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Investment promotion - creating momentum for development

BHG - Identifying 2025 as the "sprint" year to implement the targets of the Resolution of the 17th Provincial Party Congress, our province is accelerating and creating breakthroughs in implementing the investment promotion program (IPP), focusing on improving the investment environment to create momentum for development.

Báo Hà GiangBáo Hà Giang23/05/2025

BHG - Identifying 2025 as the "sprint" year to implement the targets of the Resolution of the 17th Provincial Party Congress, our province is accelerating and creating breakthroughs in implementing the investment promotion program (IPP), focusing on improving the investment environment to create momentum for development.

In the past time, despite difficulties due to fluctuating prices of gasoline, oil, raw materials, and input factors, which greatly affected many industries and fields; complicated natural disasters, causing damage to production, business, and people's lives as well as investment promotion activities. However, the goals, requirements, and contents of investment promotion work have been resolutely implemented. The Provincial Party Committee issued Resolution No. 13, dated August 11, 2021 on investment attraction for the period 2021-2025; The Provincial People's Committee issued a decision approving the annual investment promotion program. The province strives to improve the investment environment, administrative reform, PAPI, PAR INDEX, and SIPAS indexes all increased in points; strengthen inspection, supervision, and urging of agencies and units in handling investment procedures, improve service quality, and accompany individuals and organizations in investment and business.

Construction of items of Tuyen Quang - Ha Giang Expressway Project.
Construction of items of Tuyen Quang - Ha Giang Expressway Project.

The province regularly promotes and publicizes the environment, preferential policies, investment potential and opportunities; develops and updates publications serving investment promotion in Vietnamese and English, a list of projects calling for investment, a brochure introducing the province's investment environment; updates information on the provincial investment promotion platform; maintains the use of Zalo to support businesses in connecting with departments, branches and district and city People's Committees; provides local promotional publications. Regularly organizes dialogue conferences and working sessions between provincial leaders, departments, branches and district and city People's Committees with investors to grasp information, proactively and promptly remove difficulties for investment projects in the province.

According to the investigation, the province's functional and specialized sectors have increased support, provided information, conducted field surveys, consulted and guided investors on project implementation procedures. Supported surveys and resolved investment proposals for over 30 enterprises. In 2024, the province removed difficulties and obstacles and consulted and guided on project implementation procedures for a number of companies; approved investment policies, issued new investment registration certificates for 7 projects in the fields of hydropower, trade - tourism and other fields; issued adjusted investment certificates for 23 projects. Up to now, the province has 317 projects with a total registered investment capital of nearly 51 trillion VND.

Looking at the reality, the province pointed out that the coordination in resolving difficulties, obstacles and supporting investors was not timely; the preparation of conditions for attracting investment such as planning, project information, and implementation sites was still limited, affecting the attraction and implementation of investment projects. New investment projects decreased compared to the same period; most projects had small investment capital scale, the investment level was lower than registered; many investment projects were not implemented according to regulations or were not implemented, causing waste of land resources, affecting the investment environment in the area.

Pointing out the causes and efforts to remove difficulties, the province clearly identified its viewpoint on attracting investment projects in line with the policy and orientation for socio-economic development in the 5 years of 2021-2025 according to the Resolution of the 17th Provincial Party Congress as well as the plan of the Provincial Party Committee on the orientation of perfecting institutions and policies, improving the quality and effectiveness of foreign investment cooperation until 2030; in line with the national master plan, regional planning, provincial planning and sectoral and field development planning; ensuring national defense and security and social order and safety; in line with the Provincial Planning for the period of 2021-2030, with a vision to 2050 approved by the Prime Minister .

Director of the Department of Finance Pham Kieu Van shared: Investment promotion activities in 2025 will focus on implementing the province's 3 strategic breakthroughs, focusing on allocating resources to complete socio-economic infrastructure, especially regional and inter-regional transport infrastructure; developing tourism, agriculture with high-quality goods according to the value chain. Prioritizing investment promotion with regional connectivity, integrating with trade and tourism promotion, focusing on projects in the investment calling list, projects promoting green growth associated with digital transformation, creating long-term growth momentum. Proactively develop appropriate support mechanisms, policies, and solutions to ensure the interests of existing investors, improve the investment and business environment in the province.

To create momentum for socio-economic development, the province has gradually innovated investment promotion work in a modern direction, applied information technology, and carried out digital transformation through the construction of a data center associated with investment promotion in the process of consulting and supporting businesses; prepared necessary conditions and proactively invited and approached investors in potential areas of the province; used advanced technology, saved resources associated with preserving and promoting the cultural identity of ethnic groups, and protected the ecological environment; regularly dialogued with investors to support and resolve difficulties for businesses, creating confidence for investors.

“The province is focusing on and attracting investment resources to build synchronous infrastructure; speeding up the progress of a number of key and important traffic infrastructure projects with regional connectivity and technical infrastructure of industrial zones and clusters to increase connectivity and create a clean space to attract investment projects in economic zones and industrial clusters within the province’s planning. Creating a favorable, equal and transparent investment and business environment for enterprises. Strongly mobilizing social resources to participate in activities to support and promote the development of enterprises in the province” - Director of the Department of Finance Pham Kieu Van added.

Article and photos: Kim Tien

Source: https://baohagiang.vn/kinh-te/202505/xuc-tien-dau-tu-tao-da-phat-trien-58a342f/


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