Tien Giang works to support enterprises
The Mekong Delta province of Tien Giang will actively provide legal support and disseminate legal regulations related to the investment law, business climate and labour in order to help local firms promote production and business in the remaining months of the year.
An aquatic product processing factory in My Tho Industrial Park (Photo: VNA)Tien Giang (VNA) – The Mekong Delta province of Tien Giang will actively provide legal support and disseminate legal regulations related to the investment law, business climate and labour in order to help local firms promote production and business in the remaining months of the year.
According to Nguyen Thanh Liem, deputy head of the provincial Industrial Zones Management Board, the province will speed up administrative reforms and promptly remove difficulties facing businesses in investment attraction and production expansion.
The locality also has priority policies for companies investing in seafood processing for export and food processing for domestic consumption and export, he said.
Local industrial zones (IZs) have lured 91 investment projects with total registered capital of nearly 3.7 billion USD and created jobs for more than 82,000 labourers.
From the outset of the year, production value of businesses based in the IZs reached over 41.8 trillion VND (1.8 billion USD), a year-on-year increase of 17 percent. Their export revenue stood at over 1.5 billion USD, hiking 26 percent from the same time last year and the strongest growth so far.
Tien Giang is currently home to four industrial zones, namely My Tho, Long Giang, Tan Huong and Soai Rap Oil and Gas Services.-VNA
You should also see
Prime Minister receives ASEAN Secretary-General
Prime Minister Pham Minh Chinh on April 23 hosted a reception for ASEAN Secretary-General Kao Kim Hourn who is paying a working trip to Vietnam and attending the ASEAN Future Forum (AFF) 2024 from April 21-24.
See more
Business
Vietnam’s economy shows gradual recovery: WB’s report
Vietnam's economy is showing mixed signs of recovery in early 2024, with growth forecast to reach 5.5% in 2024 and gradually rise to 6.0% by 2025, according to the latest World Bank Taking Stock bi-annual economic update released on April 23.
Business
Tra fish export to UAE jumps 67% in Q1
Vietnam’s tra fish export to the United Arab Emirates (UAE) reached more than 7 million USD in the first quarter of this year, a rise of 67% against the same period last year, statistics of the General Department of Customs showed.
Business
Central bank successfully auctions 3,400 taels of SJC-branded gold bars
The State Bank of Vietnam (SBV) released the outcome of the gold bullion auction on April 23, with two winning bidders securing 34 lots, equivalent to 3,400 taels of SJC-branded gold bars.
Business
Masan completes 250-million-USD investment deal with Bain Capital
Masan Group Corporation on April 23 announced that it has completed the mobilisation of 250 billion USD from Bain Capital, a leading global private investment firm with assets worth 180 billion USD under management.
Business
Capital shortage - headache for construction firms
Domestic construction companies will continue to face difficulties in the second quarter of this year with capital shortage top of their problems, a report has revealed.
