Representatives of domestic and foreign invested firms raised concerns about issues related to investment expansion, labor recruitment, power supply stability, land use, and infrastructure, among others.
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The signing ceremony of the MoU between the Vinh Phuc Investment Promotion and Business Support Center and its partners at the dialogue |
Fielding opinions at the event, Chairman of the Vinh Phuc People’s Committee Tran Duy Dong pledged to step up reforming administrative procedures, accelerate land clearance, and enhance digital services to guarantee a favorable and transparent investment and business climate for enterprises to operate and grow.
The province is also investing in resettlement projects, expanding social housing for workers, and promoting transport connectivity among regions to broaden the economic development space. It will organize programs to strengthen vocational training partnerships between businesses and educational institutions to ensure stable labor supply.
More investment promotion conferences will be held both in Vietnam and abroad to attract investment to Vinh Phuc, he added.
Vinh Phuc is home to about 17,000 enterprises with registered capital amounting to about 292.4 trillion VND (11.4 billion USD). The majority of companies operate in the industrial, construction, and trade - service sectors.
By the end of 2024, the province had attracted 1,326 investment projects, including 481 FDI projects worth over 8.4 billion USD and 845 domestic direct investment ones totaling 145.15 trillion VND. Investors came from 20 countries and territories, including Japan, the Republic of Korea, China, Thailand, Singapore, the E.U., and the U.S., statistics show.
Source: VNA