Yen Bai grants registration certificates to 27 new enterprises

  •  Tuesday, March 14, 2023

YBO - Yen Bai province granted registration certificates to 27 new enterprises in the first two months of 2023, reaching 8.2% of its yearly target.

Yen Bai is now home to 2,979 enterprises, 652 cooperatives and 5,901 cooperative groups. (Photo: Thanh Trung)
Yen Bai is now home to 2,979 enterprises, 652 cooperatives and 5,901 cooperative groups. (Photo: Thanh Trung)

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.

Hong Duyen

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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.

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.

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.

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.

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