Positive changes in Hai Duong’s investment and business environment
Cooperation - Investment - PublishedTime : 06:41, 09/06/2023
A representative of the provincial Police answers a company’s question about fire prevention and fighting at a meeting between the provincial leaders and FDI enterprises in the province on May 18, 2023
The Party Committee of Hai Duong province issued Resolution 08-NQ/TU in 2021 on strongly improving the provincial investment and business environment and competitiveness in the 2021-2025 period.
The move was aimed at building enterprises’ trust in the government’s economic management.
Over the past time, authorities at all levels in the province have taken a lot of measures to realize the resolution.
The provincial authorities defined key tasks, focusing on administrative reform, to facilitate investment, production, and business activities of civilians and enterprises.
They reviewed all administrative procedures related to investment and business and put qualified ones online at level 3 or 4.
The time needed to process administrative procedures in the fields of business registration, investment, investment project appraisal, land, work permit, etc. was further shortened.
It now takes no more than two workdays to register business. The certification of investment in a project under the authority of the Department of Planning and Investment requires seven instead of 15 workdays. The time to license a foreign worker fell from 30 to 20 workdays…
Another imprint of Hai Duong in realizing Resolution 08 is the frequent organization of meetings between the provincial leaders and domestic and foreign-invested (FDI) enterprises to promptly remove their difficulties.
As a result, businesses have confidence in the government’s direction and administration and can continue investment, production, and business with peace of mind.
Chairman of the provincial Association of Small- and Medium-sized Enterprises Doan Van Nghe welcomes the province's approach.
“The provincial leaders’ proactive grasping of enterprises’ business situation and problems demonstrates their goodwill and contributes to narrowing the gap between authorities and businesses for the parties to find a common voice,” said Nghe.
Leo Paper Products (Vietnam) Ltd. is considering expanding its production scale in Hai Duong
Such efforts in improving the business and investment environment resulted in significant changes in Hai Duong’s Provincial Competitive Index (PCI).
The province’s 2021 PCI ranked 13th in Vietnam and 6th in the Red River Delta. Its 2022 Provincial Green Index made an impression with the 6th place nationwide despite a slight decrease in PCI ranking.
Hai Duong has defined five key tasks to improve the business and investment environment in 2023.
Those are to create a breakthrough in administrative reform; ensure transparency and enhance businesses’ access to resources; improve the quality and efficiency of business support services; focus on solving difficulties and problems and creating a favorable and stable environment for investment and business activities; and innovate and heighten the quality and efficiency of investment promotion activities.
The province will attach special importance to training to build a qualified and professional staff for quick and timely support and guidance of enterprises.
Violations causing troubles to enterprises during performance of public services will be strictly handled.
| Hai Duong province recorded 1,436 new businesses with a total registered charter capital of 18,448 billion VND in 2021. 1,600 enterprises registered for establishment in the province in 2022 with a total capital of 17,500 billion VND, up 11.4% in the number of enterprises. The province had an additional 794 businesses with over 6,800 billion VND in registered capital in the first five months of 2023. It lured 363.5 million USD in FDI in 2022, an increase of 13.8% year on year. |
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