Illustrative image (Source: http://baoquangninh.com.vn) Quang Ninh (VNA) – Doing business in Quang Ninh has become easier in recent years, thanks to local authorities’ efforts to simplify administrative procedures.
The northern coastal province has an automatic customs monitoring system and has digitised many administrative procedures.
It has simplified procedures related to business registration and construction licensing, reducing time and money for enterprises.
These efforts have helped reduce time of customs clearance for imported goods to only 24 hours instead of 39 hours as previously.
Meanwhile, the time for individuals and organisarions to complete procedures to start business is six days, a cut of three quarters of the time compared with regulations in Government Resolution 19. Meanwhile, the time for granting construction permits is no more than 52 days, 68 days less than regulations in Government Resolution 19.
Thanks to the locality’s efforts to cut time spent processing administrative procedures, the locality’s investment environment has improved remarkably.
In 2018, Quang Ninh granted and adjusted investment licences for 50 projects with total registered capital of more than 23.6 trillion VND (over 1 billion USD).
As many as 67.6 trillion VND was poured into the province in the year, including key infrastructure projects such as Ha Long - Hai Phong and Ha Long - Van Don expressways, Van Don International Airport, Hon Gai international port and FLC Ha Long Bay Golf Club and luxury Resort, greatly contributing to the province’s development.-VNA
VNA
