A farmer tends chrysanthemum flowers in Ben Tre Province’s Cho Lach District. – VNA/VNS
HANOI: The southern province of Ben Tre eyes ambitious goals to develop its industrial sectors, increase investment, and improve the business environment.
It aims to establish 550 new enterprises this year with capital of 4.6 trillion dong or about US$183.3mil, said Nguyen Truc Son, chairman of the provincial People’s Committee.
The province also plans to attract US$400mil of foreign direct investments and eight trillion dong from domestic investment sources and request a US$22mil state disbursement.
Son said Ben Tre will actively call for more investment, especially in the under-construction Phu Thuan Industrial Zone in Bình Dai District, which has an area of 231.78ha, with a total investment of 3.58 trillion dong.
It has been under construction since August 2023 and is expected to begin operations this year.
Additionally, the province will support investors in implementing a 2024 memorandum of understanding intended to implement favourable policies to support the growth of the collective economy and cooperatives, assisting them in upgrading operations and increasing competitiveness and operational efficiency.
Ben Tre will also help businesses to enhance productivity and train high-quality employees.
Nguyen Van Be Sau, director of the provincial Trade Department, said the department would conduct more activities to promote its industrial sectors, increase trade, and help businesses analyse and forecast their markets.
It will utilise free-trade agreements between Vietnam and other countries to assist the growth of businesses, he added.
Ben Tre is leveraging national industrial promotion funds and other financial resources to support businesses in investing, expanding their production and operations, and scaling up effective production models from projects funded by promotion programmes.
The province will develop its leading businesses while also improving the value chains of leading products. It plans to transfer and adopt advanced technology to create more high value-added products and accelerate digital transformation.
It will also support businesses in registering for trademarks for speciality products, as well as those with high export potential. Science and technology businesses will also be further supported. — Viet Nam News/ANN
