Thursday, 02/10/2025
Bắc Ninh 25 °C / 23 - 30 °C
Hotline: +84.889.859.666

Business
Hot news:
Business
icon
0.5 1.0 1.5
Shares:
icon-zalo

Bac Ninh accompanies enterprises, creates transparent investment environment

Updated: 20:00, 01/10/2025

BAC NINH - The first Party Congress of Bac Ninh province was a success, opening a new development strategy with a streamlined administrative apparatus and broad growth potential. 

In this context, reviewing the process of "Accompanying Enterprises" during the 2020-2025 period is important to identify bottlenecks, draw lessons, and propose practical solutions to continue fostering a favourable environment that supports businesses to break through.

Chairman of the provincial People's Committee Vuong Quoc Tuan directs the removal of difficulties in the construction of Ring Road 4.

During the 2020-2025 term, the province marked itself as one of the leading localities nationwide in attracting industrial investment.

Rapid development created high demand for land funds, infrastructure, and high-quality human resources, while also posing challenges such as administrative procedure bottlenecks, site clearance issues, delays in disbursing public investment capital, and a shortage of skilled technical labour.

Recognising the pioneering role of enterprises in industrialisation, the Party committees and authorities at all levels in the province thoroughly adopted the motto "Accompanying Enterprises," considering "The success of enterprises is the success of the province."

This spirit ran throughout the term, concretised by a series of support mechanisms and policies such as allocating land in industrial parks, promoting small and medium enterprises, developing suppliers, supporting loan interest rates, encouraging investment in high-tech agriculture, supporting industries and logistics, and establishing centres to support innovative startups...

Notably, Bac Ninh is a pioneer nationwide in policies for training high-quality human resources, especially in the semiconductor industry, serving the digital industry development strategy for the 2024-2030 period.

With a commitment to resolve business difficulties quickly and effectively, the province established a task force to support enterprises to grasp the situation, thoroughly handle recommendations, and build a transparent, friendly business environment.

Various models were implemented, such as the "Business Doctor" offering strategic consulting, management advice, and difficulty removal; the "3-Most Quick Response Team" providing the most effective consultation, the fastest resolution, and the safest COVID-19 response.

Additionally, the monthly "Business Meeting" programme created an open dialogue forum between the authorities and enterprises.

Thanks to synchronised solutions to remove bottlenecks, during the 2020-2025 term, the province’s investment and business environment improved significantly. Bac Ninh attracted 1,731 newly registered foreign-invested projects and increased capital for 1,207 projects, with a total registered capital of over 25.1 billion USD. It lured 733 domestic projects and increased capital for 413 projects, with total capital reaching more than 676 trillion VND (25.6 billion USD).

The spirit of "accompanying businesses" continued through dialogue and the hands-on approach of provincial leaders in directing the removal of business obstacles.

Notably, on August 1, 2025, the provincial People's Committee launched the "24-hour Green Lane" and "60% Green Lane" mechanisms in administrative procedures for key projects, greatly facilitating investment activities.

The first provincial Party Congress set the goal of making Bac Ninh a centrally governed city before 2030, and a green, civilised city rich in Kinh Bac cultural identity by 2045.

With over 6,600 domestic and foreign investment projects and nearly 33,500 enterprises, Bac Ninh has great potential to become a new growth pole of the Red River Delta, creating a development environment and contributing to the country's breakthrough in the integration era.

Shares:
icon-zalo
bac-ninh-accompanies-enterprises-creates-transparent-investment-environment-postid427849.bbg

Reader's comments (0)

Your comment...