Thai Binh works to clear hurdles for enterprises

Hanoi (VNA) – The authorities in the northern province of Thai Binh have stepped up work in investment attraction and easing obstacles for firms in a practical and effective manner.

As heard at a meeting of the provincial People's Committee on the socio-economic situation in August and the first eight months of the year, in August, despite complicated developments of COVID-19, under the authorities’ drastic direction, the local people's health and safety were ensured, while stable economic development was sustained.

Thai Binh’s August industrial production value increased by 1.8 percent compared to July and increased by 35.9 percent on-year. The value amounted to over 48.6 trillion VND (2.13 billion USD) during January – August, up 13.6 percent annually.

Also in the eight-month period, the province’s total budget revenue was estimated at 14,287 billion VND, equaling 97.6 percent of the plan for the period, and growing 8.6 percent over the same period last year.

By August 20, Thai Binh had approved and adjusted investment policies for 49 projects, with their freshly and additionally registered capital exceeding 10.3 billion VND.

Nguyen Khac Than, Vice Secretary of the provincial Party Committee and Chairman of the provincial People’s Committee, has requested all-level competent agencies and sectors to focus on COVID-19 prevention and control, direct agricultural production, and conduct measures for natural disasters prevention and control.

Attracting investment, tackling difficulties for enterprises, and speeding up the disbursement of public investment and the building of a medium-term public investment plan and a public investment plan for 2022 are also necessary, the official added./.