Business

Bac Giang works to lure foreign direct investment

Removing bottlenecks of businesses will be prioritised in the northern province of Bac Giang to lure more foreign direct investments (FDI) in the coming time.
Bac Giang works to lure foreign direct investment ảnh 1Inside an FDI firm in Bac Giang province (Photo: baobacgiang.com.vn)

Bac Giang (VNA) – Removing bottlenecks of businesses will beprioritised in the northern province of Bac Giang to lure more foreign directinvestments (FDI) in the coming time.

According to Director of the provincial Department of Planning and InvestmentTrinh Huu Thang, regular dialogues with local firms will be enhanced throughthe “business coffee” programme so as to handle complaints of the enterprisesin a timely manner.

At a recent programme, Chairman of the provincial People’s Committee Nguyen VanLinh affirmed the local authorities always create favourable conditions forinvestors operating their business in the province.

Competent authorities are asked to study capital demand of the enterprises, andaccelerate the reform of lending process, while helping them fully takeadvantage of local preferential policies.

In addition, training courses will be organised to raise the businesscommunity’s awareness of legal regulations, and to support them with marketdevelopment.

Bac Giang province is now home to nearly 9,000 businesses, including 400 FDIfirms. Domestic firms have registered a total capital of 61.9 trillion VND(2.67 billion USD) while that of FDI firms is over 3.1 billion USD.-VNA
VNA
#Removing bottlenecks #northern province of Bac Giang #oreign direct investments (FDI) #“business coffee” #capital demand #lending process #preferential policies #Vietnam News Agency #Vietnamplus Bac Giang
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