To support enterprises in production and business development

The last six months of 2022 is the time to focus on completing the set targets. During the complicated development of the Covid-19 pandemic, Binh Duong continued to strictly implement the Government's direction on "safely adapting, flexibly, effectively controlling the Covid-19", assisiting business development combined with investment-oriented.

Many foreign investors are planning to expand production in Binh Duong. In photo:  Manufacture in Takako Company (VSIP 2).

To deeply participate in the supply chain

It is encouraging that, after the Covid-19 pandemic, many businesses in the province have operated effectively, expanded production scale, become an important link, deeply participated in the global product supply chain of large corporations. Hashimoto, Chairman of Sharp Corporation, assessed that Binh Duong is a locality with an attractive investment environment, compatible with Sharp's criteria, hence the group built two production factories located in Vietnam - Singapore (VSIP) 1 and expanded VSIP 2.

In particular, in the coming time, Sharp will continue to expand investment and build one more large-scale factory, plans to develop high-tech and advanced products such as manufacturing and processing electrical products, high-tech components, smart phones, household appliances, healthcare products... to shift the supply chain, diversify markets and spread risks. With that development orientation, Sharp Group hopes that Binh Duong province could provide support to meet the demand for construction land fund, labor supply as well as complete the connected transport infrastructure.

While the business environment is beset by challenges, Tetra Pak's expansion of investment in Binh Duong is a very optimistic bright spot showing investors’ confidence in Binh Duong's development investment environment. Currently, Tetra Pak Company is investing an additional €5 million. “The additional investment of €5 million demonstrates our confidence in the strong recovery of the Vietnamese economy after the pandemic, will help Tetra Pak to better serve customers, provide various types of more attractive paper boxes, while minimizing environmental impact,” said Eliseo Barcas, General Director of Tetra Pak Vietnam Group.

However, investment attraction must aim at sustainable development, environmental protection, guarantee the harmonization of interests of the State, enteprises, and people.  “The province will continue to mobilize maximum resources to invest in infrastructure, especially regional transport infrastructure. To concentrate on doing well the planning for the development of industrial zones and clusters tied to the provincial planning, forming high-tech industrial parks, specialized industries, supporting industries... in order to contribute to the economic restructuring, serving the relocation and conversion of functions for businesses located outside industrial zones and clusters in the southern areas of the province," affirmed Nguyen Van Danh, Vice Chairman of the Provincial People's Committee.

To timely solve difficulties

Nguyen Thanh Ha, Deputy Director of Provincial Department of Industry and Trade, said that she had proposed to the Ministry of Industry and Trade to continue paying attention to, directing and solving the problem of the overlap and inconsistency between legal regulations as implementing investment projects of industrial cluster construction. Specifically, the current specialized legal regulations on the management and development of industrial zones of the Government stipulate that “Investment projects on construction of technical infrastructure of industrial parks are not required to carry out procedures for deciding on investment policies according to regulations prescribed in Clause 1, Article 18 of Decree No. 68/2017/ND-CP”.

However, for industrial cluster construction investment projects that have a request for permission to change the land use purpose under the authority to approve the policy of the Provincial People's Committee according to the provisions of Clause 1, Article 32 of the Law on Investment 2020 stipulates that “The selection of investors in the form of auction of land use rights or bidding for selection of investors is carried out after the policy is approved”.

Based on this, Binh Duong found that for investment projects of industrial cluster construction, which requires the State to permit the change of land use purpose, the implementation of procedures for decision on approval of policy, selection of investors in accordance with the Law on Investment 2020 and procedures for deciding on the establishment and selection of investors to build technical infrastructure of industrial clusters according to the Government's regulations still have overlaps and inconsistencies.

The province proposed the Ministry of Industry and Trade to ask the Government to review and adjust regulations on establishment and selection of investors in investment projects to build industrial clusters in accordance with the Government's regulations on management and development of industrial clusters in accordance with regulations on approval of investment policies and selection of investors in accordance with provisions of the Law on Investment 2020.

In order to facilitate business operations, Ha said that she had asked the Ministry of Industry and Trade to direct the Electricity Regulatory Authority and Renewable Energy to examine and resolve the recommendations of People's Committee of Binh Duong province related to the addition of provincial electricity development plan.

Reported by Tieu My, Cam Tu - Translated by Ngoc Huynh