In the context of increasingly deep economic integration, to support businesses to integrate effectively, the province has focused on improving the investment environment, enhancing support solutions, enhancing competitiveness, and developing brands for industries and businesses.
Production of PE tarpaulins for export at JM Plastics Vietnam Co., Ltd., Dong Lang Industrial Park, Phu Ninh District.
Investment promotion activities are regularly implemented, helping to expand and increase the value of foreign investment capital flows. From 2021 to June 2024, the province will attract new and additional capital for over 400 private investment projects and more than 90 foreign direct investment projects. Some production and business sectors in electronics, processing and manufacturing industries have many innovations, absorbing modern technology, helping to produce effectively, improve the competitiveness of goods, and contribute to exports.
At the same time, the province implemented solutions to remove difficulties and obstacles to develop raw material sources, helping businesses meet the rules of origin, and better take advantage of opportunities brought about by trade agreements. The Industry and Trade sector also reviewed and evaluated manufacturing and business enterprises in fields related to free trade agreements, proposed support solutions, and ensured effective integration.
CTH Ceramics Joint Stock Company, Thanh Vinh Ward, Phu Tho Town specializes in producing ceramic tiles, with a production output of over 6 million m2/year. Mr. Nguyen Duc Truyen - Chairman of the Board of Directors of the Company said: "With 30% of output serving export, to directly export products to markets with high standards such as Europe, America... in recent times, the Company has continuously improved designs, enhanced product quality, and built a competitive strategy. The Company has been consulted by departments and branches and has also proactively researched to meet the regulations and rules on origin and trade barriers of each importing country, taking advantage of tariff incentives, creating significant competitiveness".
With the support of the province, most enterprises proactively seek orders, exploit sources of goods; diversify markets and export products, contributing to increasing the value of import and export turnover. The whole province currently has over 290 enterprises with import and export activities. In the period of 2021-2023, the average export value of the province is over 10 billion USD/year; in the first 9 months of 2024 alone, the export value reached over 11 billion USD, an increase of nearly 50% over the same period last year.
As a “bridge” between enterprises and state management agencies, associations, business associations, and entrepreneurs play a role, thereby grasping and promptly reflecting the difficulties and problems of the business community to find solutions. At the same time, connect members, support each other in production, build corporate culture, improve production capacity, product quality, meet standards and regulations according to each market segment.
Mr. Nguyen Minh Tuan - Vice Chairman of the Provincial Young Entrepreneurs Association said: "Economic integration encourages businesses to constantly improve production technology, enhance competitiveness to meet higher value stages in the domestic and global supply and distribution chains. The province's functional departments accompany businesses to remove difficulties, promote administrative procedure reform, provide legal advice and support, promptly implement preferential policies on tax, credit... creating favorable conditions for entrepreneurs and businesses to develop and integrate".
In order to effectively implement international economic integration in the province and promote socio-economic development, functional sectors and localities continue to diversify propaganda activities, disseminate information on international economic integration, guide the implementation of free trade agreements; strengthen propaganda on investment activities, investment environment, mechanisms and policies related to foreign investment attraction activities.
Develop and implement action programs, plans, and projects on international economic integration, trade promotion, e-commerce development, export market expansion, and trade defense capacity enhancement, ensuring compliance with the province's conditions. Continue to improve the investment and business environment, enhance competitiveness, implement trade promotion programs, investment promotion, tourism, and brand building; enhance digital transformation, develop e-commerce, and help businesses enhance their ability to trade, search, and expand markets.
Nguyen Hue
Source: https://baophutho.vn/ho-tro-doanh-nghiep-hoi-nhap-hieu-qua-220904.htm
Comment (0)