Creating a "green flow" to welcome "investment waves"

Toyota Vietnam Automobile Company develops greenly and sustainably, contributing greatly to the provincial budget.

Identifying 2025 as a breakthrough year for economic development with the determination to strive for double-digit growth, attracting FDI capital of more than 800 million USD, DDI capital of 5,000 billion VND, the province has strengthened on-site investment promotion activities, especially focusing on administrative reform, creating favorable conditions for businesses.

Head of the Management Board of Industrial Parks (IPs) of Hoang Long Bien province said: By April 2025, the IPs in the province attracted 516 projects, including 129 DDI projects with a total investment capital of more than 40.5 trillion VND and 387 FDI projects with a total investment capital of more than 6.95 billion USD.

Contributing to attracting investment and promoting effective business production activities of enterprises, recently, the Provincial Industrial Park Management Board has focused on supporting the settlement of administrative procedures.

Investors are given the best conditions, provided with the most complete information and implemented in the shortest time when implementing investment procedures in industrial parks through the province's "one-stop-shop" mechanism.

Administrative procedures on investment are declared and performed online on the National Investment Information System and received and returned through the Provincial Public Service Portal, creating convenience and saving costs and time for businesses.

At the same time, focus on removing difficulties and obstacles of investment, production and business projects, especially in large and key projects of the province.

In the first 4 months of 2025, the Industrial Park Management Board completed and processed 283 administrative procedure files ahead of schedule, an increase of 10% compared to the first quarter of 2024, including 210 files ahead of schedule and 73 files on schedule, with no late files.

Synchronously implementing solutions, in the first 4 months of 2025, industrial parks in the province attracted 17 new projects. Of which, 10 new FDI projects with a total registered investment capital of 45.9 million USD and 16 projects adjusted to increase capital with an increase of 116.32 million USD; 7 new DDI projects with a total registered investment capital of more than 1,144 billion VND and 3 projects increased capital with an increase of more than 143 billion VND.

Traditional investment countries such as Japan, South Korea and China remain important and long-term partners in the province's economic development orientation.

Of which, South Korea is the largest investor with over 70.7 million USD, accounting for 43.34% of total registered capital. The processing and manufacturing industry continues to be the spearhead sector in attracting FDI.

Investing and developing in the province since 2014, up to now, Cammsys Vietnam Co., Ltd., 100% Korean invested capital, headquartered in Ba Thien Industrial Park (Binh Xuyen) specializes in manufacturing and processing electronic components and products, constantly expanding production scale, increasing investment capital, creating jobs for many workers and contributing greatly to the provincial budget.

The company representative said: With a favorable investment environment and abundant human resources, especially the province always creates favorable conditions for administrative procedures, promptly removes difficulties and obstacles for businesses, along with the efforts and striving of the staff, workers and employees have helped the company to be more favorable in production and business, increasingly developing effectively and sustainably.

Promoting investment, consumption, export and innovation, ensuring the goal of attracting investment, contributing to achieving the double-digit growth target, the province has been and is continuing to promote on-site investment promotion and business dialogue.

Actively connect, contact and work with potential investors and large corporations to learn about the investment and business environment in the area. Regularly monitor and grasp the investment situation, trends, economic and political fluctuations in the world and in the region to have appropriate, flexible and timely solutions in investment promotion, appraisal, investment licensing and create favorable conditions to attract foreign investors more effectively.

In particular, recently, the Department of Finance has sent a document requesting the Provincial People's Committee to seek opinions from the Provincial Party Committee and the Provincial Investment Promotion Steering Committee for the policy of implementing the administrative procedure reform campaign " Vinh Phuc Investment Wave" to reform administrative procedures, create a favorable investment environment, and ensure the goal of attracting investment.

In particular, priority is given to attracting at least 1-2 multinational corporations in the group of 500 largest corporations in the world or Top 500 largest enterprises in Vietnam (VNR500) or multinational and transnational companies with major international brands to invest in infrastructure projects and industrial development. At the same time, build a "green channel" mechanism to reduce administrative procedures...

Article and photos: Hong Tinh

Source: http://baovinhphuc.com.vn/Multimedia/Images/Id/128495/Tao-“luong-xanh”-don-“song-dau-tu”