Southern Ben Tre province aims for 500 new firms each year, bringing the total number of enterprises to 5,000 by 2020. (Photo: enternews.vn) Ben Tre (VNA) – The southern province of Ben Tre has targeted to open 500 new firms each year, bringing the total number of enterprises to 5,000 by 2020. The number of newly-established companies in the province has increased this year, thanks to the launch of a startup programme. In the first nine months of the year, the province had 400 newly-established businesses, posting an increase of 55 percent year-on-year. Registered capital in the January-September period rose 2.3 times in comparison with the same period last year. Average registered capital for each business was 6.42 billion VND (283,000 USD), which was higher than the 5.3 billion VND in the corresponding period last year. The number of small and micro firms has gradually reduced in the province. Le Xuan Vinh, director of Ben Tre’s centre for promotion and startups, said the province has 2,952 operating businesses. This number was modest in comparison with other localities in the Mekong Delta region. Ben Tre has promulgated legal documents, policies and mechanism to facilitate businesses’ development, attracting investors. It has implemented a startup programme – a key solution to improve its business environment. The provincial People’s Committee has asked the centre to support firms in completing administrative procedures for startups. The province has established a team to provide support for free to firms in administrative procedures relating to investment and relevant sectors….