Join hands and unite to improve Dak Nong's investment environment

Efforts to cut investment procedures

Dak Nong has a low starting point. Overall, Dak Nong's economy still depends on agriculture. Some shortcomings in planning and bauxite affect the investment attraction process in Dak Nong.

Dak Nong has many steps of socio -economic development.

Regarding infrastructure, Dak Nong has not really developed. In particular, the transport infrastructure is mainly roads, there is no waterway, no air route, no highway. Industrial park infrastructure is still limited and small in scale.

The health and education infrastructure system is still underdeveloped. This limitation has negatively affected the investment environment. This is also the reason why Dak Nong has not created the attraction and choice of many investors coming to the province.

For many years, Dak Nong’s Provincial Competitiveness Index (PCI) has always been at the bottom of the list. The Dak Nong Provincial People’s Committee had to frankly admit this and draw profound lessons from it.

Improving the investment environment and creating favorable conditions for businesses and investors to operate is one of the breakthroughs identified by Dak Nong in the Resolution of the Provincial Party Congress for the 2020-2025 term.

Improving the investment and business environment is one of the breakthroughs identified by Dak Nong in the Resolution of the Provincial Party Congress for the 2020-2025 term. Having determined this, over the past time, Dak Nong has continuously made efforts to reform administration.

Immediately after the Party Congress, the Provincial Party Committee and Provincial People's Committee concretized the resolution with many programs and plans to improve the investment and business environment.

One of the solutions Dak Nong has consistently implemented in improving the investment and business environment is to cut down on investment procedures.

Every year, the People's Committee of Dak Nong province publicly announces the DDCI index. This is an index to assess the competitiveness between departments, branches and localities.

This index is published to facilitate investors. The functional departments and the People's Committee of Dak Nong province regularly organize and participate in major events to promote investment, promote image and tourism.

According to Director of the Department of Planning and Investment Tran Dinh Ninh, the awareness and responsibility of leaders of Party committees, authorities, cadres and civil servants in attracting investment has been improved.

The coordination process between departments and branches in solving difficulties and problems for businesses has gradually improved. Up to now, the total time to handle procedures in the province has been reduced significantly compared to before.

The business coffee model is organized weekly by Dak Nong to shorten the distance between businesses and Dak Nong government.

“Dak Nong has significantly reduced the time it takes to process administrative procedures for people and businesses. Some good methods that have been implemented by units include: the business cafe model; establishing a working group to resolve difficulties for investors; the model of “no appointment, no writing”, Mr. Ninh affirmed.

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Strongly improve the investment and business environment, first of all by promoting administrative reform; enhancing competitiveness, innovating to attract investment, accompanying businesses; mobilizing, managing and effectively using all resources for development.

Resolution of the 12th Dak Nong Provincial Party Congress, term 2020-2025

Strong breakthrough

The Party Committee and government of Dak Nong province have identified improving the investment and business environment as an important breakthrough. The locality has increased resource concentration and resolutely directed the implementation of policies and guidelines to improve the investment and business environment.

Up to now, Dak Nong’s work to improve the investment and business environment has been highly appreciated by the business community. This is reflected in the PCI assessment results in recent years.

Provincial Competitiveness Index (PCI) has made breakthroughs, businesses' trust in Dak Nong government has improved a lot

Most impressively, in 2023, Dak Nong had a strong breakthrough when the provincial PCI index rose to 21st place, up 17 places compared to 2022. This is the highest result that Dak Nong has achieved in the past 20 years.

Previously, in 2022, Dak Nong's PCI index increased 14 places in ranking, from 52/63 in 2021 to 38/63 provinces and cities. In particular, some component indexes have high rankings such as: Time cost (ranked 6); Transparency (ranked 17); Dynamism of provincial government (ranked 23).

At the meeting with businessmen of Dak Nong province, taking place on October 9, 2024, Deputy Secretary of the Provincial Party Committee, Chairman of the People's Committee of Dak Nong province Ho Van Muoi affirmed that the above results are the efforts and high political determination of the entire Party Committee and government.

Along with that is the drastic and close direction and management of the authorities at all levels. Especially the solidarity, determination, joint efforts and consensus of the entire political system, business community and people of Dak Nong province.

Deputy Secretary of the Provincial Party Committee, Chairman of the People's Committee of Dak Nong province Ho Van Muoi visited and grasped the production and business activities of enterprises at Tam Thang industrial park, Cu Jut district.

Assessing the investment and business environment in Dak Nong in recent years, Mr. Le Trong Thiet, Director of Nam Hai Construction Company Limited, Cu Jut District, said that the investment environment has improved greatly. Administrative procedures and all project information are public and transparent, making it much easier for businesses to access.

Regularly grasping and sharing activities with businesses is a new change of Dak Nong government that was very rare before. Exchanges between authorities at all levels and businesses have become more open.

"This is a prerequisite to help businesses be frank and have more opportunities to share difficulties, problems, and propose solutions during their operations," Mr. Thiet shared.

Chairman of the Dak Nong Provincial Business Association Nguyen Tri Ky emphasized that the investment and business environment has been greatly improved. Many solutions have been actively implemented by the government, contributing to creating an investment environment and reducing procedures and hassles for businesses.

“Support policies are more timely. The province understands, shares, and accompanies businesses in their difficulties and problems. This helps Dak Nong businesses feel more confident in their production and business activities,” said Mr. Ky.

Dak Nong currently has about 3,800 private enterprises operating, with a total registered capital of over 37,000 billion VND. To date, Dak Nong has attracted 412 non-budget investment projects, with a registered capital of about 85,500 billion VND.

Source: https://baodaknong.vn/chung-suc-dong-long-cai-thien-moi-truong-dau-tu-dak-nong-232882.html