(VOVWORLD) - Quang Ninh has rolled out a number of special mechanisms and policies to boost trade and create drastic changes in investment attraction.
Industrial parks in Quang Ninh (Photo: Truong Giang/ VOV-Northeast region) |
The province has prioritized high-quality projects such as new-generation foreign direct investment (FDI), green finance, advanced technologies, and eco-industrial and smart industrial parks. The provincial People’s Committee has specified the list of investment programs for the 2025–2030 period, while formulating the 2025 investment promotion agenda to invite domestic and foreign investors.
Quang Ninh has focused on leveraging its advantages in border trade. A highlight is to pilot the “smart border gate” at Mong Cai-Dongxing (China). The province has also piloted the Mong Cai-Dongxing Cross-Border Industrial Cooperation Zone to attract investment, strengthen industrial cooperation, and connect production, processing, and consumption activities in the border area.
A modern automated production line at the TC Motor Viet Hung automobile plant (Photo: Truong Giang/ VOV-Northeast region) |
In order to support businesses, investment promotion programs are being implemented to assist investors in resolving legal and procedural obstacles, and connecting investors, investment funds, and local authorities. These measures are critical in reducing project implementation time and enhancing Quang Ninh’s attractiveness.
Quang Ninh’s policies over the past years have yielded visible results in attracting capital, expanding trade connectivity, and proposing new cooperation models. As of November 25, the province’s total FDI capital reached nearly 747 million USD.