Authorities of southern Dong Nai province, one of Vietnam’s main manufacturing centers, have vowed to create necessary supportive policies for foreign direct investment (FDI) enterprises in the locality for their stable operation.
Authorities of southern Dong Nai province, one of Vietnam’s main manufacturing centers, have vowed to create necessary supportive policies for foreign direct investment (FDI) enterprises in the locality for their stable operation.
At a meeting with representatives of over 300 FDI firms currently operating in the province on March 5, Vice Chairwoman of the provincial People’s Committee Phan Thi My Thanh said efforts will focus on tackling obstacles for enterprises, including providing assistance to faster goods consumption, market development and easier access to credits.
The province will push up the completion of infrastructure in local industrial zones and other facilities, paving the way for the development of supporting industries as well as smooth transportation, Thanh added.
Furthermore, periodical dialogues will be held for investors and authorities to iron out problems and hindrances and come up with necessary assistance, the local leader emphasised.
Local authorities pledged that they will seek adjustments to the current policies on investment, taxes and land use from the central level to help businesses sustain their smooth operation and stable development.
Some representatives called on the province to continue streamlining administrative procedures strongly and offering more incentives, especially those on taxation, so as investors can increase their capital to expand production scope.
In 2013, Dong Nai targets an FDI sum of 1 billion USD and an export value of over 12 billion USD.
Last year, the province attracted nearly 2 billion USD in foreign investment, and over 13 trillion VND in domestic investment. It generated jobs for 90,000 people.
(Source: VNA)
