Standing Deputy Prime Minister – Mr. Truong Hoa Binh meets Long An electors

04/28/2019

This is the first time, the National Assembly delegation of Long An has made a thematic meeting with vector who are representatives for enterprises in the province. This meeting has been held for a discussion about the enterprises’ s production, business operations and difficulties.

At the meeting, Vice-Chairman of Long An Provincial People Committee Pham Van Canh said that in the Q1 of 2019, the provincial economic continued to achieve positive results. Agricultural production developed well, the industry continued to achieve high growth.

The province now has nearly 11,000 enterprises is operating with a registered capital of VND 272,300 billion, including 969 foreign direct investment projects, the registered capital is over 6.1 billion USD.

Especially, Long An is rated as a province which was ranked as the 3rd in 63 domestic provinces and cities in 2019 has a positive economic management, (Report on Provincial Competitiveness Index issued by Vietnam Chamber of Commerce and Industry).

Deputy Prime Minister Truong Hoa Binh discusses with electors – Photo: VGP / Manh Hung

In infrastructure, many important roads, international ports…etc. are also implementing, many large infrastructure projects became operational that contributing to increase the production and business operation of enterprises in the area.

Mr. Nguyen Ho Nam, Chairman of Bamboo Capital Group, said that over the past time, BCG has invested in many key projects in the province, such as: the project is to upgrade and expand provincial roads DT830 and DT824 with total investment of VND 1,070 billion; Thanh Hoa Solar Energy Project has proposed investment with a total capacity of up to 700 MWp, of which 2 projects with a total capacity of 140 MW have been approved; Developing high-tech Valley with scale of 100 ha to attract enterprises operating in the field of IT, Nano technology, microbiological technology …; Smart City project (Smart City) with a scale of 390 ha, which is planned to apply clean energy, smart transportation and information technology application.

Voters Nguyen Ho Nam – Chairman of Bamboo Capital Group mentioned many recommendations on renewable energy investment and BT / BOT investment type – Photo: VGP / Manh Hung

The representation of Bamboo Capital Group proposed that the Government consider further removing BT / BOT investment mechanism so that enterprises can continue to invest in other key projects of Long An; consider permitting the delay of enjoying preferential electricity price under Regulation No. 11/2017 / QD-TTG and Circular No. 16/2014 / TT-BCT; consider and adopt mechanisms for investment preference policies, tax policies and land lease … for hi-tech valley projects; allowing additional adjustment of land use planning, with preferential mechanisms for land rent and tax for enterprises in developing smart city projects …

Discussing with enterprises, Standing  Deputy Prime Minister Truong Hoa Binh said that the meeting was for the National Assembly of Long An province to listen and acknowledge opinions and proposals of elector who is working and investing in Long An.

Standing Deputy Prime Minister said that 2019 was the 4th year to implement the 5-year socio-economic task in the period of 2016-2020 and is the 9th year to implement the 10-year socio-economic development strategy in period of 2011-2020. Therefore, the completion of the 2019 mission has a very important meaning, creating a foundation to continue to complete the 5-year plan and 10-year strategy for the country to enter a new stage – implementing the 10-year strategy, period 2021-2030.

The electors are discussing – Photo: VGP / Manh Hung

According to the Standing Deputy Prime Minister, 2018 and early 2019, the investment and business environment are improving. Administrative reforms have achieved the remarkable results, reduced and simplified many administrative procedures to facilitate people and businesses. In 2018, Vietnam’s business environment ranked 68th in 190 surveyed economies. Almost living standard of people have been constantly improved, stable socio-political situation, the settlement of complaints and denunciations, anti-corruption and wastefulness achieved important results, building trust in people and enterprises.