Sun. Jun 16th, 2024

Authorities of southern Dong Nai province, one of Vietnam’s main
manufacturing centers, have vowed to create necessary supportive
policies for foreign direct investment (FDI) enterprises in the
locality for their stable operation.

At a meeting
with representatives of over 300 FDI firms currently operating in the
province on March 5, Vice Chairwoman of the provincial People’s
Committee Phan Thi My Thanh said efforts will focus on tackling
obstacles for enterprises, including providing assistance to faster
goods consumption, market development and easier access to credits.

The
province will push up the completion of infrastructure in local
industrial zones and other facilities, paving the way for the
development of supporting industries as well as smooth transportation,
Thanh added.

Furthermore, periodical dialogues will be held for
investors and authorities to iron out problems and hindrances and come
up with necessary assistance, the local leader emphasised.

Local
authorities pledged that they will seek adjustments to the current
policies on investment, taxes and land use from the central level to
help businesses sustain their smooth operation and stable development.

Some
representatives called on the province to continue streamlining
administrative procedures strongly and offering more incentives,
especially those on taxation, so as investors can increase their capital
to expand production scope.

In 2013, Dong Nai targets an FDI sum of 1 billion USD and an export value of over 12 billion USD.

Last
year, the province attracted nearly 2 billion USD in foreign
investment, and over 13 trillion VND in domestic investment. It
generated jobs for 90,000 people.-VNA

By vivian