Vinh Phuc trains to improve investment promotion and business support skills

The training program was organized by the Center for Investment Promotion and Enterprise Support of Vinh Phuc province with the desire to improve the effectiveness of investment promotion activities and support businesses to promptly resolve problems and difficulties when seeking opportunities to expand business in Vinh Phuc.

To promptly grasp the trends and investment promotion skills in the 4.0 era, the Center for Investment Promotion and Enterprise Support of Vinh Phuc province organized a "Training conference to improve investment promotion and enterprise support skills in the province" on December 27 to equip more knowledge for those who are directly working in this field.

At the conference, about 80 delegates representing departments, branches and businesses in the province and experts exchanged and shared about investment promotion in the digital age, skills to attract foreign investment, experience in Thailand's investment promotion policies and experience in organizing trade delegations to promote investment and develop industry and trade abroad.

Mr. Bui Hong Do, Director of the Center for Investment Promotion and Enterprise Support of Vinh Phuc province, said that improving capacity and skills in investment promotion and enterprise support is an urgent requirement in the period of deep integration, when competition takes place not only between enterprises but also between localities and countries.

Therefore, the training program aims to foster knowledge, laws and provide skills to improve the quality and effectiveness of the province's investment promotion work.

Through training activities, officers and employees of agencies in charge of investment promotion and business support will be equipped with professional knowledge, investment promotion skills, conference organization, and investor outreach in the new period.

“The training conference equips managers and individuals working in investment promotion and business support in Vinh Phuc province with the latest trends in investment promotion, new methods and approaches to approach and attract foreign investment,” Mr. Do emphasized.

The Director of the Provincial Center for Investment Promotion and Enterprise Support added that this is also a good opportunity for officers and employees working in this field to supplement their knowledge, improve their capacity and necessary skills to effectively support businesses.

Vinh Phuc province always identifies attracting investment and supporting businesses as a key task in its socio-economic development strategy.

According to the Project to attract strategic investors, Vinh Phuc province aims to attract an additional 2-2.5 billion USD in investment capital from the FDI sector by 2030, attracting 1-5 multinational corporations in the group of 500 largest corporations in the world.

In addition, the locality also plans to increase the proportion of registered investment capital from some countries and territories in the province's total FDI capital to more than 80%. In 2025 alone, Vinh Phuc is expected to attract 22 new FDI projects with a total investment capital of 500 million USD.

Mr. Tran Duy Dong, Chairman of the Provincial People's Committee, said that the province's investment attraction orientation in the coming time is to prioritize high-tech projects, using clean energy, computer industry, electronics, civil electricity, semiconductor industry, mechanical engineering support industries, automobile and motorbike industry, pharmaceutical industry, high-tech agriculture, projects of leading multinational corporations and key suppliers in the global supply chain of multinational corporations.

To achieve this goal, Vinh Phuc needs to continue promoting administrative reform and technology application, developing e-Government to facilitate businesses in implementing investment procedures. At the same time, the province will implement projects to support connection and cooperation between provincial businesses and FDI enterprises, gradually participating in the global supply chain.

The Center for Investment Promotion and Business Support, as a bridge between local authorities, businesses and investors, has advised the Chairman of the Provincial People's Committee to connect and cooperate with domestic and foreign agencies and organizations to improve the effectiveness of promotion activities.

In addition, the Center also conducts surveys and evaluates the investment status, resolves recommendations and problems of enterprises and coordinates the organization of investment promotion activities not included in the annual program of the province, carried out by organizations, enterprises or investors with non-state budget funds.

According to information from the Vinh Phuc Investment Promotion and Enterprise Support Center, as of November 2024, Vinh Phuc has newly granted 32 projects with a total registered investment capital of 190 million USD and adjusted the capital increase for 42 projects with an additional capital of 400 million USD. The total newly granted and increased investment capital of FDI projects is 590 million USD, exceeding the plan by nearly 50%.

Accumulated to November 15, 2024, the province has 1,326 projects, including 481 FDI projects with a total investment capital of more than 8.4 billion USD, 845 DDI projects with a total investment capital of about 145,151 trillion VND from 20 countries and territories. Many of these projects are invested by multinational corporations from Japan, Korea, Taiwan, China, Thailand, Singapore and some projects from Europe and the United States.

Notably, the FDI projects attracted in 2024 are all technology projects with high added value, using high-quality labor and being competitive in the global production network and value chain. Some typical projects include the Electronic Components Manufacturing Project of BH Flex Company Limited in Khai Quang Industrial Park, which has increased its total investment capital to 75 million USD, the Semiconductor Chip Manufacturing Project of Signetics Joint Stock Company, which is researching investment in the province...

Source: https://baodautu.vn/vinh-phuc-tap-huan-nang-cao-nghiep-vu-xuc-tien-dau-tu-va-ho-tro-doanh-nghiep-d236475.html