Industry Updates

Industry Updates

Listening to Bac Ninh leaders "reveal" the secret to reaching the top 10 fdi attraction, Foxconn "eagle" "lining the nest" for many years "

  • 17/12/2021

Speaking at the seminar "Bac Ninh on the path of industrialization" held this morning, organized by Vietnam Economic Magazine/VnEconomy, Mr. Nguyen Quang Thanh - Deputy Director of Bac Ninh Department of Planning and Investment emphasized that Bac Ninh maintained in the top 10 in the country in terms of attracting foreign investment in the past time as a long-term result of the policy of attracting Investment combined with the spirit of sharing with businesses. "

Speaking at the seminar "Bac Ninh on the road to industrialization" taking place this morning of November 26, organized by Vietnam Economic Review/VnEconomy, Mr. Nguyen Quang Thanh - Deputy Director of the Department of Planning and Investment of the North Ninh emphasized that Bac Ninh has remained in the top 10 nationwide in terms of attracting foreign investment in recent years, a long-term result of investment attraction policies combined with the spirit of sharing and accompanying businesses.

"TWO LESS, THREE HIGH, YEARS READY" to attract FDI

In particular, Bac Ninh has consistently implemented the criterion of "two less and three high". Two less are using labor, less using land. The high three are high investment rate, high economic efficiency and high technology. At the same time, implement the "year of readiness" including readiness of premises, human resources, reform, support and anti-epidemic.
Besides the criteria set by Bac Ninh, there are also mechanisms and policies to retain and create trust with investors in the province.

Firstly, it is actively reforming administrative procedures, this is an important requirement that Bac Ninh province sets. Every year, Bac Ninh has programs and plans to require departments and branches to improve administrative procedure reform, implement an electronic process project in handling administrative procedures, especially increase discipline for employees. with a support mechanism to support enterprises.

Secondly, to accelerate the progress of construction of key projects with the nature of linking and developing the region; speed up industrial park site clearance to create ground for investors.
Third, be active and flexible in investment promotion, proactively from opening the door to knocking on the right door, promoting investment with the right focus, attracting large projects of a contagious nature, suitable for the Covid situation. -19 now.

"For Bac Ninh at present, supporting production and business enterprises is the top goal. The province intends to assign the Management Board of Industrial Parks to coordinate and guide investors in the implementation of Covid-19 prevention and control. Previously, there were 40 delegations, now there are 20 delegations to guide businesses, find solutions to prevent Covid, including measures on health, testing and inspection for businesses to ensure the production process of enterprises. Mr. Nguyen Quang Thanh emphasized.

In order to continue to attract investment, especially foreign investment capital in the coming period, according to the Deputy Director of the Department of Planning and Investment of Bac Ninh province, the criteria to become a city directly under the Central Government of Bac Ninh are basic. have responded. However, there are a number of criteria that need to be further implemented, such as the structure of socio-economic development. This policy, according to the Resolution issued by the Bac Ninh Provincial Party Committee, includes a number of key measures.

First of all, continue to restructure and transform the growth model to develop synchronously, create connections between economic sectors, between production and business types in order to improve productivity, quality and efficiency. efficiency and competitiveness, attracting investment, creating driving force for economic development. In particular, the development of trade in services is focused, one of the top priorities of Bac Ninh.

At the same time, focus on building synchronous infrastructure, socio-economy, implementing provincial planning, accelerating the urban construction roadmap into the process of urbanization, overcoming environmental pollution, promoting urban development. digital economy, high-tech production, large-scale service area. Mobilize and improve the efficiency of capital use, focus on building infrastructure between urban and rural areas. Apply science and technology to develop human resources, improve the quality of management and administration, and transform urban governance.


Bac Ninh is located in the key economic triangle of Hanoi - Hai Phong - Quang Ninh and is the Northeast gateway of Hanoi capital, adjacent to the major economic centers of the North. Convenient traffic system with the Hanoi - Bac Ninh highway system, important roads connecting the province with economic, cultural and commercial centers of the North such as: national highways 1A-1B, 18 and 38, the trans-Vietnam railway to China...

Besides, Bac Ninh is located near Noi Bai international airport and Hai Phong seaport... Not only Samsung but also big corporations in the world such as Canon (Japan), Foxconn (Taiwan), ABB... all choose Bac Ninh for investment.

BEIJING WILL BE INDUSTRIALIZED BY 2030

Commenting on the process of attracting FDI capital of Bac Ninh and the process of industrialization, Dr. Phan Huu Thang, former Director of the Department of Foreign Investment (Ministry of Planning and Investment) emphasized, the criterion "two less, three high, five ready" of Bac Ninh is a very correct and appropriate criterion.

As a result, in the past period, Bac Ninh has been in the 7th top among 63 provinces and cities attracting FDI. According to the Provincial Competitiveness Index (PCI), Bac Ninh ranks 10th out of 63 provinces and cities, while the provincial public administration index ranks 4th out of 63. Many things Bac Ninh has done, and is one of the successful provinces in recent years.
However, according to Mr. Thang, Bac Ninh should add "one no" to not pollute the environment. In Resolution 50 of the Politburo on orientations to perfect institutions and policies, and improve the quality and efficiency of foreign investment cooperation by 2030, environmental protection criteria are placed on top. But my research over the past time, environmental problems are still painful. It is not that Bac Ninh alone is not good, but this situation is of all localities.

In the context of the Covid-19 pandemic, which has caused profound economic, social and political consequences on a global scale, along with that, strategic competition among major countries is increasingly fierce, according to Tien. Phan Huu Thang, the opportunities and challenges for Vietnamese businesses are like, so it is with Bac Ninh province.
Former Deputy Prime Minister Vu Khoan in a recent online conference said a sentence that I find most interesting: We are a small country, so we must see that the world has always been competitive for thousands of years. As the country continues to evolve in the coming period, for a small country, we must know what conditions we are in in order to find an appropriate way to both protect the nation and develop the economy and society. When they grow up, they shake hands with each other, small countries will not have any advantages, but they have to go by themselves, independent, self-reliant, and self-reliant.
To overcome this challenge, localities, including Bac Ninh, need to implement policies and orientations for Vietnam's socio-economic development, especially foreign investment, and pursue Resolution 50 of the Politburo on revenue. attract and improve the efficiency of foreign investment. I am very impressed that from 2019 to now, Bac Ninh has many documents to retain FDI investors and create favorable conditions for businesses. I believe that Bac Ninh will continue to overcome difficulties and the road to industrialization will certainly be achieved by 2030", emphasized Dr. Phan Huu Thang.


 

 

 

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