Ha Nam devises measures to support FDI firms in COVID-19 fight
Authorities of the northern province of Ha Nam have strived to ease difficulties for foreign businesses operating in the locality in the face of the novel coronavirus disease (COVID-19).
HaNam (VNA) - Authorities of the northern province of Ha Nam havestrived to ease difficulties for foreign businesses operating in t🥂he locality in the face of the novelcoronavirus disease (COVID-19).
Morethan 200 foreign firms are operating across seven industrial zones of Ha Nam, mostof them from Japan, the Republic of Korea (RoK) and Taiwan (China). Sincethe start of the outbreak earlier this year, about half of the firms sufferedeconomic losses of 30 percent compared to the same period last year. Most ofthe firms are facing a shortage of materials andforeign experts from China and the RoK, which are among the countries hardest-hit by theoutbreak. Inthe period, many foreign direct investment (FDI) projects have been laggingbehind in their implementation and the province reported no new projects. TheHa Nam People’s Committee has assigned the Management Board of industrial zonesin the province to review and work with the firms to catch up on theiroperations during the outbreak. Headof the board Tran Van Kien said it has regularly reported current problems ofbusinesses to the provincial People’s Committee and enhanced communications onefforts of the Vietnamese Government and local authorities in COVID-19prevention and control, in an attempt to ensure stable operation of thefirms. Inaddition, customs officials are asked to create optimal conditions for the import of materials, machinesand equipment of local businesses. Furthermore,departments and sectors are requested to bolster administrative reforms,especially in the assessment of investment projects to besubmitted to the provincial People’s Committee, in order to speed up theproject implementation./.
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Prime Minister Nguyen Xuan Phuc on January 11 urged the northern province of Ha Nam to further carry forward its potential and advantages as a gateway of Hanoi capital city, and make breakthroughs in development.
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Illustrative image (Photo: VNA) 
