Identify as a breakthrough
Improving the business investment environment is one of the strategic breakthroughs identified by Dak Nong in the Resolution of the Provincial Party Congress for the 2020-2025 term.
With this importance, Dak Nong has made continuous efforts to reform administration and improve the investment and business environment in recent years.
Immediately after the Provincial Party Congress, the Dak Nong Provincial People's Committee concretized the resolution with many programs and plans to improve the investment and business environment.
One of the solutions Dak Nong has consistently implemented in improving the business investment environment is to cut down on investment procedures.
Every year, the Dak Nong Provincial People's Committee publicly announces the DDCI index. This is an index to assess the competitiveness between departments, branches and localities.
This index is published to facilitate investors. The functional departments and the People's Committee of Dak Nong province regularly organize and participate in major events to promote investment, promote image and tourism .
According to Director of the Department of Planning and Investment Tran Dinh Ninh, the awareness and responsibility of leaders at all levels of the Party Committee, government, cadres and civil servants regarding investment attraction has been raised.
The coordination process between departments and branches in resolving difficulties and problems for businesses has gradually improved. Up to now, the total time to resolve procedures in the province has been significantly reduced compared to before.
“Dak Nong has significantly reduced the time for handling administrative procedures for people and businesses. Some good methods implemented by units include: the business cafe model; establishing a working group to solve difficulties for investors; the model of “no appointment, no writing”, Mr. Ninh affirmed.
PCI's progress
The Party Committee and government of Dak Nong province have identified improving the investment and business environment as an important breakthrough. The locality has increased the concentration of resources and resolutely directed the implementation of policies and guidelines to improve the investment and business environment.
Up to now, Dak Nong’s efforts to improve the investment and business environment have been highly appreciated by the business community. This is reflected in the PCI assessment results in recent years.
In 2020, Dak Nong province's PCI had 5 targets that met and exceeded the set plan (market entry costs, time costs, informal costs, fair competition, legal institutions).
In 2021, Dak Nong's PCI index increased by 8 places compared to 2020. With this result, Dak Nong ranked 52/63 provinces and cities nationwide.
By 2022, Dak Nong's PCI index increased 14 places in ranking, from 52/63 in 2021 to 38/63 provinces and cities. In particular, some component indexes have high rankings such as: Time cost (ranked 6); Transparency (ranked 17); Dynamism of provincial government (ranked 23).
Most impressively, in 2023, Dak Nong had a strong breakthrough when the provincial PCI index rose to 21st place out of 63 provinces and cities nationwide, up 17 places compared to 2022. This is the highest result that Dak Nong has achieved in the past 20 years.
Dak Nong has 4 indicators higher than the national average (market entry costs, land access, transparency and fair competition).
At the meeting with businessmen of Dak Nong province, taking place on October 9, 2024, Deputy Secretary of the Provincial Party Committee, Chairman of the Dak Nong Provincial People's Committee Ho Van Muoi affirmed that the above results are the result of the efforts and high political determination of the entire Party Committee and government.
“That is the drastic and close direction and management of the authorities at all levels. The solidarity, determination, joint efforts and consensus of the entire political system, business community and people of Dak Nong province”, Chairman of Dak Nong Provincial People’s Committee Ho Van Muoi affirmed.
Assessing the investment and business environment in Dak Nong in recent years, Mr. Le Trong Thiet, Director of Nam Hai Construction Company Limited, Cu Jut District, said that the investment environment has improved significantly. Administrative procedures and all project information are public and transparent, making it much easier for businesses to access.
Regularly grasping and sharing activities with businesses is a new change of Dak Nong government that was very rare before. Exchanges between authorities at all levels and businesses have become more open.
“This is a prerequisite to help businesses be frank and have more opportunities to share difficulties, problems, and propose solutions during their operations,” Mr. Thiet shared.
Chairman of the Dak Nong Provincial Business Association Nguyen Tri Ky emphasized that the business investment environment has been greatly improved. Many solutions have been actively implemented by the government, contributing to creating an investment environment, minimizing procedures and inconveniences for businesses.
“Support policies are more timely. The province understands, shares and accompanies businesses in their difficulties and problems. This helps Dak Nong businesses to be more confident in their production and business activities,” said Mr. Ky.
Determination to break through
According to Deputy Secretary of the Provincial Party Committee and Chairman of the Dak Nong Provincial People's Committee Ho Van Muoi, Dak Nong is a young province. The locality is facing many difficulties in human resources, material resources, and infrastructure. These obstacles can only be compensated by the relentless efforts in improving the investment environment and supporting businesses.
The province will focus on reforming administrative procedures in attracting investment in a way that is favorable to investors. Dak Nong will build a list of key investment projects and preferential policies of the province to attract domestic and foreign investment.
Dak Nong focuses on building infrastructure, focusing on transport infrastructure, prioritizing investment in construction and expansion of key transport infrastructure.
“Dak Nong is focusing on implementing the Gia Nghia - Chon Thanh expressway project. This is an urgent traffic project of special importance to Dak Nong province. The locality is speeding up the implementation of the provincial planning to synchronously develop socio-economic fields,” said Chairman of Dak Nong Provincial People’s Committee Ho Van Muoi.
At the meeting with business people, taking place on October 9, 2024, Chairman of Dak Nong Provincial People's Committee Ho Van Muoi emphasized that, along with the province's efforts, Dak Nong hopes that in the coming time, the business community, businessmen, and investors will continue to be open, share, and accompany the locality in the development process.
On the side of the Business Association, the Young Business Association continues to have new ways to attract more business members. The Association encourages and motivates businessmen and businesses to promote their internal strength to rise up and affirm their position.
“The government and people of Dak Nong are committed to always accompanying, supporting, and creating the most favorable conditions for businesses to develop, with the spirit of “Successful businesses – Dak Nong development. All together contribute to realizing the aspiration of Dak Nong becoming “a strong province - rich people - beautiful nature - a compassionate society”, Chairman of Dak Nong Provincial People's Committee Ho Van Muoi emphasized.
Resolution of the 12th Dak Nong Provincial Party Congress, term 2020-2025, determined: " Strongly improve the investment and business environment, first of all, promote administrative reform; enhance competitiveness, innovate to attract investment, accompany businesses; mobilize, manage and effectively use all resources for development ".
Source: https://baodaknong.vn/khoi-trong-moi-truong-dau-tu-dak-nong-239011.html
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