Illustrative image (Source: VNA)
The Mekong Delta province of Tra Vinh will adopt a range of measures to improve its provincial competitiveness index in 2019 in an effort to attract more investors.
Chairman of the provincial People’s Committee Dong Van Lam said the province set the goal of raising business support index by 20 places, workforce training by 15-18 places, market participation by 10-13 places; transparency, activeness and vanguard of local authorities by 10 places, legal institution and social security and order by 3-5 places, and fair competition by 2 places.
The provincial People’s Committee directed the provincial business association, the Department of Planning and Investment, the management board of economic zones, departments and agencies to hold dialogues with enterprises at least twice per year to remove their difficulties.
Leaders of the province will also maintain meetings with businesses on the second Saturday of each month.
The provincial Centre for Public Administration was asked to create favourable conditions for individuals and firms to save unofficial costs and shorten time for their market access.
The province will also continue refining mechanisms and policies related to business development and start-up support so as to create a community of enterprises capable of joining sectoral linkage activities and value chain in production.
Thanks to improving its administrative reform and business environment, Tra Vinh attracted 76 projects with a total registered capital of more than 248 million USD in 2018, compared to 52 projects in the previous year, Lam said.
The province is now home to 283 projects, including 39 foreign-invested ones worth 3.25 billion USD and 244 domestic projects valued at more than 101.6 trillion VND (4.37 billion USD).
A large number of investors from Japan, the Republic of Korea, China, Germany, Belgium, Russia and Thailand have come to learn about the local business environment./.