For Lang Son province to become a key economic driver of the Northeast region, in recent years, the provincial government has carried out many solutions to enhance the investment and business climate and utilize maximum potential and advantages to draw more investors to the province.
FDI enterprises have worrying downsides in addition to positive contributions they have made. Many provinces and cities in Vietnam, especially big economic centers, have increasingly inadequate room for development, pushing the country to pick up a new higher-quality investment wave.
The FDI attraction policy must be proactive with a strong focus placed on quality, effectiveness, technology and environmental protection.
To enhance the quality of investment and business environment, foster innovative promotion activities to draw new investment projects, Quang Nam province always focuses on ‘localized’ investment promotion by effectively supporting existing projects whose investors will recommend the province to others. Vietnam Business Forum has an interview with Mr. Nguyen Quang Thu, Director of the Department of Planning and Investment of Quang Nam province, on this content.
After 18 years of establishment (in 2003), Chu Lai Open Economic Zone is catching greater attention of investors and becoming their top choice for investment projects. With the spirit of open cooperation, the authority always accompanies and supports investors in doing business, said Mr. Le Vu Thuong, Director of Chu Lai Open Economic Zone Authority, in an interview offered to Vietnam Business Forum. Ngo Khuyen reports.
In the 5-year period of implementing the Resolution of the 10th Provincial Party Congress, although there have been many difficulties and challenges, with the efforts of the whole Tay Ninh province, the Provincial Economic Management Board have supported, creating favorable conditions for licensed projects to quickly go into operation and production effectively, the situation of attracting investment in Industrial zones (IZs) and Economic zones (EZs) of the province has been prosperous.
Ending the 2016 - 2020 term, besides achievements in socioeconomic development, Tay Ninh province also obtained outstanding results in investment attraction, especially in FDI attraction. Director Trinh Ngoc Phuong of the Department of Planning and Investment said Tay Ninh province is winning greater trust and satisfaction of businesses for its open, transparent and attractive investment environment, investment incentive policies, friendly and enthusiastic government.
Hanoi has compiled a plan on attracting between US$30-40 billion worth of foreign direct investment (FDI) during the 2021-2025 period, Deputy Director of the municipal Department of Planning and Investment Vu Duy Tuan told a working session with local authorities on April 19.
A forum to promote investment in industries in Vietnam was held online on April 15 within the framework of the Vietnam International Trade Fair (Vietnam Expo 2021) in Singapore.
With expectation to develop into a leading digital economy in Southeast Asia over the next decade, Vietnam is also witnessing a strong inflow of high-tech investment swelling performance in the region.
Vietnam witnessed new gigantic foreign direct investment (FDI) projects in late March and early April 2021.
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