2025 is the final year of implementing the Resolution of the 17th Provincial Party Congress, term 2020-2025, this is also the year to create a solid foundation to enter a new era, the era of national development. Demonstrating this determination, the province has been synchronously implementing solutions, creating momentum for socio-economic development in the area.
In attracting investment, the province has made clear innovations, stepped up promotion activities, attracted more substantial investment, restructured investment attraction towards focusing on strategic investors, potential partners, investors with experience and financial capacity, transnational corporations with high technology, source technology, "green" technology, environmentally friendly, applying digital platforms, and low greenhouse gas emissions.
In 2022, the Provincial People's Committee issued Project No. 776 on Supporting the connection, linkage, and cooperation between provincial enterprises and FDI enterprises, gradually participating in the global supply chain. Thereby creating a connection between DDI and FDI enterprises, exploiting resources, management experience, and technology of leading enterprises to support and accompany small and medium enterprises in the supply chain.
CNCTech Group Joint Stock Company not only affirms its position as a Vietnamese enterprise in developing the technology industry but also creates jobs and stable income for many workers.
At the same time, review and coordinate investment promotion and attraction with neighboring localities, localities in the capital region and the Northern key economic region to create competitive advantages for the whole region, ensure connectivity with value chains, production chains, avoid overlap and local competition between localities in the region and the whole country.
According to the Provincial People's Committee, by January 15, 2025, the province had attracted 3 DDI projects with a total registered capital of more than 160 billion VND, 10 times higher than the same period. In the field of foreign direct investment, the province has newly licensed and adjusted the capital of 7 projects with a total registered capital of 25.52 million USD, equal to 36.74% over the same period. In particular, the processing and manufacturing industry continues to be a priority development sector with 7 investment projects, contributing to realizing the goal of developing the province towards modern industry.
Continuously investing, pioneering innovation and creativity, up to now, after more than 16 years of establishment and development, CNCTech Group Joint Stock Company (CNCTech) has not only affirmed its position as a Vietnamese enterprise in developing the technology industry but also promoted comprehensive cooperation between DDI enterprises and FDI enterprises, creating a breakthrough in investment promotion.
In mid-August 2024, CNCTech continued to make a strong impression by successfully signing a cooperation agreement to implement the project of a semiconductor-related product manufacturing factory in Vinh Phuc with Signetics Joint Stock Company (Korea).
On November 18, 2024, in Tokyo, Japan, Sumitomo Corporation, one of the world's leading corporations in the field of trade and investment, and CNCTech, a leading developer of industrial infrastructure and manufacturing services in Vietnam, officially signed a Memorandum of Understanding (MoU). The signing ceremony is an important milestone in the cooperative relationship between DDI and FDI enterprises with the goal of jointly developing and providing comprehensive solutions in the field of industrial infrastructure and service factories. At the same time, it marks an impressive development step of Vietnamese enterprises, promoting comprehensive cooperation between domestic and foreign enterprises, creating a breakthrough in investment promotion in the area.
In 2024, CNCTech is honored to be one of the Top 5 suppliers to receive the Strategic Partner Appreciation Medal from VNPT Technology and is the only Vietnamese supplier to receive the above title.
Welcoming new opportunities in the new era, in the coming time, the province will direct functional departments and branches to continue to effectively implement projects to support business development and improve the investment environment such as the Project to Support Small and Medium Enterprises in Vinh Phuc province for the period 2022-2025; Project to attract strategic investors to invest in Vinh Phuc province; Project to support connection, linkage and cooperation between provincial enterprises and FDI enterprises, gradually participating in the global supply chain.
Strengthen the initiative, strong, uniform and substantial participation of departments, branches, sectors, People's Committees of districts and cities to create a fair, open and transparent investment and business environment.
Ensuring a stable, unified, synchronous and increasingly improved investment and legal environment, promptly adapting to new issues, and handling shortcomings to improve the quality and efficiency of domestic and foreign direct investment.
Develop appropriate incentive and preferential mechanisms to increase the linkage between DDI and FDI investment, priority areas for attracting investment; improve absorption capacity, gradually move towards technological autonomy; develop industry clusters and value chains, contributing to increasing domestic added value and product competitiveness...
Article and photos: Hong Tinh
Source: https://baovinhphuc.com.vn/Multimedia/Images/Id/123845/Tin-hieu-tich-cuc-tu-thu-hut-du-tu-DDI
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