Investment News


"Gold" position in the eyes of investors

21/01/2023

With many potentials and strengths in natural conditions, geographical location, along with cultural, historical and human values, Quang Ninh meets all the factors for rapid and sustainable development. In recent years, the province has constantly reformed and innovated, becoming a bright spot in the country in terms of improving competitiveness and attracting investment.

 

Leaders of Quang Ninh province received the PCI Champion Cup in 2021 - the 5th time in a row.

The journey has no end

Quang Ninh is the first and only locality in the country to include the goal of "Every year maintaining the top position in terms of PCI, PAR Index, SIPAS and PAPI" in the document of the Provincial Party Congress. Immediately after the 15th Congress of the Provincial Party Committee, the Provincial Party Committee issued Resolution No. 05-NQ/TU (April 9, 2021) "On accelerating administrative reform, improving the business investment environment. , improving provincial competitiveness in the period of 2021-2025, with a vision to 2030", with the view of continuing to strongly innovate management thinking, from command to service - creation, taking satisfaction People's and organizations' performance is a measure of service quality and management quality of state administrative agencies from provincial to grassroots levels.

In particular, the province has built and maintained a culture of companionship, culture of commitment, culture of execution for the community of investors and businesses inside and outside the province; step by step build a contingent of cadres with a scientific and democratic working style, sticking to reality, saying in parallel with doing, doing decisively, to the end and with measurable results and efficiency, with a spirit of dedication. spirit of "5 real" (thinking truth, speaking truth, doing real, real effect, people and businesses get real benefits); encouraging the spirit of innovation and creativity, "six dares" (dare to think, dare to speak, dare to do, dare to take responsibility, dare to innovate, dare to face difficulties and challenges); decisively in action for the common good. This is a strong affirmation of the province's political determination to promote administrative reform, improve the business investment environment, and enhance competitiveness.

 

Quang Ninh province organizes the 2nd business meeting in 2022 on the occasion of Vietnamese Entrepreneurs' Day on October 13.

Taking the satisfaction of businesses and people as a measure of work efficiency and letting people and businesses really be the subject of reform and innovation, the province has always attached great importance to quantification and measurement. measure and evaluate in a substantive and objective way the results achieved in the reform work. With political determination set at the highest level, Quang Ninh has confidently walked on the path of realizing, concretizing and promoting its potential, strengths, development space, geostrategic location. in regional connectivity to achieve 5 consecutive years leading the country in PCI Index.

The province has gradually built up a synchronous, modern infrastructure system, socio-economic development ... which is assessed by the Central Government and investors as a locality with a "public" business investment environment. , transparency, equality, safety, efficiency and sustainability".

 

The Provincial Customs Department held a conference to find solutions to solve difficulties and promote the import of machinery and equipment through Mong Cai International Border Gate, April 2022.

In order to build and maintain the No.1 "brand" of competitiveness in the country for 5 consecutive years, thereby becoming a bright spot in investment attraction, Quang Ninh starts from building a solid foundation. with a series of pioneering and breakthrough reforms in improving the business investment environment, accompanying businesses. In which, there is a creative and breakthrough step in mobilizing investment resources in the form of public-private partnership (PPP) with the motto "Public investment leads investment"; to rearrange and reorganize the political apparatus and system to be streamlined, to operate effectively and efficiently; building a team of public officials and public servants with integrity, commitment, creativity, discipline, discipline and public service ethics; training high-quality human resources to meet the requirements of the reform and development process...

VCCI Chairman Pham Tan Cong assessed: Quang Ninh's reform models have always been the flagship, proven effective in practice and spread throughout the country, serving as a model for other localities to learn from. , reference. The results achieved by Quang Ninh province, especially in attracting investment in recent years, are the clearest evidence for the efforts, efforts, innovation and creativity that the province has persistently implemented throughout the years. via…

 

"Quang Ninh Investment Promotion Conference 2022: Convergence and Spread" was held on the occasion of Quang Ninh hosting APEC III, July 2022.

"Sweet fruit" from constant efforts

At the end of July, 2022, the Quang Ninh Investment Promotion Conference 2022 was held by the province at the "golden time" on the sidelines of the third meeting of the APEC Business Advisory Council (ABAC III) taking place in Quang Ninh, has nearly 2.4 billion USD of FDI registered and committed to invest in the province. In particular, Stavian Quang Yen Petrochemical Joint Stock Company committed to invest in DEEP C's Bac Tien Phong Industrial Park to implement a project to produce polypropylene plastic beads with an investment of 1.5 billion USD, production scale of 600,000 tons of products. products/year; The factory is expected to come into operation in the fourth quarter of 2026. On November 1, 2022, the investor signed a technology copyright transfer agreement with Honeywell UOP Company (USA) and Basell Polielefine Company (Italy) in the process of manufacturing Polypropylene plastic beads, concretizing steps First investment in Quang Ninh province.

Along with that are 2 projects: Jinko Solar Vietnam Warehouse (Jinko 3) with a total investment of 35.56 million USD; Social housing area serving workers and employees of enterprises in Song Khoai Industrial Park, total investment of nearly 12.65 million USD by Jinko Solar Vietnam Industry Co., Ltd. With these two projects, Jinko Solar has completed a closed process in production and business activities and ensured the welfare of employees, showing the desire to stick with Quang Ninh for a long time.

 

Electronic component production line of Bumjin Vina Electronics Co., Ltd (Dong Mai Industrial Park, Quang Yen Town).

Mr. Hoang Kim Tinh, General Director of Jinko Solar Vietnam Industry Co., Ltd., said: Since embarking on the Jinko 1 Project, we have noticed the outstanding competitive advantage of Quang Ninh, especially What is even more special is the close companionship and enthusiastic support of the leaders of the province, relevant departments, branches and localities. Therefore, when Jinko 1 was in the process of being deployed, we were granted the investment certificate of Jinko 2 Project in less than 24 hours from the time of submitting the application and immediately started implementation. After 4 months, the project went into production, 7 months ahead of the original schedule, completing the large-scale solar panel production chain in Vietnam of Jinko Solar Group...

 

Dong Mai Industrial Park (Quang Yen Town) is invested with complete technical infrastructure, welcoming many secondary investors.

Thanks to the bold imprints in environmental improvement and investment attraction, in 2022 the total social investment capital in the province is estimated at nearly VND 98,000 billion, up 10.19% over the previous year; in which non-budget capital is estimated at more than 89,000 billion dong. The province has granted new and adjusted investment registration certificates for 9 domestic projects with a total capital of 32,850 billion VND, 19 FDI projects with a total capital of 622.6 million USD; approved and adjusted investment policies for 39 domestic projects with a total capital of 35,841 billion VND... Industrial zones and economic zones of the province (excluding Van Don EZ) currently have 232 effective off-budget investment projects. resources: 88 FDI projects, total investment capital is nearly 4.4 million USD; 144 domestic projects, total investment capital of more than 58,000 billion. Enterprises with investment projects in the province operate more and more stably, have good revenue, and contribute positively to the state budget: FDI enterprises have a turnover of about 2.5 billion USD, domestic enterprises have about 2.5 billion USD in revenue. revenue is about 3,200 billion dong; more than 900 billion dong to the state budget...