Industrial development of the province

Implementing Resolution No. 09-NQ/TU, dated December 31, 2021 of the Provincial Party Committee (term XIV) on industrial development to 2025, with a vision to 2030 (Resolution No. 09-NQ/TU); Party committees, authorities, units and localities have regularly disseminated and thoroughly grasped Resolution No. 09-NQ/TU to cadres, party members, civil servants, union members, association members, businesses and people of all walks of life; thereby, raising awareness of the position, role and importance of the industrial sector in the socio -economic development of the province.

Hoa Thang Wind Power Plant, Bac Binh District. Photo: Dinh Hoa

It can be affirmed that after 2 years of implementing Resolution No. 09-NQ/TU, Binh Thuan industry has really improved significantly. The province's industrial parks have attracted 11 secondary investment projects (10 domestic investment projects with registered capital of 1,614 billion VND and 1 FDI project with investment capital of 3.6 million USD), and up to now, they have attracted 88 secondary investment projects (62 domestic investment projects and 26 foreign projects with total registered investment capital of 16,910 billion VND and 230.46 million USD). The internal structure of the industrial sector has shifted in the right direction. Solutions have been synchronously implemented to exploit and promote the advantages of the province's renewable energy industry, especially wind power and solar power. Power plants in operation contribute to ensuring electricity supply for the key economic region in the South, national energy security and creating a stable source of budget revenue for the province. Many important traffic works have been invested, completed, put into use, promoted effectively, creating momentum for industrial development in the province. The whole province currently has 6 industrial parks with basically completed infrastructure investment and 27 industrial clusters have been and are being invested, attracting many secondary investment projects, creating stable jobs for workers. The proportion of the industrial sector in the GRDP structure of the province increases annually and makes an important contribution to the socio-economic development of the province.

In addition to the achieved results, it is also necessary to recognize the fact that the growth rate of the industrial sector is still low compared to the target set out in Resolution No. 09-NQ/TU, and the growth quality is not high. The processing industry of agricultural, forestry, aquatic and seafood products is small and underdeveloped; attracting investors with potential, experience, large production scale, high-tech investment projects associated with technology transfer requirements, and production linkages according to value chains is still weak. The progress of infrastructure investment in industrial zones and clusters is still slow; the occupancy rate of industrial zones and clusters is still low. The province's investment resources are still limited, and the infrastructure is not synchronous. The investment and business environment has not improved much. Administrative reform has changed slowly, especially coordination in handling records and administrative procedures for investors is still limited. The above-mentioned shortcomings and limitations have many causes, but mainly due to the impact of the Covid-19 pandemic, the global economic downturn, disruptions in the global supply chain and climate change, which have affected the implementation of the goals and tasks of industrial development. Not counting the 3 projects that have been approved for investment: Son My LNG Port Warehouse, registered capital of VND 31,434 billion; Son My I Thermal Power Plant project, registered capital of VND 47,464 billion; Son My II Thermal Power Plant project, registered capital of VND 49,509 billion. The GRDP growth rate of the industrial sector in the period of 2022 - 2023 reached 5.75%/year (Resolution No. 09-NQ/TU set an increase of 11.5 - 2.5%/year for the period of 2021 - 2025). Some Party committees and authorities at all levels have not paid due attention to leadership and direction; Coordination between a number of departments, branches and localities in advising on the implementation of industrial development solutions is not synchronous and not tight. Progress in establishing and adjusting land use planning, zoning planning and detailed planning is still slow. Inadequacies in mechanisms and policies related to industrial development are slowly resolved; difficulties in determining specific land prices, compensation and resettlement have not been resolved promptly.

Ready-made garments - one of the main industrial products with a fairly good growth rate compared to the same period. Photo: Dinh Hoa

From the results achieved and the existing limitations drawn after 2 years of implementing Resolution No. 09-NQ/TU, the Provincial Party Committee has proposed key tasks and solutions to focus on implementing in the coming time, which is to focus on leading industrial development according to the Provincial Planning for the period 2021 - 2030, with a vision to 2050. Strengthening the mobilization of State and business resources to accelerate investment in transport infrastructure and industrial parks and clusters, ensuring synchronization, interconnectivity, and linking with socio-economic development infrastructure; implementing well the motto "using public investment to promote and lead private investment". Early implementation of the formation of Ham Tan - La Gi Industrial - Service - Urban Area and Tan Duc Industrial Park. Striving to form a modern, high-tech industrial park by 2030. Improve the investment environment, invite and attract strategic investors with financial potential, modern science and technology to lead and promote the province's industrial development. Promote trade promotion, diversify export markets, create favorable conditions to support enterprises to participate deeply in the value chain of production, processing and consumption of industrial products. Encourage enterprises to increase digital transformation, research and apply new technologies in industrial production, increase labor productivity. Rapidly develop e-commerce. Effectively implement human resource development solutions. Support and create favorable conditions for enterprises to participate in research, training and development of high-quality human resources associated with production and business activities and labor market needs. Encourage organizations and individuals to participate in investment to meet the housing needs of workers and laborers in industrial parks and clusters. Promote administrative procedure reform, improve the investment environment for industrial development, focus on improving PCI, PAR Index, SIPAS, PAPI. Strengthen environmental protection, strictly handle pollution cases; fully and correctly implement regulations on environmental impact assessment; prioritize the selection of projects applying high technology, clean technology, and environmental friendliness. Resolutely revoke projects that have been approved for investment but are not implemented, are slow to implement, or are not implemented for the right purposes and objectives of the project, causing waste of land resources. Continue to maintain dialogue channels between the government and enterprises to promptly remove difficulties and obstacles in the process of investment, production and business development. Proactively grasp the situation, focus on preventing and effectively combating all types of crimes and social evils in industrial parks, clusters and areas with a large number of workers; timely prevent, maintain security and order and handle arising situations well, avoid being passive or surprised...

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