enterprises’ opinions, and help enterprises and investors to access the local market and stay updated with information about socio-economic development policies and investment incentives.

In the first half of 2022, Yen Bai welcomed and had working sessions with seven firms intending to invest in the city. Twenty-two companies registered investment projects, five of which have been carried out and some others licensed or allowed to raise their investment capital.

The Business Association of Yen Bai city, comprising 56 member businesses and cooperatives, plans to have three - five new members each year.

* Meanwhile, the Business Association of Yen Binh district with 30 member enterprises and cooperatives was also officially set up, coinciding with the 75th anniversary of the district Party organisation.

In recent years, the number of businesses operating in Yen Binh has increased continually, helping provide jobs for tens of thousands of local residents, contribute to the State budget collection, and guarantee social security.