In the reviewed period, two cooperatives and seven cooperative groups were established in the province.

Yen Bai also approved in-principle a project with total registered capital of 30 billion VND (1.27 million USD), gave the nod to investment adjustments by five others, and stopped the operation of three projects.

The results are attributable to Yen Bai’s efforts in implementing solutions concertedly to improve its business environment and raise the provincial competitiveness.

The province has also paid attention to simplifying administrative procedures and business conditions, creating a healthy, equal business environment for all economic sectors.

Yen Bai is now home to 2,979 enterprises, 652 cooperatives and 5,901 cooperative groups.