* Could you briefly introduce some outstandingresults in investment attraction in Nam Dinh province in 2012 and in thefirst nine months of 2013?
In 2012 and in thefirst nine months of 2013, Nam Dinh province drew many domestic andforeign investment projects. Particularly, the province licensed 45projects with a total investment of 7.716 trillion VND and 64.2 millionUSD which register to employ 5,576 workers and lease 57.6 ha of land.The province also allowed existing projects to scale up their investmentcapital by 12.8 million USD.
Some projects haveinvestment capital of over 500 billion VND like Thai Binh Minh exportgarment factory (1.165 trillion VND), Thien Nam Sunrise textile dyeingfactory (504 billion VND), Hoa Xa export wood processing plant – Phase 2in Hoa Xa Industrial Park (1.807 trillion VND), Bao Minh export woodprocessing factory (523 billion VND), and Nam Dinh water supply andcountryside sanitation project (793 billion VND).
Investment attraction into industrial zones in the province is alsoimproved. To date, industrial zones are housing 26 projects with a totalregistered investment capital of 5.957 trillion VND and 38.8 millionUSD. Foreign direct investment (FDI) companies have paid 2.9 million USDto the State budget. In 2013, tax payment by FDI firms is forecast at 4million USD. FDI firms are now employing approximately 22,000 workers.
In general, investment value remains modest in NamDinh province. However, amid current difficulties against companies,investment attraction is making good progress, with a significant risein investment projects and value. This is the foundation for maintainingand fostering socio-economic growth and development of the province.
* Amid the current economic volatility, how has Nam Dinh province supported and accompanied businesses?
To address difficulties facing enterprises, the provincial People’sCommittee has directed departments, districts and cities to supportenterprises to deal with their problems in the spirit of Resolution No.13/NQ-CP dated May 10, 2012 and Resolution 02/NQ-CP dated January 7,2013 of the Government on a number of solutions to solve difficultiesfor enterprises, provide market assistance and settle bad debts.
The province has focused on implementing solutions to facilitate andassist enterprises to access support policies of the government and theprovince; reducing, exempting taxes and rescheduling tax payment forenterprises; supporting them to build quality management systems andrenovate technologies; accelerating industrial and trade promotion;facilitating access to credit sources; facilitating access to landfunds; and supporting human resource training for enterprises.
On May 29, 2013, the provincial People’s Committee together with Statemanagement agencies gathered in a meeting to discuss solutions tosupport enterprises to deal with difficulties and promote production andbusiness activities. After hearing reports on business and productionoperations and proposals, the committee discussed and agreed onsolutions to help enterprises. The Chairman of the committee directedagencies and authorities at all the levels in the province to continuestudying and gathering proposals from enterprises to have timely,appropriate supports for enterprises.
In the lastmonths of 2013, the provincial People’s Committee will continue todirect relevant agencies and departments to coordinate and implementplans, directives and policies effectively, focusing on supportingenterprises and workers to cope with difficulties.
*As an advisory body in charge of investment attraction into theprovince, how has the Department of Planning and Investment endeavouredto reform administrative procedures and support enterprises?
In 2011, after reviewing administrative procedures for streamlining,the province had 1,125 procedures. In particular, the Department ofPlanning and Investment had 216 procedures, accounting for 19.2 percentof administrative procedures in all State economic and technicalmanagement agencies in the province.
The departmentabolished 65 procedures, or 36 percent of its administrative procedures.The department’s efforts importantly contributed to the successfulimplementation of Project 30 in the province.
Atthe same time, the department focused on perfecting and improving theperformance of one-stop mechanism by training service staffs to raisetheir knowledge, skills and attitudes; investing in synchronousequipment, network systems, software and computer professional services.
The department has coordinated with taxation sectorand the police to use single tax code and business code for enterprisesand manage enterprises on the national system. It has also suppliedinformation, forms and instructions for business and seal registrationprocedures in order to shorten the time for business registrationprocedures to less than three days while effectively maintainingcoordination with competent business management agencies in accordancewith Decree 43/2010/ND-CP of the Government on the implementation of theLaw on Enterprises. The department has actively advised enterprisesto deal with difficulties in the course of doing business.
* What solutions will Nam Dinh province adopt to improve the investment climate in the coming time?
Being aware that investment attraction and support have correlativeand direct effects on economic growth and development, the provincialParty Committee, the provincial People’s Council, the provincialPeople’s Committee and relevant departments of the province will focuson adjusting policies and measures related directly to businesses andinvestors to match practical situations. The department will regularlyorganise investment promotion missions to other localities in thecountry and to other countries in the world to attract investors withstrong financial capacity and advanced technologies.
It will accelerate the handover of My Trung Industrial Park forJapanese investors to attract investment projects, urge investors tobuild infrastructure in Bao Minh Industrial Park to provide investmentspaces for investors, attract investors to build infrastructure for MyThuan Industrial Park, and support investors to deal with theirdifficulties when they prepare investment procedures. It also keepstrack of investment progress of investors in order to revoke lisences ofineffective ones and give opportunities for others, especially thermalpower projects of Teakwang Group (Republic of Korea).
With determination and responsibility of the entire political systemin economic development and business support, the economy of Nam Dinhprovince is believed to thrive in the coming time.-VNA