Economic connection of the Eastern Expressway axis: Resonating benefits for mutual development

With the goal of building a model of sub-regional economic integration, creating new development space, creating sustainable development for prosperity..., after nearly 1 year of implementing cooperation agreements, the Economic Connection Council The Eastern Expressway Hub (VEHEC) has initially affirmed its role and position in the region, becoming a model of dynamic linkage and cooperation in the North.

VEHEC's Regional Business Council was established, which is a place to connect businesses of 4 localities to share cooperation and development.

VEHEC was formed from an agreement between VCCI and 4 provinces and cities of Quang Ninh, Hai Phong, Hai Duong, Hung Yen on the basis of localities located on the Hanoi - Hai Phong - Quang Ninh highway axis. The goal and principle is to create a new space and vision for large-scale economic development, thereby creating growth poles in the region. This is an initiative in implementing the Party and State's policy on promoting regional connectivity, aiming to strengthen coordination in exploiting and promoting the potential and advantages of each locality, associated with Resolution No. 30-NQ/ Central Committee of the Politburo on socio-economic development in the Red River Delta.

To realize the agreements, on the basis of promoting the role of connectivity, in February 2023 VEHEC established the Sub-regional Connection Council to perform the leadership, direction, coordination and administration functions of connectivity. connect. At the same time, they agreed to implement many cooperation contents, such as: Promoting trade and investment, transportation and logistics, developing production supply chains, developing tourism, services, digital transformation and digital connection... ; Coordinate the implementation of investment promotion programs, media promotion, and training for businesses on policies and laws to create a green investment environment.

Assessing after 1 year of implementation, Mr. Pham Tan Cong, Chairman of VCCI, emphasized: 2023 is the starting year of implementing the VEHEC Connection Agreement, witnessing the extraordinary strength and adaptability of all 4 locations. method in connection. All four provinces and cities will end 2023 with very impressive gross regional product (GRDP) growth, surpassing the average results of the Red River Delta region and the whole country. Many cooperation contents have been implemented and achieved positive results. This shows the potential and prospects of connectivity, making an important contribution to the sustainable and highly competitive development of the sub-region and the whole region.

Specifically, Quang Ninh province had the 9th consecutive year of double-digit GRDP growth. The outstanding development of infrastructure over the past 5 years as well as maintaining the image of a dynamic government and effective cooperation with the private economic sector have helped Quang Ninh become a favorite destination of many tourists. invest. In 2023, Quang Ninh attracts FDI capital of over 3.13 billion USD, bringing Quang Ninh into step with Hai Phong to become the two leading localities in the country in attracting foreign direct investment.

Hai Phong City is still a reliable destination for a series of projects in the processing and manufacturing industry and is affirming its strategic position in the field of logistics and marine economy.

Hai Duong and Hung Yen provinces still very effectively promote the advantages of localities neighboring Hanoi capital to develop the economy and attract investment, in addition to the advantage of abundant and quality labor resources. High.

In addition to common cooperation such as important investment and trade promotion activities to promote trade cooperation, attract FDI investment and diversify export markets, VEHEC has jointly successfully organized the Forum Forum of industrial parks to connect industrial park developers, investors and authorities in a green and sustainable direction in the future; Closely coordinate in training programs, especially training on import-export policies and laws, and policy advocacy skills. This activity is very effective when many concerns and questions of businesses in the region are answered directly, many recommendations and proposals of businesses in the sub-region have been absorbed and created by leaders of authorities. conditions to remove difficulties for businesses.

VEHEC also has joint communication activities and many other development cooperation activities, typically transport infrastructure connections between localities continue to be promoted. According to the plan, in 2024, Quang Ninh province and Hai Phong city will have two new connection projects put into operation, namely Ben Rung bridge and Lai Xuan bridge. Along with that, economic exchanges and people-to-people exchanges have been enhanced, showing the potential and prospects of expanding connection and cooperation, together building each locality and the entire sub-region for sustainable development, with highly competitive, with a team of dynamic and developing entrepreneurs and businesses.

Although VEHEC has not been established for a long time, with a strategic location, synchronous infrastructure, and uniform economic development speed, initial results have already appeared, bringing practical benefits to employees. people, businesses. From there, the missing barriers of each locality are eliminated by compensation from other localities in connection; creating an equal distribution of unique advantages, such as tourism and border gates of Quang Ninh, seaports of Hai Phong, human resources from Hai Duong and Hung Yen for common use, improving productivity, quality, efficiency, and competitiveness of the economy, so that the advantages resonate into the benefits of the entire region.

Do Phuong BQN