Strongly improving investment environment, Hai Duong welcomes many large enterprises

Continuing to make a breakthrough in attracting investment, Hai Duong has become a destination for many large domestic and foreign investors, with potential in capital, technology, management skills and many environmentally friendly projects.

Automobile production line at the factory of Ford Vietnam Company Limited. Photo: Thanh Chung

"Finish" in 2024 with many outstanding results

According to the Department of Planning and Investment of Hai Duong, in 2024, the province's domestic investment attraction will achieve positive results, with a total registered capital of about 11,489 billion VND, 1.2 times higher than in 2023. Projects focus on the fields of trade and services, industrial park infrastructure, processing and manufacturing of industrial and agricultural products. Some prominent projects are Hai Duong Trade Center, Logistics Service Center, Petroleum and Cargo Port, Petroleum Depot, Commercial Service Area, Logistics Center, Ninh Giang Inland Waterway Port, Green International Hospital.

Attracting foreign direct investment (FDI) has also made a breakthrough. In 2024, the whole province attracted 734 million USD of FDI capital. New FDI projects are concentrated in new industrial parks (IPs) such as Dai An expansion, Phuc Dien expansion, An Phat 1, operating in the fields of energy, processing and manufacturing industry, and stationery. To date, Hai Duong has attracted more than 603 FDI projects from 27 countries and territories with a total registered capital of more than 11.018 billion USD.

In particular, at the end of September 2024, Deli Group officially started the Deli Hai Duong Stationery Factory Project in Dai An Industrial Park expansion, using a land area of about 21,248 hectares, with a total investment of 270 million USD.

Mr. Lou Fuan, Chairman of Deli Group, shared: “The investment in building the second factory in Hai Duong not only affirms Deli’s commitment to this market, but also helps to improve competitiveness in the international market. The project meets domestic consumption needs and aims to export to international markets, especially Southeast Asia and Europe.”

In 2024, the Department of Planning and Investment of Hai Duong granted certificates of establishment to about 2,000 new enterprises, an increase of 6.2% compared to 2023, with a total registered capital of about 30,400 billion VND. The investment and business environment in the province has improved. The Provincial Competitiveness Index (PCI) in 2023 increased by 15 places, ranking 17th out of 63 provinces and cities, among the top performers nationwide.

In addition, investment promotion has also achieved many impressive results. The province has organized delegations to promote investment, trade, and learn from experiences in the field of high-tech agriculture in Australia and New Zealand; learn from experiences in developing cultural industries and tourism economy in Europe (Germany, Austria, Italy, Czech Republic, Netherlands, Spain); promote investment in South Africa and Mozambique to connect investment opportunities, attract investment in projects with economic potential, high technology, clean technology and import-export trade cooperation. In addition, the Department also organized work with many delegations of investors and large corporations from China, Japan, Korea, Thailand, Singapore, and the United States.

The Department has also advised on many mechanisms and policies in implementing the province's socio-economic tasks and achieved many positive results.

The direction and management of public investment plans have been resolutely implemented, many solutions have been issued promptly and effectively, and public investment capital has been disbursed with a total payment of about VND 9,471.2 billion. It is estimated that by the end of 2024, the disbursement rate of public investment capital will reach over 95% of the plan assigned by the Prime Minister.

In particular, in 2024, Hai Duong completed the stamping of provincial planning documents; organized the construction and adjustment of district construction planning; and general planning of Chi Linh city and Kinh Mon town.

Significantly improve the investment environment

To make a remarkable mark in attracting investment, Hai Duong province has effectively implemented Resolution No. 08-NQ/TU dated August 19, 2021 of the Provincial Party Committee on strongly improving the investment and business environment, enhancing provincial competitiveness in the period 2021 - 2025.

With its assigned functions and tasks, the Department of Planning and Investment of Hai Duong has advised on shortening the time for handling administrative procedures, fully publicizing administrative procedures related to the establishment and operation of enterprises. The Department has also actively put procedures on the public service portal, handling them online. Thanks to that, enterprises can easily access regulations, handle procedures quickly and conveniently. 99% of administrative procedures related to business registration and operation are handled online.

Specifically, the time for business registration has been reduced from a maximum of 3 days to 2 days; the time for granting investment registration certificates for projects not subject to investment policy decisions has been reduced from 15 days to 7 days. Hai Duong has also reduced the time for handling land allocation and land lease procedures for newly established enterprises converted from business households, small and micro enterprises from 30 days to no more than 10 days. The procedure for environmental impact assessment has been reduced from 30 days to 20 days. The time for appraisal and granting construction permits has been shortened compared to the average regulation of 31.5 days. The time for granting work permits to foreigners has been reduced from 7 days to 3 days.

The Department currently has 140 administrative procedures under its jurisdiction. 100% of administrative procedures in the field of business registration are provided with full online public services. The rate of administrative procedure records received and resolved online is over 90%, the rate of digitized records is 100%.

The Director of the Department of Planning and Investment of Hai Duong said that attracting domestic and foreign investment capital is identified by Hai Duong province as one of the important economic and political tasks. Therefore, the authorities at all levels in the province have been determined, focused resources, and synchronously implemented many solutions to improve the investment and business environment, enhance the competitiveness of the province, to help the locality become an ideal and safe destination for investors.

In addition, Hai Duong also promotes the implementation of policies to support businesses and develops, promulgates, and implements a number of regulations, programs, and projects to support businesses from the provincial budget in the fields of start-ups, investment consulting, labor training, trade promotion, industrial property, industrial promotion, agricultural promotion, legal aid, credit, etc.

In 2025, the province has set out 18 main tasks and solutions for sectors and fields. Accordingly, it will review and adjust urban planning, rural planning and specialized planning in accordance with the provincial planning; submit for appraisal and approval the project to establish a Special Economic Zone of Hai Duong province; develop agriculture associated with building new rural areas in a modern, civilized direction, integrating multiple values, enhancing added value and competitiveness.

Hai Duong also focuses on strongly and substantially improving the investment and business environment, enhancing the province's competitiveness; reviewing and resolving difficulties and obstacles, attracting investment for effective development, increasing productivity and product quality; selectively attracting investment projects in industrial parks and industrial clusters; prioritizing investors with new, advanced, modern technology and supporting industries. At the same time, the province will research, develop and implement mechanisms and policies to encourage and support investment in infrastructure construction, and develop a number of policies to support small and medium-sized enterprises in the province until 2030.

It is expected that in the period of 2026 - 2030, the whole province will need about 118,217 billion VND of public investment capital from the state budget.

The province's 5-year public investment orientation for 2026 - 2030 aims at development goals according to the planning and Resolution of the Provincial Party Congress for the 2025 - 2030 term on socio-economic development in the next 5 years. In particular, priority will be given to allocating capital to accelerate the implementation of key projects, programs and projects with inter-regional impacts, expanding the space to attract investment in production and business development, which is meaningful in promoting rapid and sustainable socio-economic development.

By 2030, Hai Duong strives to become a modern industrial province, a dynamic industrial center of the Red River Delta, with a large economic scale in the country. Economic and social infrastructure is synchronous, the urban system is developed green, smart, modern, rich in identity, meeting some basic criteria of a centrally-run city so that by 2050, Hai Duong will become a centrally-run city.

Source: https://baodautu.vn/cai-thien-manh-me-moi-truong-dau-tu-hai-duong-don-nhieu-doanh-nghiep-lon-d238249.html