So far this year, the southernmost province of Ca Mau has had 356 newly-established enterprises with a total registered capital of 7.2 trillion VND (307.68 million USD), up 50% in the number of firms, and fivefold in capital year-on-year.
Hanoi (VNA) – So far this year, the southernmostprovince of Ca Mau has had 356 newly-established enterprises with a totalregistered capital of 7.2 trillion VND (307.68 million USD), up 50% in thenumber of firms, and fivefold in capital year-on-year.
In the period, the province has attracted seven newinvestment projects worth 1.05 trillion VND.
The figure raises the total number of investment projects inthe locality to 433, with a total registered capital of 141.08 trillion VND. Ofthe total, there are 10 FDI projects worth over 156 million USD.
The provincial People’s Committee said that it will strive to create an open and favourable environment to boost investment ofboth domestic and foreign businesses.
It will also focus on supporting enterprises, especially small- andmedium-sized ones, affected by the COVID-19 pandemic; improving the provincialcompetitiveness in the 2021-2025 period, with a vision to 2030./.
Chairman of the National Assembly Vuong Dinh Hue has commended the Party Organisation, administration and people of the southernmost province of Ca Mau for their achievements last year despite adverse impacts from the COVID-19 pandemic.
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The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Illustrative image (Photo: VNA) 
