Prime Minister Nguyen Xuan Phuc addresses the conferemce (Photo: VNA) Vinh Phuc should strive for15,000 enterprises by 2020, doubling the current figure, the PM stressed duringthe province’s investment promotion conference on December 27.
He urged the locality toinvest more in tourism and services as the way to maintain a good livingenvironment for locals.
The Government leadersuggested that Vinh Phuc focus on designing good planning and strategies with specialattention given to environmental protection, thus becoming a “province that isworth living”.
He lauded the speedydevelopment of Vinh Phuc as well as its high budget collection that amounted to31 trillion VND in 2016, only after Hanoi.Vinh Phuc is among the top four localities nationwide in terms of theinvestment environment, a far cry from its 43rd position in 2012, henoted.
He attributed it to theprovince’s sound settlement of infrastructure, human resource and constitutionalissues, which are the three obstacles hindering economic growth in Vietnam.
He also asked Vinh Phuc to continueits comprehensive reform to win investors’ confidence and attract high qualityhuman resources.
Vinh Phuc has risen from anagriculture-based locality to a huge industrial production, automobile andmotorbike making centre of the northern region and the whole country, with amodern technical infrastructure system.
Average economic growth of theprovince reached 17.24 percent annually, while budget collection rose to 24trillion VND in 2015 from only 100 billion VND in 1997.
Vinh Phuc has paid muchattention to improving the investment and business environment with specificmeasures to support enterprises. Along with an online portal facilitating dialoguesbetween enterprises and the administration, the province has maintained ahotline to receive feedback from the business community, while strengthening theadministrative reform.
So far, the province hasattracted 856 investment projects, including 227 FDI projects, worth 3.4 billionUSD and 629 domestic-funded ones with a total capital of 99.2 trillion VND.
Vinh Phuc has prioritised assistingbusinesses in labour supply and waste treatment.
With many beautiful naturallandscapes, including TamDao NationalPark, Ban Long waterfall and Dai Lai lake, VinhPhuc also boasts high potential for tourism development.
The province has set tobasically complete its urban infrastructure framework in 2020 to become anindustrial and service hub of the region and the country.
During the conference,investors and economists highly evaluated the future growth potential of VinhPhuc, while lauding the local government’s efforts in administrative reform andsupports in various fields.-VNA
VNA
