Hai Duong seeks ways to facilitate FDI enterprises

The northern province of Hai Duong has worked continuously to improve its investment environment, removing difficulties and creating favourable conditions to facilitate the operation of foreign direct investment (FDI) enterprises in the locality, the provincial leaders told representatives of 400 FDI firms based in the locality at a meeting on May 18.

Hai Duong seeks ways to facilitate FDI enterprises hinh anh 1

An official of the northern province of Hai Duong answers questions from FDI enterprises' representatives at the meeting. (Photo:VNA)

The northern province of Hai Duong has worked continuously to improve its investment environment, removing difficulties and creating favourable conditions to facilitate the operation of foreign direct investment (FDI) enterprises in the locality, the provincial leaders told representatives of 400 FDI firms based in the locality at a meeting on May 18.

According to Chairman of Hai Duong provincial People's Committee Trieu The Hung, the meeting is an opportunity for the province to listen to FDI firms' opinions and recommendations, thus timely solving bottlenecks that hindering smooth operation of FDI enterprises in the locality.

Representatives of FDI enterprises at the event spoke about problems they are facing, including transport infrastructure, social insurance, site clearance, land lease, regulations on fire prevention and fighting, incentives for FDI enterprises investing outside industrial parks (IPs), procedures and documents for project construction permit, electricity supply situation, and mechanisms for investment in infrastructure in IPs.

Hai Duong provincial Party Committee Secretary Tran Duc Thang admitted limitations in the province's business and investment environment, saying that one of the major causes is the performance of state agencies and civil servants.

He said the province will continue with efforts to improve the business and investment environment, standing side by side with businesses, creating all the most favourable conditions for enterprises to operate in the locality.

To date, the province has 496 FDI projects with a total capital of over 9.2 billion USD from 26 countries and territories, ranking 4th in the Red River Delta region and 11th in the country.

Investors from Asian countries accounted for 90% of the total number of foreign investors; in which, China’s Hong Kong investors accounted for 40%; Japan 16.3%, and the Republic of Korea 15.4% of total registered investment capital.

FDI enterprises currently contribute over 60% of industrial production value of the province. The FDI sector is also a leader in export, international economic integration, creating many new products for locally produced goods and is a bright spot in contributing to the provincial budget every year, accounting for about 30% of the total budget revenue of the locality.

Regarding orientation to attract investment in the coming time, Hai Duong will prioritise projects using high and smart technology, biological industry, new materials, processing industry, manufacturing and supporting industries; projects with high added value, and eco-friendly projects./.

en.vietnamplus.vn

Related News

PM chairs meeting to seek solutions to improve State-owned enterprises" performance

PM chairs meeting to seek solutions to improve State-owned enterprises" performance

Prime Minister Pham Minh Chinh on September 14 chaired a meeting between Cabinet members and State-owned enterprises (SOE) across the country on the promotion of business, production and development investment.
Ho Chi Minh City: Enterprise exports and imports are still decreasing sharply

Ho Chi Minh City: Enterprise exports and imports are still decreasing sharply

VCN - Import and export activities of enterprises in HCM City continue to face difficulties, with imports and exports declining significantly, putting a strain on the state budget in the city.
What to do to develop sustainable exports and diversify markets?

What to do to develop sustainable exports and diversify markets?

VCN - Experts from the National Economics University say that Vietnam mainly depends on a few large export markets, so when these countries fall into a crisis period, export activities will be interrupted.
FDI enterprises are looking for domestic supporting industry suppliers

FDI enterprises are looking for domestic supporting industry suppliers

VCN - Hundreds of domestic supporting industry suppliers participated in the Sourcing Fair Supporting Industries 2023 Conference (SFS 2023) taking place on August 25 with the desire to reach FDI enterprises and industrial manufacturers with a localization strategy for supporting industry products, thereby participating in the global supply chain.

Latest News

Connected transportation creates motivation for economic development

Connected transportation creates motivation for economic development

VCN - From the beginning of the year until now, many key transportation projects across the country have been started, constructed and put into operation, expected to create new momentum for key economic regions and driving force for economic development across the country.
Int"l conference discusses Vietnam-Laos-Cambodia cooperation in digital economy

Int"l conference discusses Vietnam-Laos-Cambodia cooperation in digital economy

More than 100 Vietnamese, Lao, and Cambodian experts, managers, and diplomats joined an international conference on the three countries’ trade and investment cooperation given the digital economy, which took place in Ho Chi Minh City on September 20.
Fertiliser imports reach two-year high in August

Fertiliser imports reach two-year high in August

Vietnam’s fertiliser import volume reached the highest in more than two years in August, according to the General Department of Customs, while prices fell over the previous year.
Maintain "credibility" to stabilize agricultural product exports to the EU

Maintain "credibility" to stabilize agricultural product exports to the EU

VCN - As one of the potential markets for Vietnamese agricultural products, the EU market share for Vietnamese agricultural products has recently developed as much as expected.

