Northeastern Quang Ninh province expects a GDP growth of 11-12 percentin the second half of the year, it was reported at a recent businessconference.
Nguyen Van Doc, Chairman of the provincial People'sCouncil, praised the contribution of businesses to the province'seconomic development in the first half of the year. The province's GDPin the six month period reached 8.9 percent, taking second place amonglocalities in the key economic northern region.
Doc said thiscontribution to the State budget was relatively high, especially asrevenues from local production accounted for 56 percent of the total.
"Theseresults were thanks to the important contribution of enterprises," hesaid, adding that Quang Ninh province would continue supportingcompanies, as well act to quickly assist them in any difficulties theyconfront.
Statistics from the provincial Department of Planningand Investment showed that businesses in the province have increasedproduction due to the Government's supporting policies, as well as theirown efforts.
In the first half of the year, State-ownedenterprises had the highest contribution to the State budget at 4.2trillion VND (194.4 million USD), posting a 2 percent year-on-yearincrease.
Further, increases in foreign direct investedenterprises was 15 percent lower than the same period last year,reaching 474 billion VND (21.9 million USD), while non-governmentalbusinesses contributed 808 billion VND (37.4 million USD), which was 10percent higher than the corresponding period last year.
NguyenVan Minh, the department's director, said the province had 516 newlyestablished businesses with total registered capital of 6.5 trillion VND(300.9 million VND), representing 40 percent and 187 percentyear-on-year increases, in terms of business numbers and capital,respectively.
It was expected that 5,660 people would be employedby the newly established firms, an increase of 64 percent over the sameperiod last year. More than 160 companies reported operations that were1.7 percent higher than last year.
However, there were 66 companies in the midst of dissolving, while another 215 firms halted operations.
Hesaid the province received 64 proposals from businesses as of July 7.Of these, 22 proposals came from the coal industry and 42 ones fromother economic sectors.
The proposals were related to policies onland, natural resource management, investment, administrativeprocedures, transport management and minerals. The province answered theproposals of each unit.
Neerav Kumar Gupta, General Director ofthe Tien Phong Industrial Zone Company, which was granted licence tobuild the South Tien Phong Port in Quang Yen town, said they had faceddifficulties due to transport, electricity and water infrastructure. Heexpected that the province would have solutions to create favourableconditions for their operation.
The province's leader said they had studied solutions to meet their commitments relating to their support of the infrastructure.
Arepresentative from the Mong Duong Thermopower Plant 2 said they hadreceived much attention from the province regarding land clearance,licencing and infrastructure development. They had also striven toensure issues of progress and labour safety.
He proposed that theprovince should continue to improve the provincial competitivenessindex (PCI), training high quality employees.
In addition, they expected to received preferential assistance in building the Mong Duong Thermopower Plant 3.
Other businesses also hailed the province's efforts in helping them overcome difficulties.-VNA
Nguyen Van Doc, Chairman of the provincial People'sCouncil, praised the contribution of businesses to the province'seconomic development in the first half of the year. The province's GDPin the six month period reached 8.9 percent, taking second place amonglocalities in the key economic northern region.
Doc said thiscontribution to the State budget was relatively high, especially asrevenues from local production accounted for 56 percent of the total.
"Theseresults were thanks to the important contribution of enterprises," hesaid, adding that Quang Ninh province would continue supportingcompanies, as well act to quickly assist them in any difficulties theyconfront.
Statistics from the provincial Department of Planningand Investment showed that businesses in the province have increasedproduction due to the Government's supporting policies, as well as theirown efforts.
In the first half of the year, State-ownedenterprises had the highest contribution to the State budget at 4.2trillion VND (194.4 million USD), posting a 2 percent year-on-yearincrease.
Further, increases in foreign direct investedenterprises was 15 percent lower than the same period last year,reaching 474 billion VND (21.9 million USD), while non-governmentalbusinesses contributed 808 billion VND (37.4 million USD), which was 10percent higher than the corresponding period last year.
NguyenVan Minh, the department's director, said the province had 516 newlyestablished businesses with total registered capital of 6.5 trillion VND(300.9 million VND), representing 40 percent and 187 percentyear-on-year increases, in terms of business numbers and capital,respectively.
It was expected that 5,660 people would be employedby the newly established firms, an increase of 64 percent over the sameperiod last year. More than 160 companies reported operations that were1.7 percent higher than last year.
However, there were 66 companies in the midst of dissolving, while another 215 firms halted operations.
Hesaid the province received 64 proposals from businesses as of July 7.Of these, 22 proposals came from the coal industry and 42 ones fromother economic sectors.
The proposals were related to policies onland, natural resource management, investment, administrativeprocedures, transport management and minerals. The province answered theproposals of each unit.
Neerav Kumar Gupta, General Director ofthe Tien Phong Industrial Zone Company, which was granted licence tobuild the South Tien Phong Port in Quang Yen town, said they had faceddifficulties due to transport, electricity and water infrastructure. Heexpected that the province would have solutions to create favourableconditions for their operation.
The province's leader said they had studied solutions to meet their commitments relating to their support of the infrastructure.
Arepresentative from the Mong Duong Thermopower Plant 2 said they hadreceived much attention from the province regarding land clearance,licencing and infrastructure development. They had also striven toensure issues of progress and labour safety.
He proposed that theprovince should continue to improve the provincial competitivenessindex (PCI), training high quality employees.
In addition, they expected to received preferential assistance in building the Mong Duong Thermopower Plant 3.
Other businesses also hailed the province's efforts in helping them overcome difficulties.-VNA
