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President Nguyen Xuan Phuc at a meeting in Binh Dinh in February (Photo: Vietnam News Agency)

Accordingly, the above projects are all registered by domestic investors, of which 11 shall carry out in industrial clusters (Ics) (Tuong Son IC in Hoai Nhon town; Ray Ong Tho Industrial Park and Hoc Bom IC and Tay Xuan IC in Tay Son district; Go Bui IC and Go Cay IC in An Lao district; Tan Duc IC in An Nhon Town with total investment of VND 311.53 billion. Besides, there have been 5 projects of VND 1,116.28 billion in the Economic zone and industrial parks.

Most of the projects (14 projects) are in industries; one project in tourism and one in real estate.

Significantly, several project registered large capital such as: Thi Nai Lagoon Amusement Park Project of Phu Son Thuan Construction Investment Joint Stock Company, registered a capital budget of VND 795.67 billion; the outdoor furniture production from wood and plastic rattan of Tan Dai Hung General Limited Company registered an investment capital of VND 146 billion; the Urban area project to the south of the main road of Nhon Hoi economic zone, with capital budgeting of VND 147.52 billion.

In addition, 2 investment projects raised capital budgeting with a total increase of VND 1,560.84 billion.

In the first two months of the year, registration certificates were issued for 196 newly established enterprises with a total registered capital of VND 1,682 billion, up 46.3% in the number of new enterprises and 70.4% of investment capital. Changes were made for 240 enterprises, branches and representative offices; 18 cases of dissolution and termination of operation; 385 cases of suspended operation, and 243 cases of re-starting the operation.

In order to further boost investment promotion, Binh Dinh province is currently reviewing and adding new projects to the list of priority projects calling for investment in the province for the period 2021 - 2025. Also, plans are made to monitor, remove difficulties and create favorable conditions for businesses to operate to ensure production growth.

In the first two months of the year, registration certificates were issued to 196 newly established enterprises with a total registered capital of 1,682 billion VND, up 46.3% in the number of registered enterprises and 70 percent in the same period over the same period last year. 4% of registered capital. To register changes to 240 enterprises, branches and representative offices; dissolution and termination of operation 18 cases; suspended 385 cases, resumed 243 cases.

In addition, the province focuses on promoting the development of key commodities and groups of goods, which have advantages in terms of markets, source of material, etc. in order to generate jobs and enhance socio-economic development. Solutions to stimulate demand are implemented; the development of trade, services and tourism is promoted; a plan is developed to organize Binh Dinh tourism promotion and pilot programs are carried out to welcome international tourists to the province.

Compensation, site clearance and infrastructure construction of Nhon Hoi Economic zone and industrial parks and clusters are accelerated in the province to attract investment; creating favorable conditions for businesses to start projects, especially projects that have been granted approval of investment.

Attraction of investment projects in Nhon Hoi Economic Zone, industrial parks, industrial clusters and tourist areas is given priority. Projects that are slow to implement or fail to comply with the committed schedule are closely monitored or terminated when necessary.