Identifying a transparent and open business investment environment as a core factor in creating trust for businesses and investors, the Provincial People's Committee has directed all levels and sectors to strengthen the removal of difficulties for businesses. Continue to improve the investment environment, enhance provincial competitiveness (PCI) with the motto: The government accompanies, is open-minded, listens, and substantially removes difficulties and obstacles for businesses. Thanks to that, in 2023, Dien Bien's PCI index increased by 31 places compared to 2022 and ranked 31st nationwide; in which, the scores of many indicators meeting the needs of businesses increased.
Currently, the time for granting a business registration certificate has been reduced from 3 days as prescribed to 1.5 working days. Administrative procedures for business registration are carried out online between the business registration agency and relevant agencies; maximum support for businesses to submit documents online to reduce time and costs... Dien Bien continues to implement the Project to support small and medium enterprises; effectively carry out dialogues, promptly remove obstacles in investment, production and business activities for businesses and investors.
Typically, to welcome investors to the Urban Residential Area, Commercial Service Project in Residential Groups 17 and 18, Him Lam Ward, Dien Bien Phu City, the City People's Committee has been closely coordinating with departments and branches to complete documents and procedures, speeding up the project's site clearance progress.
Accordingly, the project must recover and clear more than 4.8 hectares of land from 87 households, individuals and 1 organization. Up to now, the units have completed the measurement and ownership of 100% of households and 1 organization; completed the counting, measurement and issuance of land recovery notices. Up to now, the Provincial People's Committee has issued a decision approving the investor for the joint venture of VINA2 Investment and Construction Joint Stock Company and MST Investment Joint Stock Company. Accordingly, the project has a total investment capital of nearly 1,000 billion VND. Of which, the capital contributed by the joint venture investor VINA2 - MST is nearly 200 billion VND, the rest is mobilized from other legal resources.
Thanks to the synchronous implementation of solutions, in recent years, many strategic investors and large corporations have come to invest and explore investment opportunities in Dien Bien province, such as: Sun Group, Vingroup, Danco, TNG Group, Dai Nam Son Group Joint Stock Company... Since the beginning of the year, the province has approved investment policies for 7 projects, with a total registered investment capital of more than 1,408 billion VND, an increase of 59.7% over the same period last year.
The province's achievements in attracting investment in recent times have a significant mark of innovation in thinking, defining a vision in policies and actions. Dien Bien province has set a goal of developing the locality rapidly and sustainably by 2025. However, in the process of attracting investment, the province still faces many difficulties, such as: Being located far from the country's economic and political center, Hanoi, far from key provinces and cities in the North, Dien Bien is at a certain disadvantage in attracting and calling for domestic private investment and investment projects from FDI capital sources.
c33389.jpg)
In addition, as a mountainous province, the transportation system connecting districts and communes is more difficult than in the plain provinces. The starting point for education and health care is low, so the level of workers is not high, so the province will face many difficulties in attracting industries that require skilled workers and high technology.
Currently, the mechanisms and policies on land, creating favorable conditions for investors in some projects are still limited. For example, out of a total of 93 projects being implemented, 16 projects are behind schedule due to compensation, site clearance and related procedures.
To attract investment, in the coming time, the province has determined to continue to focus on improving the quality of economic management and the local business environment. Focus on administrative reform; effectively implement the Program to Improve Provincial Competitiveness Index, effectively deploy the Digital Transformation Project of Dien Bien province, period 2021 - 2025, orientation to 2030. This must be the most important solution and considered the backbone in attracting projects and capital sources from both inside and outside the province.
In addition, establish a set of criteria for partners planning to call for investment, build a specific roadmap for attracting and using capital, offer tax incentives, policies, transparency in areas where the province has advantages such as: tourism, agriculture, energy... Continue to develop synchronous traffic and urban infrastructure, especially speed up the completion of procedures for the Dien Bien - Tay Trang border gate expressway project (phase 1); upgrade the A Pa Chai - Long Phu opening into a border gate.
Along with that, promote the systematization and digitization of data and information on planning, investment environment, legal regulations, policies, procedures on investment, environment, land, etc. to support investors in finding investment opportunities. Proactively contact and work with investors; innovate and improve the effectiveness of business dialogue activities; create the most favorable conditions for investors to come to learn, survey and invest in the area. Quickly concretize the planning of Dien Bien province for the period 2021 - 2030, with a vision to 2050 to synchronously connect planning at all levels and sectors.
Source: https://baodienbienphu.com.vn/tin-tuc/kinh-te/217204/go-%E2%80%9Cdiem-nghen%E2%80%9D-trong-thu-hut-dau-tu
![[Photo] Prime Minister Pham Minh Chinh chairs Government Conference with localities on economic growth](https://vstatic.vietnam.vn/vietnam/resource/IMAGE/2025/2/21/f34583484f2643a2a2b72168a0d64baa)
Comment (0)