Bac Giang commits to full support for enterprises

Northern Bac Giang province will create the most favourable conditions for both local and foreign enterprises operating in the locality, Nguyen Van Linh, Chairman of the provincial People’s Committee in his meeting with 140 small- and medium-sized enterprises on June 30. 

He called on the enterprises to follow market, value, supply and demand and competitive principles, pledging that the province will improve the investment environment and infrastructure. 

At the meeting, enterprises raised their difficulties, as well as recommendations in order to make it easier for their future activities. 

Nguyen Huu Phai, General Director of the Bac Giang Garment & Textile Company, said the province needs to focus on improving roads, electricity and water systems in industrial parks as well as continuing reforming administrative procedures. 

Ngo Van Khanh, Director of the Bac Giang Import & Export Joint Stock Company, recommended that the province instruct vocational training schools to focus on professions that are of market demand. 

In the first six months of the year, Bac Giang attracted 84 projects, of which 59 were domestic projects with a total investment capital of VND9.3 trillion (US$409 million) and 25 foreign projects registering a combined capital of US$226 million. 

Forty-three projects in the province went into operation, providing jobs for 9,500 labourers. There are 428 newly-registered businesses and representative offices, up 47%. 

As of now, the province has a total of 5,220 registered enterprises with a total capital of VND28.7 trillion (US$1.27 billion).


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