Former Minister Truong Dinh Tuyen believes Nghe An will become a bright spot attracting investment.

Overview of the workshop. Photo: Duc Anh

Attending the workshop were Comrade Tao Thi Thanh Huong - Ambassador Extraordinary and Plenipotentiary of Vietnam to Singapore; representatives of the Lao Embassy in Vietnam.

On behalf of the Vietnam Economic Institute and Central agencies, there were Associate Professor, Dr. Tran Dinh Thien - Director of the Vietnam Economic Institute; Comrade Truong Dinh Tuyen - former member of the Party Central Committee, former Minister of Trade; Comrade Do Nhat Hoang - Director of the Foreign Investment Department, Ministry of Planning and Investment.

On the side of Nghe An province, there were comrades: Nguyen Dac Vinh - Member of the Party Central Committee, Secretary of the Provincial Party Committee, Head of the Provincial National Assembly Delegation; Nguyen Xuan Duong - Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee; comrades in the Standing Committee of the Provincial Party Committee, Standing Committee of the People's Council, Vice Chairmen of the Provincial People's Committee;...

Also attending were representatives of leaders of corporations, general companies, business associations, domestic and foreign investors who have been and are implementing investment projects...

Provincial Party Secretary Nguyen Dac Vinh speaks at the workshop. Photo: Duc Anh

In his welcoming speech and orienting some discussion contents, Provincial Party Secretary Nguyen Dac Vinh said that the workshop is an opportunity to continue to review and evaluate the results, effectiveness and existence of investment activities that have been taking place in the province in the recent past; at the same time, continue to provide development orientations in the coming time, meeting higher development requirements in the context of international, regional and domestic as well as in the province with many new factors.

At the workshop, experts and businesses discussed the investment environment, policies and orientations for attracting investment; opportunities and challenges in attracting foreign direct investment (FDI) into Nghe An.

Speaking at the workshop, Associate Professor Dr. Tran Dinh Thien - Director of the Vietnam Economic Institute highly appreciated the results achieved by Nghe An in recent times and said that Nghe An is entering a new stage of development.

However, according to Associate Professor Thien, the province needs to clarify the content of a fairly good province to have specific directions in issues of industry, agriculture, export, tourism; building Vinh city, institutional reform...

“How to reform the institution? Nghe An is not fast enough, the whole country is not fast enough, we have to excel but what is excelling, aiming at the high requirements of investors to satisfy” - Associate Professor, Dr. Tran Dinh Thien suggested.

Associate Professor, Dr. Tran Dinh Thien speaking at the conference. Photo: Duc Anh

Former Minister of Trade Truong Dinh Tuyen emphasized that this is a very good time and opportunity for Nghe An to attract investment with its strengths of "large land, large population", relatively synchronous infrastructure, and high-quality human resources.

On the other hand, according to the former Minister of Trade, our country is in the process of international integration, especially the recently signed Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which is opening up opportunities for investment and production in Nghe An.

Along with that, the market of the three North Central provinces of Thanh Hoa, Nghe An, Ha Tinh with a population of about 9 million people is an extremely large domestic market.

“I think this is a very good opportunity for investors to invest in Nghe An,” said the former Minister. “I think Nghe An is the strongest and most attractive destination in the coming years.”

Former Minister of Trade Truong Dinh Tuyen discussed with provincial leaders on the sidelines of the workshop. Photo: Duc Anh

However, according to comrade Truong Dinh Tuyen, in order to make good use of these opportunities, the province must be more proactive, stronger, and more determined in reforming administrative procedures, improving the business environment, and enhancing provincial competitiveness to be among the top in the country.

"This is something that doesn't cost much money, and Nghe An can absolutely do it" - comrade Truong Dinh Tuyen emphasized one of the solutions to build Nghe An into a prosperous province.

Also at the workshop, many experts and businesses discussed a number of issues on improving the investment environment such as attention to logistics development, time to complete investment procedures, human resource training, especially in foreign languages, etc.

Chairman of the Provincial People's Committee Nguyen Xuan Duong speaks at the workshop. Photo: Duc Anh

Concluding the workshop, Chairman of the Provincial People's Committee Nguyen Xuan Duong affirmed the province's commitment to investors. Nghe An not only invites, but more importantly, will accompany, create the most favorable conditions and is ready to support and cooperate closely with all investors.

“Our support for you is not just slogans or promises at meetings, seminars, conferences, etc., but we have been, are and will demonstrate it through specific and practical actions” - the Chairman of the Provincial People's Committee emphasized to the delegates attending the conference.