President Truong Tan Sang on October 27 visited the southern province of Binh Duong to inspect general situation and hear reports and proposals of enterprises in the locality.
During his meeting with representatives from 70 firms operating in Binh Duong, Sang spoke highly of the efforts that the firms have made over the past years, and shared their current difficulties.
Business representatives raised the problems that the rescue packages were not sufficient to a majority of enterprises, while priorities so far have only been given to attracting new investment, neglecting operating firms. As a result, a number of foreign-invested enterprises have been reduced production scale.
In response, President Sang said the Party and State are making adjustments in both macro policies and specific measures to assist production.
He suggested that Binh Duong should try to attract investment in hi-tech and high added value industrial sectors.
Despite many difficulties, Binh Duong has so far reached 65 percent of its yearly target for this year, with industrial production value hitting 95,212 billion VND, up 12.7 percent year-on-year.
In the first nine month of this year, the province attracted 9.9 trillion VND (about 472 million USD) in domestic investment and 2.4 billion USD of foreign capital.-VNA
During his meeting with representatives from 70 firms operating in Binh Duong, Sang spoke highly of the efforts that the firms have made over the past years, and shared their current difficulties.
Business representatives raised the problems that the rescue packages were not sufficient to a majority of enterprises, while priorities so far have only been given to attracting new investment, neglecting operating firms. As a result, a number of foreign-invested enterprises have been reduced production scale.
In response, President Sang said the Party and State are making adjustments in both macro policies and specific measures to assist production.
He suggested that Binh Duong should try to attract investment in hi-tech and high added value industrial sectors.
Despite many difficulties, Binh Duong has so far reached 65 percent of its yearly target for this year, with industrial production value hitting 95,212 billion VND, up 12.7 percent year-on-year.
In the first nine month of this year, the province attracted 9.9 trillion VND (about 472 million USD) in domestic investment and 2.4 billion USD of foreign capital.-VNA
