The southern province of Binh Duong has carried out solutions to support local small and medium-sized enterprises (SMEs) as part of efforts to realise Prime Minister Nguyen Xuan Phuc’s directive on assisting SMEs.
Binh Duong (VNA) – The southernprovince of Binh Duong has carried out solutions to support local small andmedium-sized enterprises (SMEs) as part of efforts to realise Prime Minister NguyenXuan Phuc’s directive on assisting SMEs.
According to Chairman of the provincialPeople’s Committee Tran Thanh Liem, the province has work with the administrationsof districts, towns and cities to give land for the development of industrial clustersand agricultural product processing zones for SMEs.
The province will consider reducing site rentfor SMEs in industrial parks and clusters in the locality, he said.
Liem added that the province has worked toenhance the capacity and effectiveness of contact points for assisting SMEs,while encouraging and helping business households turn themselves intocompanies.
Binh Duong has also run support programmes forSMEs to help them engage in distribution chains, he said.
In the future, the province will pay moreattention to improving the investment environment and competitiveness andprovide optimal conditions for local firms, especially SMEs and startupbusinesses, to develop.
It will mobilise resources to complete itssocio-economic infrastructure such as traffic, water supply and waste treatmentsystems, while expanding industrial parks and creating more clear sites for attractingmore investment, developing social housing for workers and stepping up humanresource training.
According to the provincial Department ofPlanning and Investment, as of June 30, the province drew 28.92 trillion VND (1.27billion USD) in domestic investment, up 12 percent over the same period lastyear, which poured into 2,762 new firms and 550 existing ones.
So far, the province has attracted 33,548domestic enterprises with total capital of 266.13 trillion VND (11.7 billion USD).-VNA
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Illustrative Image (Source: VNA) 
