Chairman of Provincial People's Committee receives and works with Chairman of VCCI

With efforts in economic recovery, administrative reform, and synchronous implementation of solutions to support and remove difficulties for businesses and investors, Long An province has had a spectacular breakthrough when increasing 6 ranks to the top 10 provinces and cities in Provincial Competitiveness Index (PCI) in 2022 with 68.45 points. The province promulgated the Investment Promotion Program in 2023; implementing the Department and District Competitiveness Index (DDCI); organizing delegations to visit and encourage enterprises to overcome difficulties in key industrial development districts.

Chairman of the Provincial People's Committee - Nguyen Van Ut (right cover) receives and works with VCCI Chairman - Pham Tan Cong

Long An successfully organized many investment promotion events, received the delegation of Mayor of Yangsan city, Gyeongsangnam province, Korea; Okayama Prefecture, Japan; India - Vietnam business connection conference; Japan Business Association in Ho Chi Minh City; Taiwan Trade Association in Vietnam;etc, successfully organized a delegation to promote investment and connect trade in Taiwan (China), Korea and supported investors to survey investment environment in the province such as Cobi Group, FPT.

In the first 6 months of 2023, the number of newly established enterprises and the registered capital of domestic and foreign investment projects increased sharply over the same period. From the beginning of 2023, 801 new domestic enterprises were established (an increase of 5.8% over the same period), with a total registered capital of 9,391 billion VND. The province has 16,014 businesses registered with a total registered capital of 362,517 billion VNd.

The province has granted investment certificates to 32 domestic projects, with a total newly registered capital of 35,492 billion VND; adjusted capital for 12 projects, with additional investment capital of over 4,200 billion VND. Up to now, the province has 2,173 domestic projects with registered capital of 253,656,4 billion VND.

For foreign investment, the province has granted investment certificates to 39 projects with newly granted investment capital of 408.5 million USD; adjusted capital for 35 projects, with an increase in investment capital of 64.29 million USD. Up to now, the province has 1,191 FDI projects with capital of 10,402.6 million USD; in which, there are 588 projects put into operation with total investment capital of 3,624 million USD;etc.

VCCI President - Pham Tan Cong highly appreciated the results achieved by Long An province, especially in attracting and improving the business investment environment. He also informed about some activities of VCCI in supporting, introducing and connecting domestic and foreign businesses. With the role and function, VCCI will connect businesses to learn about the investment environment of the province and suggest the local to pay attention and accompany the unit in related activities in the near future.

Chairman of the Provincial People's Committee - Nguyen Van Ut emphasized that Long An always cares and creates all favorable conditions for businesses to come to learn and invest in the area; listens, grasps and promptly removes difficulties for businesses in the process of operation. The province regularly reviews and shortens procedures, promotes reform of administrative procedures, creates an open investment environment, pays attention to investment, improves transport infrastructure, and serves socio-economic development. He hoped that, in the future, Long An would be accompanied and approved by VCCI to support the connection of investment promotion activities, creating conditions for the province to attract large domestic and foreign businesses./.

By Thanh My - Translated by Q. Thien

Source: https://baolongan.vn/chu-tich-ubnd-tinh-tiep-va-lam-viec-voi-chu-tich-vcci-a158046.html