Trade revenue in Yen Bai city reaches over 9.4 trillion VND

Economy

Trade revenue in Yen Bai city reaches over 9.4 trillion VND

Tuesday, September 28, 2021

YBO - By the end of August, the total revenue of commercial and service establishments in Yen Bai city reached over 9.4 trillion VND, up 637 billion VND over the same period last year.

Illustrative image

Yen Bai now has 4,218 commercial and service providers, including 415 enterprises and 3,803 business households. These units generate jobs for 11,680 labourers with an average income of 5-7 million VND per month.

Trade and services were severely affected by the COVID-19 pandemic in the first eight months of 2021, especially accommodation, food and drinking, and transport services.

However, the locality has recorded the emergence of 265 online business establishments, which reached many customers.

Many Facebook groups selling clothing, real estate, handicrafts, furniture, and food have been formed, helping promote consumption of goods and improve business efficiency in the locality.

Additionally, there are nine providers of fast delivery services in Yen Bai city, basically meeting the demand of good transport and delivery.

Nguyen Thanh Nghi

Other news

Yen Bai Accelerates the Development and Application of Biotechnology in Environmental Protection

Development and Application of Biotechnology, Production of High-Value Biotechnology Products in Agriculture.

With the aim of advancing the development and application of biotechnology in environmental protection linked to sustainable development in the province, the People's Committee of Yen Bai has issued a plan for implementing the project on the development of biotechnology industries in environmental protection until 2030.

Strong Investment Inflow into Yen Bai in the First Quarter of 2025

Yen Bai’s unwavering efforts to improve the investment environment and create favorable conditions for business development.

Yen Bai has experienced a promising start to 2025 in the area of investment attraction. According to the latest data from the Provincial Statistics Office, the total investment capital into the province in the first quarter of 2025 is estimated to have reached VND 3,447.256 billion, marking a notable increase of 9.41% compared to the same period last year.

Yen Bai Businesses Accelerate Toward Year-End Targets

Leaders of the Department of Industry and Trade inspected the production activities of enterprises in the Southern Industrial Park.

The economy of Yen Bai Province has demonstrated remarkable growth in the early months of 2025, with Gross Regional Domestic Product (GRDP) increasing by 9.58%. Notably, the industrial sector experienced a growth rate of 13%. As 2025 is deemed the year of “acceleration and completion,” the province is determined to comprehensively achieve the goals and tasks set for the year as well as those of the 19th Provincial Party Congress Resolution.

Industrial Production Value of Yên Bái Reaches 100.89% of Double-Digit Growth Scenario Target 10,5%

Bamboo processing at Yen Thanh joint Stock Company.

In the first quarter of 2025, industrial production in Yên Bái continued to maintain a steady growth pace.

Economy