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Further improving business and investment environment

Updated: 19:29, 16/01/2019
(BGO) – Nguyen Van Linh,  Chairman of Bac Giang provincial People’s Committee (PPC) cum Head of the Steering Board for supporting and investing in enterprises in Bac Giang province (Steering Board) on January 15 chaired a meeting to review the status of local investment support and business development in 2018 as well as execute the tasks and solution in 2019.  

Thanks to the strict instruction from the provincial leaders on synchronizing the solution to improve the business and investment environment; enhancing the provincial level competitiveness capability; actively accompanying the enterprises to timely handle the arising difficulties as well as the great efforts of the competent agencies and district authorities, the province achieved many positive results in investment attraction in 2018 and rank in the top list of FDI projects across the nation.

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The overview of the meeting.

178 projects were approved for investment policy in the local in 2018, including 111 domestic investment (DI) projects with the registered capital of some 2 trillion VND (over 86.2 million USD) and 68 foreign investment (FDI) projects totally worth about 184 million USD.

Besides, nearly 1,240 enterprises were granted with the certificate of the new establishment with a total registered capital of over 9.9 trillion VND (over 426.9 million USD).

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PPC Chairman Nguyen Van Linh requests the sectors and levels to raise their responsibility and ethics of the officers and public servants during conducting the task to boost the investment attraction.

At the meeting, the representatives stated several difficulties and shortcomings in the investment support, enterprise development such as disqualified management of planning, delayed completion schedule of Industrial Parks’ infrastructure among others.

Concluding the event, PPC Chairman Nguyen Van Linh urged the Steering Board’s members to continue improving the local business and investment environment; reinforcing the responsibility and public service ethics of the staff, public servant as well as the leaders in conducting the public tasks so as to boost up the investment attraction.

Additionally, the execution of big investment projects should be sped up in the local area while specifying the key and major businesses during inspection to avoid harassing the firms.

Also, the PPC Vice Chairman requested the Department of Planning and Investment to coordinate with the Management Board for the provincial Industrial Parks (IP) to consult and propose to expand new IPs as well as submit monthly schedule report of BT and big projects.

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Director of the Department of Planning and Investment Trinh Huu Thang discusses at the meeting.

Meanwhile, the Department of Construction should chair the working session with the People’s Committees in the districts of Yen Dung, Viet Yen, Hiep Hoa and Bac Giang city to lure more investment projects in social houses and revise the construction licensing procedure.

The Management Board for the provincial IP was urged to reinforce the governmental management, expedite the investors to boost up the construction progress of IP’s infrastructure while the provincial Public Security should collaborate in dealing with the newly arising issues in the IPs to ensure the public order and security in the area.

Support women in business startup
(BGO) – Implementing the member support programme in 2019, the Bac Giang provincial Women’s Association has disbursed the budget of “Supporting women in business startup and development”. 
 
Youngsters establish business at hometown
(BGO) – To lure the young generation start the business at the hometown, the Ho Chi Minh Communist Youth Union (HCMCYU) in Tan Dan town, Yen Dung district (Bac Giang province) has appealed and gathered the youngsters to set up the club helping each other develop the economy since 2016.
 
Over 14 trillion VND lent to enterprises to develop production and business
(BGO) – According to the State Bank of Bac Giang province, so far the commercial banks in the province have disbursed  over 14 trillion VND (over 600 million USD) to nearly 1,500 enterprises who borrowed the capitals for production and business development, up more than 1 trillion VND (42.9 million USD) comparing to the late period last year. 
 
Bac Giang vows to continue removing difficulties for investors, businesses
(BGO) - On October 24, Chairman of the Bac Giang provincial People's Committee Nguyen Van Linh, who is also head of the Steering Committee for Supporting Investment and Business Development of Bac Giang province, chaired a committee’s meeting to evaluate investment and business development support activities in the province since August 2018 and launch tasks in the coming time.
 
Bac Giang holds conference themed “Businesswomen grasp oppoturnity, overcome challenge”
(BGO) – The Businesswomen’s Association in the northern province of Bac Giang has recently held a conference themed “Businesswomen grasp the opportunity, overcome challenge” on the anniversary of Vietnam Businessmen Day (October 13) and Vietnamese Womens’ Day (October 20). 
 

Hai Huyen

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