Chairman of the People’s Committee of Yen Bai province Tran Huy Tuan speaks at the Conference to meet businesses and investors in early 2023, on February 26.

Yen Bai has favorable natural and socio-economic conditions, is an attractive destination for investment and business of large enterprises and investors…

From a mountainous province with many limitations in attracting investment, up to now, thanks to taking advantage of available resources and an active and proactive investment attraction policy, in the direction of “modern, environmentally friendly”, Yen Bai is making efforts to realize the goal of becoming a decent province in the Northern midland and mountainous region.

With a commitment to always accompany and share with businesses and investors, promptly remove difficulties, promote production and business for the common development of the province, for the legitimate and legitimate interests of enterprises. Yen Bai is a locality with favorable natural and socio-economic conditions, an attractive destination for investment and business of many large enterprises and investors.

Vingroup, Sungroup, APEC Group, BB Group, TH Group, Euro Window, Flamingo Holding Group, Bao Lai… have been implementing large-scale projects in various fields. potential and strength areas of the province. The projects that have been put into operation have made positive contributions to the economic growth and development of the province, contributing to job creation for local workers and will be the driving force for socio-economic development. province in the near future.

According to statistics, in 2022 and the first quarter of 2023, the province has nearly 400 newly established enterprises with a total registered capital of over 4,720 billion VND. The results show that the private sector has become the mainstay of the economy, contributing to the state budget on average, accounting for over 60% of the province’s total balanced revenue.

By the end of the first quarter of 2023, Yen Bai has issued investment policy decisions for 612 projects with a total registered capital of 89,824 billion VND and 402.1 million USD in various fields, including many projects in the The province’s advantageous fields are: mining and mineral processing industry, agriculture and forestry, tourism services…

The above result was achieved thanks to the direction, leadership and orientation when determining investment attraction as “the most important, regular and continuous task of the whole political system”.

To enhance the attraction of investment resources, Yen Bai province has made efforts to innovate, deploy flexible investment promotion activities, and promote the improvement of the business investment environment in the direction of openness, convenience and equality. equality and transparency, encouraging and creating favorable conditions for businesses and investors to survey and explore investment opportunities in the province.

The province is interested in investing in completing socio-economic infrastructure, improving the quality of planning work to ensure the right development orientation; continuing to promote administrative procedure reform in the spirit of the Government’s direction, especially always accompanying, supporting and removing difficulties and obstacles for businesses and investors in production and business as well as in business activities. the process of research, investment survey and project implementation through the activities of “Business Weekend” and the “Entrepreneur Coffee” program maintained regularly by provincial leaders at all levels and sectors. on a regular basis in the spirit of market demand, listening, grasping, and resolving promptly and effectively, creating a healthy business environment and equal development among businesses.

In addition, the province also proposes solutions to create breakthroughs in attracting investment in a modern and environmentally friendly direction, in which priority is given to attracting projects with high technology and economical use. , resource efficiency, high added value, is the strength of the province and focuses on strategic, capable and experienced investors in implementing large-scale and significant investment projects. directing, leading and persuading. Thereby, creating a driving force for fast and sustainable socio-economic development in the spirit of the Resolution of the 19th Provincial Party Congress set out, making Yen Bai a destination for many businesses and investors in the region. and abroad.

With determination and efforts to accompany and strengthen the connection between businesses and the government will be a lever for Yen Bai’s investment attraction; thereby, promising to open up new opportunities for cooperation and investment in the locality.