Investment Promotion Conference “Vinh Phuc – Potentials and Investment opportunities

30/12/2016

 

In the afternoon of 27/12, at the Convention Center of Vinh Phuc, the provincial People's Committee held a conference on investment promotion in 2016 to listen to the opinions of domestic and foreign investors about attracting foreign investment to offer appropriate policies, creat favorable investing environment for investors.

Attending the conference, there were Prime Minister Nguyen Xuan Phuc, Deputy Prime Minister Trinh Dinh Dung, Ambassadors of Italy, Indonesia, Malaysia in Vietnam; leaders of some ministries and central agencies.

From the province of comrade, there were: Secretary Hoang Thi Thuy Lan, Deputy Permanent Secretary cum Chairman of Provincial Council Tran Van Vinh, Chairman of People’s Committee Nguyen Van Tri, leaders of departments, localities; domestic and foreign enterprises.


Prime Minister Nguyen Xuan Phuc spoke at the conference

Speaking at the conference, Secretary Hoang Thi Thuy Lan stressed: After 20 years of re-establishment, the socio - economic development of Vinh Phuc has made significant progress. The economic growth rate is over 15.3% on average; collecting revenue is in the national top. Labor quality is always appreciated higher than many other localities in the region; the political and social stability, national defense - security, social order and safety are maintained. These achievements have been contributed by investors, foreign and domestic enterprises. Therefore, the province always identifies them as the important driving force for the provincial development; then, the province is responsible for creating a favorable business environment for businesses.

The Secretary also affirmed that along with effectively implementing the guidance of the Prime Minister on "3 companion, 5 support" for enterprises, Vinh Phuc determines to improve the investing environment to achieve "good 3”, including: good and comprehensive legal environment; good infrastructure; good corporate service. The conference orgnized on the 20th anniversary is an opportunity for managers, investors, to exchange and learn about the potentials, advantages, opportunities in investment. Then, the provinces can issue mechanisms, policies to further improve the investing environment and create favorable conditions for businesses.

Secretary Hoang Thi Thuy Lan presented emulation flag of PPC
for three typical enterprises of Vinh Phuc in the period of 1997-2016

Discussing at the conference, representatives of central agencies and businesses asserted: Vinh Phuc has enough necessary conditions to become one of the most ideal places in the North. However, the current results have not been commensurate with the potentials and advantages of the province. Investors hoped that in the coming time, Vinh Phuc would exploit its advantages to further develop these types of tourism, trade; promote investment activities in order to retain investors, especially big investors, create jobs for workers; continue to reform administrative procedures for investors.

At the conference, Prime Minister Nguyen Xuan Phuc praised and recognized the outstanding achievements of the province during 20 years. To continue to make a strong breakthrough in the coming time, Prime Minister asked the province to continue to build favorable conditions and business environment to attract investors to Vinh Phuc.

On specific tasks, the Prime Minister suggested Vinh Phuc to create a legal framework of transparency, fairness; put enterprises in the center of the socio - economic development; strengthen dialogue with businesses, timely remove difficulties and obstacles for the development, improve the living environment and investing environment for businesses. In the overall planning, the province should focus on regional cohesion, create a competitive difference in attracting domestic and foreign investment; turn Vinh Phuc into liveable, peaceful and attractive place…


Prime Minister Nguyen Xuan Phuc, Deputy Prime Minister Trinh Dinh Dung
and provincial leaders witnessed the signing of MOU between Vinh Phuc province and investors

Receiving the direction of Prime Minister Nguyen Xuan Phuc and ideas of participants, Chairman Nguyen Van Tri committed to the domestic and foreign investment that the province will continue apply adequate incentives, investment support with specific solutions;  supply businesses clean land in the shortest possible time; solve labor problems; construct technical infrastructure in and outside industrial parks, urban and service areas…

Mr. Chairman affirmed  that with the high determination of the province, the support from the Central Government, and the constantly improved investing environment, the response from businesses, the investment climate of Vinh Phuc province will continue to make new breakthroughs in the near future.

On this occasion, the PPC presented 3 emulation flags for typical enterprises in Vinh Phuc in 1997-2016; granted the investment policy decision, registration certificates for 14 projects invested by 12 investors.

The conference also witnessed the signing of the Memorandum between Vinh Phuc and 12 investors, and the signing ceremony of cooperation agreements among branches of Vietinbank with businesses to invest in the province.

Bích Phượng

 

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