Illustrative Image (Source: VNA)

Binh Duong (VNA) – The southern province of Binh Duong has carried out solutions to support local small and medium-sized enterprises (SMEs) as part of efforts to realise Prime Minister Nguyen Xuan Phuc’s directive on assisting SMEs.

According to Chairman of the provincial People’s Committee Tran Thanh Liem, the province has work with the administrations of districts, towns and cities to give land for the development of industrial clusters and agricultural product processing zones for SMEs.

The province will consider reducing site rent for SMEs in industrial parks and clusters in the locality, he said.

Liem added that the province has worked to enhance the capacity and effectiveness of contact points for assisting SMEs, while encouraging and helping business households turn themselves into companies.

Binh Duong has also run support programmes for SMEs to help them engage in distribution chains, he said.

In the future, the province will pay more attention to improving the investment environment and competitiveness and provide optimal conditions for local firms, especially SMEs and startup businesses, to develop.

It will mobilise resources to complete its socio-economic infrastructure such as traffic, water supply and waste treatment systems, while expanding industrial parks and creating more clear sites for attracting more investment, developing social housing for workers and stepping up human resource training.

According to the provincial Department of Planning and Investment, as of June 30, the province drew 28.92 trillion VND (1.27 billion USD) in domestic investment, up 12 percent over the same period last year, which poured into 2,762 new firms and 550 existing ones.

So far, the province has attracted 33,548 domestic enterprises with total capital of 266.13 trillion VND (11.7 billion USD).-VNA