Soc Trang strengthens investment promotion to promote local potential and advantages

In investment promotion, Soc Trang province proactively selects strategic investors with financial potential and experience to contact, mobilize and call for investment.

In investment promotion, Soc Trang province proactively selects strategic investors with financial potential and experience to contact, mobilize and call for investment.

Promote calling for strategic investors

In order to attract maximum resources and promote the potential advantages of the locality, in recent times, Soc Trang province has strengthened the promotion, advertising and introduction of the province's potential and advantages to domestic and foreign investors.

Investment promotion activities are regularly carried out by the province's functional agencies and departments with diverse and flexible methods, both directly combined with online, applying digital technology, and remote promotion (consulting, exchanging, sending documents, information about the province's potential and advantages via digital platforms...).

Soc Trang provincial leaders regularly organize meetings and dialogues with businesses to grasp the business situation and listen to the difficulties and problems of businesses, and have timely solutions. Photo: soctrang.gov.vn

The investment promotion program is built according to the focus and key points and focuses on areas with strengths, in line with the orientation and planning for socio-economic development of Soc Trang province until 2025 and vision to 2030 such as: marine economy, high-tech agriculture; production, processing and preservation of agricultural and aquatic products; investment in developing infrastructure of industrial zones and clusters; renewable energy production; tourism, services, logistics...

In investment promotion, Soc Trang province proactively selects strategic investors with financial potential and experience to contact, mobilize and call for investment. The province has coordinated with ministries, branches, the Foreign Investment Agency, the Southern Investment Promotion Center (Ministry of Planning and Investment), the Vietnam Federation of Commerce and Industry, the Trade - Investment and Tourism Promotion Centers of the provinces and linked with the Trade - Investment Promotion Center of Ho Chi Minh City to study, research, evaluate the market and investment trends as well as select investment partners suitable to the socio-economic conditions of the province.

In 2024, the province will coordinate with the Chinese Consulate General in Ho Chi Minh City to organize a meeting program with Chinese enterprises and enterprises of Soc Trang province; attend the "Meeting Korean Enterprises 2024" conference in Binh Duong province; work with investment promotion organizations, foreign organizations... In addition, the province has organized 2 working delegations to China to research the market and work with Chinese partners on investment and trade promotion; organize a working delegation to study experiences in waste management and circular economy in the Kingdom of the Netherlands.

In addition, the province has received and worked with foreign investors such as: The Vietnam - Japan Friendship Association delegation conducted a field survey in My Tu district; Haravest Waste Company (Netherlands) studied investment in a waste treatment project in Soc Trang province; Guangxi Road and Bridge Engineering Group Co., Ltd. (China) and Freedom Trans USA, LLC (USA) studied investment opportunities in Soc Trang...

Accompanying investors and businesses

Along with promoting domestic and foreign investment, Soc Trang province always pays attention to implementing the tasks of improving the investment and business environment, enhancing competitiveness, focusing on improving the efficiency of on-site investment promotion activities through supporting and accompanying businesses and investors throughout the implementation process from the beginning of the project to the time of putting it into production and business operations, contributing to creating trust for investors coming to Soc Trang.

Soc Trang Provincial leaders received and worked with Haravest Waste Company (Netherlands) on investing in a waste treatment project in the province.

Specifically, the provincial departments and branches have actively coordinated to advise, guide the procedures, documents for project implementation, provide information on current legal documents, policies, incentives, investment support, investment incentive fields, legal basis information of investment attraction projects of the province as a basis for enterprises and investors to establish investment projects for production and business activities. During the year, the province consulted and supported 92 investors to explore investment opportunities in the province; thereby, the whole province has 11 investment projects approved in principle, approved investors with a total registered capital of more than 7,182 billion VND.

Along with that, providing consulting support and guidance on business registration procedures and investment registration for more than 211 businesses and investors directly and remotely online using applications such as Ultraviewer, Zalo, mobile phones, etc. Thereby helping businesses and investors save time, costs and facilitate the process of carrying out administrative procedures.

To increase investment attraction, the People's Committee of Soc Trang province has directed to continue to improve the investment and business environment, enhance provincial competitiveness, periodically organize meetings and dialogues with businesses to grasp the operating situation and listen to the difficulties and problems of businesses, and have timely solutions.

In 2024, the province organized 5 meetings, dialogues, and direct meetings with businesses and business households in the province (including 2 meetings, dialogues and 3 regular meetings and breakfasts) to grasp the operating situation and listen to the difficulties and problems of businesses in investment, production and business in the province.

Thereby, the province received 36 feedbacks from enterprises and business associations about difficulties, obstacles and requests for support during operations. After the meetings, 100% of the opinions of enterprises were issued by the Provincial People's Committee to direct relevant units to consider and resolve. Up to now, 36/36 feedbacks have been responded and resolved by the Provincial People's Committee and departments, branches and localities (reaching a rate of 100%).

In particular, the "Working Group to Resolve Difficulties and Obstacles of Enterprises" continues to promote its role in promptly supporting enterprises and investors in resolving difficulties in the process of implementing investment, production and business activities in the province according to regulations. Specifically, in 2024, the Working Group received and coordinated with departments, branches, and functional agencies, advising the Provincial People's Committee to resolve and resolve 4 cases of difficulties and obstacles of enterprises and investors in the process of implementing procedures and implementing production, business and project investment activities according to regulations.

Source: https://baodautu.vn/soc-trang-tang-cuong-xuc-tien-dau-tu-phat-huy-tiem-nang-loi-the-dia-phuong-d232586.html