Reform the business environment in Hung Yen for development

In the unfavorable context of the international economy and internal difficulties from within the country, Hung Yen province is promoting and implementing more substantive efforts to improve the business environment, supporting businesses to recover. recovery and development....

In the unfavorable context of the international economy and internal difficulties from within the country, Hung Yen province is promoting and implementing more substantive efforts to improve the business environment, supporting businesses to recover. recovery and development....

In the first 7 months of 2024, the socio-economic situation of Hung Yen province has achieved positive results. Gross product in the province (GRDP) increased by 6.81%. In the unfavorable context of the international economy and internal difficulties from within the country, Hung Yen province is promoting and implementing more substantive efforts to improve the business environment, supporting businesses to recover
In the first 7 months of this year, Hung Yen province's industrial production increased by 11.13%, the economic structure continued to shift towards industry and services. Total budget revenue to date has reached over 22,000 billion VND, reaching 67.2% of the estimate assigned by the Provincial People's Council. The administrative reform index has a big change; The fields of culture, health care, education, employment, and social security continue to be cared for and developed; political - social stability; National defense and security are maintained, the province's foreign relations continue to expand.
In the coming time, the Provincial People's Committee will propose many solutions to resolve difficulties and obstacles to promote socio-economic development of Hung Yen province. Reality shows that the quality of economic management in Hung Yen province tends to improve over time, business support has changed positively, unofficial costs have decreased, market entry procedures are favorable. and reform of administrative procedures achieved many positive results.

Illustrative photo: Hung Yen City
Mr. Tran Quoc Van, Chairman of Hung Yen Provincial People's Committee acknowledged: "Transparency, reducing unofficial costs, human resource training, legal support for businesses and market entry, these indicators are all necessary." improved. When businesses return to the locality, they must receive legal support, unofficial costs are absent, along with that there needs to be high transparency, shortest market entry time, all 10 component indexes are improved. Only Hung Yen can reach the top 10 nationwide."
 
In the context of Vietnam's very deep integration into the world economy, in addition to opportunities from free trade agreements that Vietnam has signed and is negotiating with international partners, it also places pose many challenges for Vietnamese businesses. But in that process, many businesses in Hung Yen have promoted their advantages, building strong brands in the domestic market as well as abroad. Garment 10 Corporation in Pho Noi Industrial Park, Hung Yen province for many years, has been honored with National Brand 6 times.
 
Mr. Than Duc Viet - General Director of Garment 10 Corporation said the brand building strategy when integrating: "May 10 has always been one of the leading manufacturers of fashionable garment products, shirts and suits in the country." Vietnam. When customers arrive at the airport, they can immediately think of May 10 to place orders like major fashion brands in fashion import markets such as the US, Europe and Japan. As for the domestic market, since the early 90s of the last century, we have also built the May 10 fashion brand and our criteria are international quality, style and design according to the needs. Vietnamese people's tastes, but the prices are Vietnamese."
 
In the development strategy of businesses in Hung Yen province, they are aiming for green, sustainable development, protecting the environment and people's health.
Mr. Hoang Van Hien - Vice Chairman of Hung Yen Provincial Businessmen's Association, owner of an automobile business, said that after 24 years of operation, his business has a solid foothold in the market with annual revenue. about 1,000 billion VND, creating jobs for over 300 workers and gaining the trust of consumers.
 
“The system we build and develop is always sustainable because cars and motorbikes are always needed. At this point, as gasoline cars decrease, businesses have an electric vehicle strategy. The management stage is getting stricter and stricter, especially in terms of fire prevention and fighting, we must pay attention to people, we must be safe. If we are a businessman or a business, we must do business properly, properly, and pay in full. taxes for the State" - Mr. Hien shared.
Many products of Hung Yen have been exported to foreign markets, especially demanding markets such as Japan and Europe. For example, processed agricultural products such as longans, pharmaceuticals, electronic products, components, motorbike parts and garments...
With 150 hectares of turmeric cultivation, Mr. Hoang Quang Dong - Director of Hoang Minh Chau Limited Liability Company said that the unit specializes in exporting products processed from turmeric starch to the Ukrainian market, the Middle East and recently to The Japanese market is difficult. However, the company urgently needs a processing factory to improve the quality of export products.
 
Mr. Hoang Quang Dong proposed: "Due to the epidemic, some supply chains were broken, especially related to agriculture, then fertilizer prices increased and some other materials increased. I also support people partly and the other part of the difficulty is waiting for permission from the Provincial People's Committee to build a factory. When we can work, our Japanese partners will accompany us, maybe in terms of equipment and machinery, we will participate in capital, then I think that is a sustainable direction for a product. traditional agriculture”.
 
When Ring Road 4 is completed on schedule and put into operation in 2027, it will boost the circulation of goods, contributing to creating a driving force for the development of the Red River Delta and the Northern key economic region. including Hung Yen province, so that Hung Yen's products can reach all parts of the country.

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