(HBO) - On April 11, a delegation from the provincial People’s Council led by Vice Chairman Hoang Van Tu inspected investment attraction and management of delayed projects using non-State capital and land in line with the Law on Land and the Law on Investment.


As of December 31, 2018, there were 525 projects in the locality, including 39 foreign invested ones with a total registered capital of 670 million USD and nearly 430ha of land and 486 domestic projects valued at about 65.5 trillion VND and roughly 37,400ha of land. As many as 197 projects have so far been terminated and revoked, including 19 FDI ones.

As of the late December 2018, 270 projects were put into operation, 44 underway, 137 dealing with land procedures, site clearance and other procedures, 35 delayed, 20 shut down production and trade, and 19 suspended.


Vice Chairman of the provincial People’s Council Hoang Van Tu speaks at the event.

Vice Chairman of the provincial People’s Council Hoang Van Tu suggested that the council should promptly study and issue a resolution on the issue. The provincial People’s Committee will continue directing investment attraction, earmarking local State budget to attract investment, build infrastructure at industrial zones and complexes, prepare clean land sites to draw investment, review delayed projects and offer all possible support to investors. The provincial Department of Planning and Investment will advise the provincial People’s Committee to issue decentralised management regulations for projects using non-State budget, work more closely with State management agencies to deal with administrative procedures, provide online public administration services, especially in investment, construction, land, taxation and finance, and improve the efficiency of choosing and evaluating projects.

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