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Saturday, May 25, 2024

Hanoi boosts business growth, addresses investment challenges

The Saigon Times

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HCMC – Hanoi City has reiterated its commitment to streamlining administrative procedures and fostering a conducive environment for investment, as emphasized during a conference held today, April 5.

The conference served as a platform for direct dialogues between Hanoi’s leadership and businesses operating in its industrial parks, aiming to tackle challenges and spur business growth.

Tran Sy Thanh, chairman of the Hanoi People’s Committee, underscored the city’s steadfast support for businesses. He outlined a comprehensive strategy encompassing an effective governance approach, expedited land clearance for industrial projects, and initiatives to facilitate access to funding for businesses.

The strategy also prioritizes active assistance in expanding markets and ongoing efforts to streamline procedures.

Hanoi has placed a strong emphasis on industrial growth, with continuous infrastructure improvement and the establishment of new parks.

Specific endeavors include expediting investments in the 160-hectare Quang Minh 2 Industrial Park and the 302.8-hectare Soc Son Industrial Park.

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