More News

Hanoi focuses on building rice trademark

Hanoi focuses on building rice trademark

Hanoi is working to cultivate high-quality rice varieties in 80% of the local rice farming area in a bid to build trademark for the product in the 2021-2025 period.
There will be a system to ensure transactions in e-commerce

There will be a system to ensure transactions in e-commerce

VCN – To support the protection of parties involved in transactions using online payment, the Center for Informatics and Digital Technology (Bureau of E-commerce and Digital Economy, Ministry of Industry and Trade) is expected to launch the system to ensure e-commercial transactions.
Slow removal of IUU "yellow card", loss of many millions of dollars

Slow removal of IUU "yellow card", loss of many millions of dollars

VCN - It is expected that in October 2023, the European Commission (EC) Inspection Team will conduct the fourth assessment on the implementation of strong measures against illegal, unreported fishing and not according to Vietnam's (IUU) regulations. This is a golden opportunity for Vietnam to remove the "yellow card" warning for exploited seafood.
Vietnam plays important role in supply chains of major global sporting goods brands

Vietnam plays important role in supply chains of major global sporting goods brands

Vietnam plays an important role in the supply chains of major sporting goods brands such as Adidas and Nike, which are taking actions to promote green and sustainable production in the country, heard a recent workshop held in Geneva, Switzerland.
OCOP Market – “Launching site” to help Vietnamese agricultural products fly high

OCOP Market – “Launching site” to help Vietnamese agricultural products fly high

VCN - Only the livestream “OCOP Market - Dong Thap - Land of the Red Lotus” attracted more than 24 million visits, 563,000 livestream viewers, bringing in more than VND 556 million in revenue. The products promoted in the livestream came from 12 typical subjects with nearly 35 specialty agricultural products of all kinds such as Linh fish sauce, dried fruit, rice vermicelli... This model is considered as extended arm help local specialties including agricultural products, reach consumers across the country, opening up new opportunities to access international markets and increase revenue.
Vietnam has become a strategic destination in the supply chains of many large corporations

Vietnam has become a strategic destination in the supply chains of many large corporations

VCN - Many corporations, retail and wholesale distribution channels are promoting diversification strategies, ensuring sustainable supply and have chosen Vietnam as a strategic location in their global supply chains.
The bravery of billion-dollar enterprises

The bravery of billion-dollar enterprises

VCN - Becoming a large-scale enterprise has never been without its challenges, even in the current era. Despite the market's numerous fluctuations, as of the end of August 2023, 50 companies have reached a market capitalization of over US$1 billion, among which 11 units have surpassed the US$5 billion mark.
Expectations on the driving force of public investment

Expectations on the driving force of public investment

VCN - Statistics on registration and dissolution show that businesses are still facing very difficult times. Therefore, public investment is still expected to be the driving force leading economic recovery.
Vietnam, China"s Hong Kong promote business connections

Vietnam, China"s Hong Kong promote business connections

The Institute for Economic and Trade Development Research under the Hanoi Department of Science and Technology has coordinated with the Hong Kong Productivity Council to organise the Vietnam - Hong Kong Business Networking in Hong Kong, China, offering an opportunity for businesses from both sides to exchanges business initiatives, information about products, markets and promote investment.
Read More

Your care

Latest Most read
Connected transportation creates motivation for economic development

Connected transportation creates motivation for economic development

VCN - From the beginning of the year until now, many key transportation projects across the country have been started, constructed and put into operation, expected to create new momentum for key economic regions and driving force for economic development
Int"l conference discusses Vietnam-Laos-Cambodia cooperation in digital economy

Int"l conference discusses Vietnam-Laos-Cambodia cooperation in digital economy

More than 100 Vietnamese, Lao, and Cambodian experts, managers, and diplomats joined an international conference on the three countries’ trade and investment cooperation given the digital economy, which took place in Ho Chi Minh City on September 20.
Fertiliser imports reach two-year high in August

Fertiliser imports reach two-year high in August

Vietnam’s fertiliser import volume reached the highest in more than two years in August, according to the General Department of Customs, while prices fell over the previous year.
Maintain "credibility" to stabilize agricultural product exports to the EU

Maintain "credibility" to stabilize agricultural product exports to the EU

VCN - Mr. Dinh Sy Minh Lang, European-American Market Department (Ministry of Industry and Trade) said at the Trade Promotion Workshop to the EU market, "Taking advantage of preferential opportunities for agricultural products from EVFTA in the new contex
Hanoi focuses on building rice trademark

Hanoi focuses on building rice trademark

Hanoi is working to cultivate high-quality rice varieties in 80% of the local rice farming area in a bid to build trademark for the product in the 2021-2025 period.
Mobile Version