Business

Quang Ninh creates healthy investment climate

The northeastern province of Quang Ninh is applying a range of measures to remove difficulties for businesses by improving investment environment and attracting social resources for local socio-economic development.
Quang Ninh creates healthy investment climate ảnh 1Quang 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
VNA
#northeastern province of Quang Ninh #remove difficulties for businesses #creates healthy investment climate #socio-economic development #administrative procedures #Provincial Competitiveness Index #Vietnam Chamber of Commerce and Industry #Quang Ninh Business Association #Department of Science and Technology Quang Ninh Vietnam
Follow VietnamPlus

Related News

Quang Ninh province calls for investment

Quang Ninh province calls for investment

The northern coastal province of Quang Ninh will call for investment capital for 18 projects until 2020, at an investment conference on Feb. 24 in Ha Long City.
Quang Ninh calls for Singaporean investment

Quang Ninh calls for Singaporean investment

A seminar promoting investment in the northern province of Quang Ninh held in Singapore on September 13 is expected to open more cooperation opportunities between the two sides in the time ahead.

See more

Industrial production surges in the first two months of 2026. (Photo: VNA)

Industrial production posts strong growth in first two months

According to the National Statistics Office (NSO) under the Ministry of Finance, the index of industrial production (IIP) in February was estimated to decrease 18.4% from the previous month but increase 1% year on year. Overall, in the January–February period, the IIP rose 10.4% compared with the same period last year.

A delegation from the Nghe An provincial People’s Committee inspects production and business activities at the VSIP Nghe An Industrial, Urban and Service Park. (Photo:nhandan.vn)

Nghe An steps up reforms to attract FDI

In 2025, the provincial People’s Committee licensed 25 new FDI projects and approved capital adjustments for 20 others, bringing the total newly registered and additional investment to more than 1 billion USD. Many large-scale projects in the Southeast Nghe An Economic Zone have already become operational, contributing to export growth, state budget revenues and job creation.

Nearly 35,500 enterprises are newly registered nationwide, with total registered capital reaching nearly 313.7 trillion VND and more than 167,500 registered workers. (Photo: VNA)

Nearly 35,500 new businesses set up in first two months

The enterprises registered combined capital of about 313.7 trillion VND and more than 167,500 employees. Compared with the same period last year, the number of new businesses surged by 70.7%, while registered capital rose by 36.1% and registered labour increased by 19.1%.

The yarn factory of Unitex Textile and Dyeing Company Limited applies new technology to optimise operations using an automated model. (Photo: VNA)

Resolution 68: International lessons for private sector development

A common feature in many successful economies is a fundamental shift in the perception of private enterprises. In countries such as Singapore, Germany, Republic of Korea (RoK) and China, private firms are viewed not mainly as entities requiring strict control but as development partners and key forces generating growth, jobs and innovation.

The production line of Regza Electronics Vietnam Co., Ltd. located in Dong Nai province. (Photo: VNA)

Vietnam’s overseas investment rises 2.3-fold in first two months

During the period, 36 new overseas projects were granted investment certificates with total registered capital from Vietnamese investors reaching 532.4 million USD, up 2.3 times compared to the same period last year. In addition, three projects adjusted their capital with an additional 7.8 million USD, 1.5 times higher than a year earlier.

Workers of PTSC Thanh Hoa check the system for crude oil imports. Vietnam saw strong increase in fuel imports in the first two months of this year. (Photo" VNA)

Vietnam records strong increase in fuel imports in two months

Statistics of Vietnam Customs showed that Vietnam spent more than 1.44 billion USD importing 2.18 million tonnes of petroleum products in the first two months of this year, representing a sharp increase of 31.4% and 43%, respectively, over the same period last year.

Prime Minister Pham Minh Chinh visits a macadamia cultivation model in Huoi Tao B village, Pu Nhi commune, Dien Bien province on March 8. (Photo: VNA)

PM requests boosting agricultural development in Northwestern region

PM Chinh encouraged local residents to explore additional crops and livestock suitable for intercropping in order to maximise land use efficiency. Farmers were also urged to strengthen cooperation with one another and with businesses by joining cooperatives, consolidating land resources and working together to expand production and improve incomes.

Farmers in the Mekong Delta province of An Giang harvest rice grown under the project 'Sustainable Development of One Million Hectares of High-Quality, Low-Emission Rice Associated with Green Growth in the Mekong Delta by 2030.' (Photo: VNA)

Promoting high-quality rice exports amid mounting challenges

According to the Ministry of Agriculture and Environment (MAE), an estimated 600,000 tonnes of rice worth 370 million USD was exported in January, up 12.4% in volume and 16.9% in value year-on-year. The average export price reached 616.6 USD per tonne, up 4%.

Fuel supply in Hanoi remains stable. (Photo: VNA)

Fuel prices rise sharply from 3 pm on March 7

Since the beginning of this year, domestic fuel prices have undergone 11 adjustments. During this period, both RON95 and E5 RON92 experienced four decreases and seven increases, while diesel oil two falls and nine hikes.

Customers buy and sell fuel at a Petrolimex petrol station. (Photo: VNA)

Capital’s fuel market remains stable after March 5 price adjustment

Operations at several petrol stations across Hanoi have run normally. Along major routes, petrol stations remained open and continued to serve customers as usual. The number of vehicles refueling showed no major changes compared to the days before the price adjustment. Sales activities continued without interruption, and there were no long queues or supply disruptions.

Thang Long II Industrial Park in Hung Yen province. (Photo: VNA)

Green industrial parks draw FDI to northern Vietnam

From 2026, the industrial real estate market in the northern region is forecast to enter a new growth phase as strategic infrastructure projects near completion, supply expands, and green industrial parks become a decisive factor for foreign direct investment (FDI).