The statement was made by Chairman of the provincial People's Committee Duong Van Thai, head of the provincial Steering Committee for Investment Support and Business Development at a Committee’s meeting on May 14 to review the implementation of investment support and business development in the province in the first 4 months of 2020.

An overview of the meeting.

Bac Giang ranks 9th nationwide in total investment attraction

According to the Steering Committee's report, since the beginning of the year, the Steering Committee has provided free consultancy and support for about 250 enterprises and investors on procedures related to investment, business registration and land; focused on supporting and solving obstacles for investors to accelerate the ground clearance for projects; and proposed solutions to remove difficulties for enterprises in production and business due to the impact of Covid-19 pandemic...

In the first 4 months, the province has approved investment plans and granted investment registration certificates for 37 investment projects, including 34 domestic projects with a registered capital of more than 3.5 trillion VND and 13 FDI projects with a total registered capital of nearly 229 million USD. Regarding FDI attraction, Bac Giang province ranked 9th nationwide.

Permanent Vice Chairman of the provincial People's Committee Lai Thanh Son speaks at the meeting.

However, the Covid-19 epidemic had a great impact on the production and business activities of enterprises and investors in most fields in the province. So far, 120 enterprises in the locality have been impacted, directly affecting workers and employment. As many as 45 enterprises are being affected and have to force employees to take leave in rotation while 75 enterprises were previously affected but now have overcome difficulties and let workers return to work as normal.

Improving investment environment and improving PCI are key tasks that need to be focused

Concluding the meeting, Chairman of the provincial People's Committee Duong Van Thai requested departments and agencies to focus on urgently and actively implementing support policies and packages for enterprises under the Government's Resolution No.42, while continuing to firmly grasp the situation and promptly deploy tasks to remove difficulties for businesses.

It is necessary to focus on measures to improve the business and investment environment and improve the Provincial Competitiveness Index (PCI). This is a very important task that needs to be focused in the coming time.

At the same time, he urged departments, sectors and localities to continue stepping up administrative procedure reform, enhancing the openness and transparency, as well as creating favourable conditions for enterprises and investors to access information.

He assigned the Department of Planning and Investment to study and coordinate with the Office of the provincial People's Committee to advise the Chairman of the provincial People's Committee to set up a special working group tasked with receiving enterprises' feedback on difficulties and problems faced by businesses and promptly supporting businesses in solving difficulties.

Deputy Director in charge of the Department of Planning and Investment Nguyen Cuong reports on the investment attraction situation in the province.

The Chairman of the provincial People's Committee also requested the Department of Labor, Invalids and Social Affairs to implement the Government's support package, in collaboration with the provincial Management Board of Industrial Zones and the provincial Police Department to support foreign workers to work in the province.

He urged the Department of Industry and Trade to coordinate with the districts to accelerate site clearance for industrial clusters to attract investors and with the Department of Planning and Investment and relevant agencies to review and inspect the activities of market investment projects in the area, as well as focus on the promotion of lychee consumption.

Bac Giang strives to attract 1 billion USD investment in 2020

(BGO) – From now till the year end, Bac Giang province will further accelerate to improve the environment and business environment, reform the administrative procedure and continue implementing the policy to attract the investor to the province.

Bac Giang attracts many domestic investment projects

(BGO) – Thanks to the good implementation of the solutions to improve the investment and business environment in the northern province of Bac Giang, in the first three month, the province drew more than 160 million USD of investment amid the difficulties caused by many factors.

Bac Giang eyes US$1 billion in investment in 2020

The northern province of Bac Giang set a target of attracting US$1 billion in both newly-registered and additional investment in 2020, Director of the provincial Department of Planning and Investment Trinh Huu Thang has said.

Bac Giang attracts 12 investment projects in first two months

(BGO) – In February 2020, Bac Giang province attracted 8 investment projects including 4 domestic projects with total registered capital of over 150 billion VND (6.4 million USD), up 51.5 percent comparing to the same period last year and 4 foreign direct investment (FDI) projects totally worth 53.5 million USD (making 5.3 folds increase).  

Bac Giang attracts and adjusts 16 investment projects

(BGO) – The Department of Planning and Investment has reported that Bac Giang province has attracted and adjusted to add the investment capital to 16 projects since early this year, including 7 domestic projects with total registered capital of 203 billion VND (8.7 million USD) and 5 foreign direct investment (FDI) projects totally worth 54.5 million USD.   

Hai Huyen