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Attracting Private Investment for Development

(News Portal – Dong Nai) - As the largest economic region in the country with key localities for industrial, commercial, and service development, the Southeast region is attracting a large number of private enterprises for investment and startup initiatives. 

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Production at an Enterprise in Bien Hoa 

To promote the development of the business community, which in turn drives the local economy, the provinces and cities in the region are making efforts to improve the business environment. Alongside creating favorable conditions for enterprises to thrive, localities are undergoing significant transformations, restructuring their economies, especially towards high-tech and key industries.

Dong Nai identifies the private economy as a crucial driving force for economic development, thus the province continuously encourages and facilitates the rapid, sustainable, and diverse growth of the private sector, aiming for high growth rates in terms of quantity, scale, and quality.

Central Party Committee member and Secretary of the Provincial Party Committee Nguyen Hong Linh has repeatedly affirmed that, for Dong Nai, the success of enterprises is synonymous with the success of the locality. To achieve rapid and sustainable development, it is essential to build a workforce that is attentive and closely connected with the people and businesses. Therefore, Dong Nai is determined to achieve remarkable breakthroughs in localities and units through effective and decisive management, implementing reasonable actions and solutions for the common good.

Chairman of the Ho Chi Minh City People's Committee Phan Van Mai shared that the locality will apply new technologies to key industries and support enterprises in enhancing their capabilities to participate in global value chains. The city is strongly implementing dual transformations, focusing on green and digital transitions, and creating a transparent legal framework based on specific policies to support businesses.

Chairman of the Ba Ria-Vung Tau Provincial People's Committee Nguyen Van Tho stated that in recent years, the province has strengthened state management and built a positive, favorable investment and business environment. Ba Ria-Vung Tau aims to create a dynamic and efficient investment environment for all domestic and foreign enterprises. The province will continue to decisively address each challenge and obstacle to facilitate business operations. To enhance efficiency, local authorities will conduct inspections and audits with the goal of eliminating delays and bottlenecks in paperwork and procedures that hinder businesses.​

Author: Bao Nguyen

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