A corner of Bac Giang (Photo: VNA) The locality is also paying special attention to theimplementation and disbursement of public investment
The province is trying to reduce costs for businesses,and increase their access to preferential capital and State support. Accordingly,the State Bank of Vietnam's Bac Giang branch is offering to meet the capitalneeds for production, especially those in sectors and fields that have beenencouraged to develop in accordance with policies issued by the Government andthe Prime Minister; and accelerating the implementation of the Government'sDecree on interest rate support from the State budget for loans.
According to the provincial Department of Planning andInvestment, the province will promote the implementation of business supportprogrammes such as trade and e-commerce, and industrial encouragement plans andanother on energy saving, to help enterprises improve production capacity,expand scale, innovate technology, find new markets, reduce production costs,and promote production and sustainable development.
The industry and trade sector has coordinated withdepartments, branches, People's Committees of districts and Bac Giang city toregularly monitor petroleum supply in the locality; promptly reported to theMinistry of Industry and Trade for direction and coordination to avoid supplydisruption, and ensure adequate supplies of petrol and oil to serve productionand business activities of enterprises and people; strengthened supervision,inspection and control to promptly detect stockpiling; and strictly handled anyviolations.
In addition, the sector will closely cooperate with theMinistry of Industry and Trade and other provinces and cities to connect andsupport businesses in seeking alternative sources of goods, raw materials,supplies, and input components for production, especially raw materials fortextiles and electronics in case the supply chain is affected by epidemics orpolitical conflicts; and at the same time guiding enterprises on standards,specifications, packaging, preservation and labeling in accordance with the requirementsof export markets.
Bac Giang will also focus efforts on solving the shortage oflocal labour in a number of industries and fields, promoting the implementationof policies and solutions to support workers, and improve training to meet therequirements of the labour market and businesses.
Agencies, departments and localities in the province haveincreased the organisation of meetings, contacts and dialogues with businessesand investors to grasp and promptly solve difficulties and problems forbusinesses; monitor and supervise the settlement of difficulties and problems,and publicise the results.
Attention will be paid to accelerating the implementation ofsupporting businesses in digital transformation in accordance with the Law on Supportfor Small- and Medium-sized Enterprises to improve the efficiency of productionand business activities, as well as the capacity and competitiveness ofenterprises.
Bac Giang will continue to concentrate on effectivelyimplementing the digital transformation plan in the 2021-2025 period with avision to 2030, while enhancing the efficiency of its online public servicesand applying digital signatures, ISO, as well as software to connect and sharedata, thus improving the effectiveness of management and direction over theimplementation of tasks among State agencies.
Statistics from the provincial Department of Planning andInvestment show that in the first nine months of 2022, Bac Giang saw 1,243newly established enterprises, up 26% over the same period of 2021, with totalregistered capital of 24.5 trillion VND (988.9 million USD), up 23.2%year-on-year.
To date, there have been 13,310 enterprises in the province,including 12,811 domestic firms with registered capital of 132.09 trillion VND,and 499 foreign-invested companies with registered capital of 3.94 billionUSD./.
VNA
