(HBO) – The provincial Business Association held a conference on October 26 to discuss ways improving local business environment and competitiveness index.

Secretary of the provincial Party Committee and Honorary Chairman of the provincial Business Association Ngo Van Tuan addresses the conference.

In the past nine months, the province drew 35 projects, including two foreign-invested ones with a total registered capital of over 16.8 trillion VND. As of the late September, there were 589 projects, including 41 foreign-invested ones, worth more than 99.3 trillion VND. As many as 275 projects have been put into operation, or 46.7 percent of the total.

In order to improve business environment, the provincial Party Committee and People's Committee issued a number of documents directing administrative reform, held meetings and dialogues to clear difficulties faced by businesses and reform apparatus. However, problems remain such as excessive, overlapping and sub-standard planning which hampers investment and development. Administrative procedures regarding land is considered the leading trouble for firms. Many enterprises find it hard to access budget documents, land use planning and public investment plan. Access to information relies on relationship while firms also face burden related to inspection.

Speaking at the event, President of the Vietnam Chamber of Commerce and Industry Vu Tien Loc lauded Hoa Binh for its improved provincial competitiveness index (PCI) last year. He said there remains room for the province to improve business climate and competitiveness, becoming a new destination for investment attraction. In the near future, he suggested enhancing communications to introduce its potential and advantages, especially in tourism, high-tech agriculture, industry, particularly support industry to serve the capital and northern key economic zone. He also called for facilitating firms’ access to transparent information, tackling difficulties regarding land, taxation and insurance procedures while improving working efficiency of the local public administration service centre and the role of business association.

Secretary Tuan said in the near future, the provincial Party Committee and People’s Committee will drastically direct planning, improve the working efficiency of one-stop shop mechanism, remove bottlenecks in land and inspection procedures. Departments, agencies, districts and city need to assign specific tasks to officers and step up digital transformation among firms. The business association must raise its sense of responsibility for assessing PCI and reporting difficulties to provincial leaders./.

 


Related Topics


1.5 tonnes of fries released to regenerate aquatic resources in Hoa Binh Lake

The provincial Department of Agriculture and Rural Development on November 20 coordinated with Hai Dang Group Hoa Binh Seafood Company Limited to release 1.5 tonnes of fries into Hoa Binh Lake to regenerate aquatic resources, with a total value of 266 million VND (10,460 USD).

Hoa Binh leader meets Indian Ambassador

On the afternoon of November 16, Nguyen Phi Long, alternate member of the Party Central Committee and Secretary of the provincial Party Committee, held a reception for a delegation from the Indian Embassy led by Ambassador Sandeep Arya. The delegation included the chairperson of the Indian Chamber of Commerce in Vietnam, embassy personnel, and Indian businesses operating in Vietnam. Accompanying Long at the meeting were leaders of the provincial People's Committee and representatives from various departments and sectors.

Conference looks to promote Hoa Binh – India cooperation

Hoa Binh province hosted the "Meet India 2024" conference on November 16, marking a significant step in strengthening bilateral economic ties between Vietnam and India.

Cao Phong promotes great national unity strength in building new life

In recent times, with its core role in building and fostering great national unity, Cao Phong district's Vietnam Fatherland Front Committee has actively carried out its responsibilities and front work, and closely collaborated with member organisations to encourage locals to implement the Party’s guidelines, and the State’s policies and laws. At the same time, it has worked to promote the dynamism, creativity, and contributions of officials, Party members, and local people to help the district develop further.

Yen Thuy moves to boost export of shallot products

From a type of bulb used as a seasoning for daily meals, thanks to the efforts of local authorities and farmers, shallots have become a commercial crop in Yen Thuy district, contributing to promoting the transformation of crop structure in agricultural production, bringing higher incomes to locals.