Quang Ninh creates healthy investment climate (Photo: VNA)Quang Ninh (VNA) – The northeasternprovince of Quang Ninh is applying a range of measures to remove difficultiesfor businesses by improving investment environment and attracting socialresources for local socio-economic development.
The province has launched the Business Caféprogramme, built a survey tool for social networking, and establishing hotlinesat all departments and sectors as well as organising quarterly and monthlymeetings with enterprises.
In 2017, Quang Ninh had an initiative ofimplementing a social networking survey tool and building a fanpage to updatebusinesses’ reports on administrative procedures relating to economicorganisations.
This move has been highly evaluated byProvincial Competitiveness Index (PCI) experts from the Vietnam Chamber ofCommerce and Industry (VCCI), according to deputy head of the Quang NinhDepartment of Investment Promotion Tran Nhu Long.
The collection of opinions from businessesthrough the social network has helped authorities have more information toanalyse and evaluate the business situation and build policies suitable withthe local conditions.
Furthermore, direct dialogues between localleaders and entrepreneurs in the Business Café programme have been conductedsince 2016 to weather difficulties for businesses.
In August 2017, the Quang Ninh BusinessAssociation launched a new venue for the Business Café programme to create amore professional and friendly space for businesses and authorities to exchangeissues relating to business production activities and one-stop-shopadministrative procedures.
The provincial Department of Science andTechnology and the Business Association have coordinated to organise theTechnology Café programme with the engagement of over 50 local businesses.
The programme eased a number of concerns overthe access to latest technologies, intellectual property, and industrialproperty.
Vice Chairman of the People’s Committee of CamPha city Pham Van Kinh said local authorities have met with businesses topromptly remove their bottlenecks.
In September 2017, Quang Ninh hosted meetingswith over 500 enterprises, cooperatives and business households, he added.
From the late of 2016, Chairman of theprovincial People’s Committee Nguyen Duc Long has directed localities andrelevant agencies to reduce time to address administrative procedures.
The healthier investment climate has helpedQuang Ninh attract more investors. Vietnam’s three biggest economic groups ofVingroup, Sungroup and FLC have been present in Quang Ninh with a number of keyprojects.
Recently,potential investors at home and abroad such as Toray and Sozitaz groups fromJapan, Serra Sunger ve Petrol Urunleri San. Tic.A.S from Turkey, and VINA-CPKcompany from the United Kingdom, Vinci Group from France, Vietnam DairyProducts Joint Stock Company (Vinamilk), and C.E.O Group of Vietnam have movedto study investment in Quang Ninh.
In the first nine months of this year, QuangNinh granted new licenses and adjusted investment certificates for 48 projectsworth over 18.5 trillion VND (814 million USD), equal to 69.5 percent of thesame period last year.
As many as 1,720 businesses were establishedwith a total registered capital of over 7 trillion VND (308 million USD), up 46percent in the number of businesses.-VNA
In the first nine months of this year, QuangNinh granted new licenses and adjusted investment certificates for 48 projectsworth over 18.5 trillion VND (814 million USD), equal to 69.5 percent of thesame period last year.
As many as 1,720 businesses were establishedwith a total registered capital of over 7 trillion VND (308 million USD), up 46percent in the number of businesses.-VNA
VNA
