Chairman of VCCI Vietnam: Nghe An needs to have a strategy for private economic development

Prioritize job creation for workers

Opening his speech, Chairman of the Vietnam Chamber of Commerce and Industry, Dr. Vu Tien Loc, emotionally shared: The projects that have been put into effective operation in Nghe An in recent times, the impressive numbers announced today show the sweet fruits that the provincial government has worked hard to cultivate.

Dr. Vu Tien Loc - Chairman of Vietnam Chamber of Commerce and Industry speaking at the Spring Meeting with Investors of the Year of the Pig. Photo: Thanh Cuong

Investing in agriculture, developing private enterprises and upgrading tourism services is the sustainable development direction of Nghe An. Although the industrial value and budget revenue of Nghe An are not as great as those of neighboring provinces, this development method will certainly bring benefits to the majority of people, create more jobs, and protect the environment in an inclusive development direction where no one is left behind.

According to this orientation, Nghe An, in addition to calling for "leading cranes", must also have a strategy for private economic development. Currently, the number of private enterprises operating in Nghe An is quite high, approximately 12,800 registered enterprises, about 10,000 enterprises are paying taxes, but the average enterprise rate per capita is still modest.

Focusing on developing private enterprises and creating jobs for workers is a development priority of Nghe An. In photo: Textile workers in Dien Chau district. Photo: Thu Huyen

Having more newly established businesses, in addition to attracting many foreign projects, is an important issue for Nghe An. This is to ensure enough jobs for workers. When people have jobs, it will promote consumption, services, and create new jobs. More jobs and increased income also help develop health care, education, and reduce social evils. Therefore, creating quality jobs should be the top priority and core work of provincial leaders and authorities at all levels.

Pay attention to each project after licensing

The important solution in the coming time, I suggest that Nghe An province, in addition to promoting investment very effectively, must also take care of investors, following the slogan "following every step of investors". This way will demonstrate a change in thinking from "asking for", "giving" to "thinking and acting". Paying attention to each project after licensing plays a very important role in attracting investment, is an effective way to attract businesses to do business methodically. Promoting the image and investment environment will become most practical when using the effectiveness of supporting and taking care of businesses after investment as a measure of the investment environment.

Enterprises in Nghe An are mainly small and micro-sized. Photo: Thu Huyen

“Therefore, I think that the specific and practical activities that Nghe An should carry out are: Reviewing and recommending the removal of barriers and difficulties that investors encounter; evaluating the effectiveness of the implementation of issued policies, including the assessment of the implementation level of relevant departments and branches, promoting dialogue between the government and businesses, exploring new initiatives to improve the business environment... are very important and meaningful activities. The destination here is not only investment projects with specific capital and short-term achievements, but also a favorable, safe and sustainable investment environment that any investor, whether in the province or outside the province, whether domestic or foreign, large or small, can benefit from. These are the most effective and sustainable investment promotion activities.”

VCCI Chairman Vu Tien Loc