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Tra Vinh province strives to lure more investors in 2019

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.
Tra Vinh province strives to lure more investors in 2019 ảnh 1Illustrative image (Source: VNA) 
Tra Vinh (VNA) – The MekongDelta province of Tra Vinh will adopt a range of measures to improve itsprovincial competitiveness index in 2019 in an effort to attract more investors.

Chairman of the provincialPeople’s Committee Dong Van Lam said the province set the goal of raisingbusiness support index by 20 places, workforce training by 15-18 places, marketparticipation by 10-13 places; transparency, activeness and vanguard of localauthorities by 10 places, legal institution and social security and order by3-5 places, and fair competition by 2 places.

The provincial People’s Committeedirected the provincial business association, the Department of Planning andInvestment, the management board of economic zones, departments and agencies tohold dialogues with enterprises at least twice per year to remove theirdifficulties.

Leaders of the province will alsomaintain meetings with businesses on the second Saturday of each month.

The provincial Centre for PublicAdministration was asked to create favourable conditions for individuals andfirms to save unofficial costs and shorten time for their market access.

The province will also continuerefining mechanisms and policies related to business development and start-upsupport so as to create a community of enterprises capable of joining sectorallinkage activities and value chain in production.

Thanks to improving its administrativereform and business environment, Tra Vinh attracted 76 projects with a totalregistered capital of more than 248 million USD in 2018, compared to 52projects in the previous year, Lam said.

The province is now home to 283projects, including 39 foreign-invested ones worth 3.25 billion USD and 244domestic projects valued at more than 101.6 trillion VND (4.37 billion USD).

A large number of investors fromJapan, the Republic of Korea, China, Germany, Belgium, Russia and Thailand havecome to learn about the local business environment.-VNA
VNA

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