Enterprise Law violators closed down

Tuesday, Jun 25, 2013 15:03

HOA BINH (Biz Hub) — The northern province of Hoa Binh's Department of Planning and Investment has withdrawn business licences of 178 enterprises for failing to report on their operations for three consecutive years.

Head of the department's business register chamber Pham Dinh Huong said the enterprises had breached the Law on Enterprise.

Most were working in construction, mining, trade and tourism, including 55 in Hoa Binh City and 50 in Luong Son District.

The enterprises would have to complete dissolution procedures and return official stamps to their local authority within six months. -- VNS

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