Mr. Nguyen Van Khanh visited Q& C co-operative in Dai Phac commune, Van Yen district.

These incentive policies includes incentive in price of land, land clearance, vocational training, commercial promotion support and tax remission. In addition, Yen Bai has cared about renovation of administrative procedure. It reflexes in reduce of time to finish administrative procedure from 15 days to 5 or 7 days. Time to provide permit of construction, land hiring, electronic service, environment impact assessment and other procedures is not over 7 days. There was project that got investment permit in only 48 hours.

Annually,  finance is prepared for supporting investors during project and after project. Forum “Enterprises connection” is hold to create chance for provincial authorities and investors to discuss directly in order to find sollutions for problems and difficulties. Yen Bai province also committed to request local authorities in totally supporting investors in land clearance so that investors can have land for implementation of project quickly.

Thanks for its efforts, in years, Yen Bai has attracted investors to come. Recently, there are 21 FDI enterprises available in province who are investing in mineral, processing, assembling and agriculture with total registered value of 204.8 millions USD. Especially, in the year 2015, with incentive policy of province, Nippon Zoki Company Vietnam (under Japan medicine Group Nippon Zoki) invested 1,700 billions dong in feeding and processing rabits in Thuong Bang La commune of Van Chan district with capacity of 25,000 rabits per day. Mr. Masato Fujimoto – General director of Vietnam Nippon Zoki company said: “I highly appriciate administrative procedure of province. It is so suprising that it takes only one month to issue permit of 30 hectas of land for project. For the preeminent condition of envionment, fast of administative procedure, good labour, we choose Yen Bai. I will introduce Yen Bai to other foreign investors”. 

However, there is a fact that number of projects that invest in agricultural sector is limited. Most of them are small scale so that it hasn’t satisfied the development demand in this sector. In addition, there are many difficulties that investors have to face, for instance, weather, dissease, labour, low benefit, long – term income sequencing in “discreet” investment.

In order to create convenient legal and good environment of investment to agricultural sector, especially to agricultural products in priority of province, at the 15^th conference of provincial People’s Council Term XVII, resolution about incentive policy in development of agriculture, services and industry for period 2016 – 2010 was agreed.  Projects on plantation and feeding will follow Decree number 210/2013/NĐ-CP. Therefore, each project on raising from 350 to 500 head of cattle will have finance support at 70% of total value of project but not over 2 billions dong.  Each project on vegetable plantation at scale of 3 hecta outside or 1 hecta inside net-house will be supported 70% of talal value of project but not over 500 millions dong.  Each project on building slaughter – house for scale from 200 to 400 head of cattle or from 1,000 to 2,000 head of poultry will be support 70% of total value but not over 2 billions dong.  For project on herbal medicine tree plantation with scale from 20 hectas, province will support 15 millions dong per each hecta. Policy in investment to rural area and agriculture, especially small and medium size enterprises is considered to be “key” of sustainable agricultural and rural development of province.