Vietnam s Bac Giang has vigorously improved the investment and business environment

Mondo Finance Updated on 2024-03-05

Bui Thi Thu Suy, Director General of the Department of Planning and Investment of Bac Giang Province of Vietnam, said that in the coming period, the province will continue to increase efforts to improve the investment and business environment and maintain the province's provincial competitiveness (PCI) index ranking among the top 5 in the country.

Bac Giang province of Vietnam has clearly made the improvement of the investment and business environment and the improvement of provincial competitiveness (PCI) as the top priority of the entire political system; Enhance the trust of enterprises and people, and introduce investment to promote local social and economic development.

In order to further improve the investment and business environment, Bac Giang province will attach great importance to vigorously breaking down bottlenecks and obstacles to create the most favorable conditions for attracting investment and economic and social development; Focus on overcoming difficulties and problems in planning, natural resources, minerals and environmental management, investment, construction, employment, etc.

Vietnam's Bac Giang province has also made efforts to effectively implement a number of measures to solve difficulties in the process of construction investment such as land acquisition, demolition and construction, and construction waste disposal. Effectively implement planning, innovate thinking, change the concept of labor training, and promote school-enterprise cooperation.

In the future, Bac Giang Province will continue to mobilize various resources and focus on building a synchronized economic infrastructure system to meet development requirements. Promote the simultaneous development of industrial infrastructure to attract investment; strengthen the construction of urban infrastructure, promote the development of the service industry, and build regional and sub-regional development centers; Strengthen the construction of social infrastructure and promote the development of social services.

In the process of production and operation, Bac Giang province will work hand in hand with investors to solve various difficulties and obstacles. Departments at all levels hold regular meetings and dialogue meetings to listen to the difficulties, challenges and relevant opinions and suggestions encountered in the process of investment, production and operation of enterprises, so as to be completely resolved; Implement an open and transparent system to publicize the results of the first authorities to enterprises and investors.

In addition, Bac Giang Province of Vietnam also focuses on promoting the development of service industries in industrial parks and industrial clusters such as logistics, banking, customs, accommodation, catering, entertainment, and healthcare in a green and modern direction, creating a civilized, green and safe environment to meet the needs of domestic and foreign investors and experts working in the province, thereby creating a green and sustainable industrial ecosystem that will help improve the provincial Green Index (PGI).

Vietnam's Bac Giang province has a provincial competitiveness index of 72 in 20228 points, ranking second in the country. It can be seen that Bac Giang province has made great progress in improving the provincial investment and business environment, and its ranking has improved by 29 places and 806 points.

In 2023, Vietnam's Bac Giang province continues to set the goal of improving its provincial competitiveness score to be a leader in the country.

Bac Giang Province of Vietnam pays attention to the sense of responsibility, service spirit and attitude of the Ministry of Education and civil servants; Solve the situation of "hot and cold", put an end to the phenomenon of shirking responsibility, and shift from "allowed" thinking to "service" thinking; Clarify the responsibilities and processing time of various contents and tasks related to investors and enterprises.

In addition, Vietnam's Bac Giang province is committed to quickly and effectively breaking the bottleneck of investment and operation; Assist enterprises and investors to solve difficulties.

Foreign investment activities are extremely active and becoming increasingly practical, focusing on attracting investors with strength, advanced and environmentally friendly technologies, and gradually forming the industrial ecosystem of the province.

In 2023, Vietnam's Bac Giang province's most impressive achievement was the annual economic growth rate (GRDP) of 1345%, which is nearly 25 times, ranking first in the country. The province ranks third in the country in terms of the proportion of digital economy. The province has attracted more than 3.2 billion US dollars in investment, of which about 3 billion US dollars in foreign investment (FDI), ranking fourth in the country.

*: Vietnam News Agency.

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