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 (Photo: VNA)Quang Ninh (VNA) – 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.
The province has launched the Business Café programme, built a survey tool for social networking, and establishing hotlines at all departments and sectors as well as organising quarterly and monthly meetings with enterprises.
In 2017, Quang Ninh had an initiative of implementing a social networking survey tool and building a fanpage to update businesses’ reports on administrative procedures relating to economic organisations.
This move has been highly evaluated by Provincial Competitiveness Index (PCI) experts from the Vietnam Chamber of Commerce and Industry (VCCI), according to deputy head of the Quang Ninh Department of Investment Promotion Tran Nhu Long.
The collection of opinions from businesses through the social network has helped authorities have more information to analyse and evaluate the business situation and build policies suitable with the local conditions.
Furthermore, direct dialogues between local leaders and entrepreneurs in the Business Café programme have been conducted since 2016 to weather difficulties for businesses.
In August 2017, the Quang Ninh Business Association launched a new venue for the Business Café programme to create a more professional and friendly space for businesses and authorities to exchange issues relating to business production activities and one-stop-shop administrative procedures.
The provincial Department of Science and Technology and the Business Association have coordinated to organise the Technology Café programme with the engagement of over 50 local businesses.
The programme eased a number of concerns over the access to latest technologies, intellectual property, and industrial property.
Vice Chairman of the People’s Committee of Cam Pha city Pham Van Kinh said local authorities have met with businesses to promptly remove their bottlenecks.
In September 2017, Quang Ninh hosted meetings with over 500 enterprises, cooperatives and business households, he added.
From the late of 2016, Chairman of the provincial People’s Committee Nguyen Duc Long has directed localities and relevant agencies to reduce time to address administrative procedures.
The healthier investment climate has helped Quang Ninh attract more investors. Vietnam’s three biggest economic groups of Vingroup, Sungroup and FLC have been present in Quang Ninh with a number of key projects.
Recently,
potential investors at home and abroad such as Toray and Sozitaz groups from
Japan, Serra Sunger ve Petrol Urunleri San. Tic.A.S from Turkey, and VINA-CPK
company from the United Kingdom, Vinci Group from France, Vietnam Dairy
Products Joint Stock Company (Vinamilk), and C.E.O Group of Vietnam have moved
to study investment in Quang Ninh.
In the first nine months of this year, Quang Ninh granted new licenses and adjusted investment certificates for 48 projects worth over 18.5 trillion VND (814 million USD), equal to 69.5 percent of the same period last year.
As many as 1,720 businesses were established with a total registered capital of over 7 trillion VND (308 million USD), up 46 percent in the number of businesses.-VNA
In the first nine months of this year, Quang Ninh granted new licenses and adjusted investment certificates for 48 projects worth over 18.5 trillion VND (814 million USD), equal to 69.5 percent of the same period last year.
As many as 1,720 businesses were established with a total registered capital of over 7 trillion VND (308 million USD), up 46 percent in the number of businesses.-VNA
You should also see
PM urges village elders, citizens to help preserve cultural heritage
Prime Minister Pham Minh Chinh has asked village elders and chiefs, skilled artisans and reputable citizens to make greater efforts to preserve and promote tangible and intangible cultural heritage, which is the quintessence and core value of the nation.
See more
Business
Vietnam treasures multifaceted cooperation with Côte d'Ivoire: Deputy FM
Vietnam always attaches importance to and wishes to bolster multifaceted cooperation with Côte d'Ivoire – its traditional friendship partner in Africa, Deputy Minister of Foreign Affairs Nguyen Minh Hang has said.
Videos
Foreign investment driven towards new breakthrough phase
Vietnam has so far drawn nearly 500 billion USD in registered FDI capital after nearly four decades of opening up its economy, with investment quality improvement considered a key task for a new breakthrough phase ahead.
Business
Quang Ninh attracts additional 115 million USD from Japan investors
The Quang Ninh Economic Zone Authority (QEZA) presented investment certificates to two Japanese projects worth 115 million USD in total at a conference held at Song Khoai Industrial Park (IP) on April 19.
Business
Central bank plans to auction gold bars on April 22
The State Bank of Vietnam (SBV) will auction SJC-branded gold bars on April 22, a representative of the central bank said on April 19.
Business
Hanoi to host Vietnam Medipharm Expo 2024
The 31st Vietnam International Medical and Pharmaceutical Exhibition (Vietnam Medipharm Expo 2024) is scheduled to take place in Hanoi from May 9 to 12, an official of the Ministry of Health (MoH) told a press conference on April 19.
