Provincial leaders meet with businesses and entrepreneurs in 2026

In the attendance were members of the Provincial Party Committee’s Standing Board, leaders of the Provincial People's Council and the Provincial People's Committee, the Vietnam Fatherland Front Committee of the province; leaders of provincial departments and agencies; leaders of the Vietnam Foreign Trade Joint Stock Commercial Bank, the Vietnam Chamber of Commerce and Industry; representatives of central agencies located in the province, the Provincial Business Association; and representatives of outstanding businesses and entrepreneurs in the province.

Provincial leaders and delegates attend the conference

In his opening remarks, Provincial Party Secretary Nguyen Huu Nghia emphasized that 2025 presented a lot of challenges, but under the leadership of the Central Government and the proactive and flexible management of Party committees and authorities at all levels, Hung Yen province has strived to overcome difficulties, achieving important results and comprehensively fulfilling the goals and tasks of socio-economic development; most indicators have met and exceeded the plan, and budget revenue has reached a record high. The province has effectively implemented three key tasks simultaneously: socio-economic development; the merger of Hung Yen and Thai Binh provinces, reorganizing the administrative apparatus according to the two-tier local government model; and organizing the Party congresses at all levels for the 2025-2030 term. The achievements have been significantly contributed to by the business community, entrepreneurs, and investors. The Provincial Party Secretary acknowledged the proactive spirit and efforts of businesses in overcoming difficulties to maintain and expand production and business; more and more businesses and investors are choosing Hung Yen as a destination for large-scale projects, demonstrating their confidence in the province's investment and business environment.

Provincial Party Secretary Nguyen Huu Nghia delivers the opening remarks at the conference.

The Provincial Party Secretary affirmed that the conference was an opportunity for provincial leaders to inform about outstanding achievements, goals, vision, and development orientations in the coming period; at the same time, to listen to, exchange ideas with, and promptly resolve difficulties, obstacles, and suggestions from businesses and investors. Regarding long-term orientations, the province aims to build a dynamic, rapidly developing, and sustainable economy by 2030; become a modern industrial province by 2035; and, by 2045, become a smart, ecological city directly under the Central Government. The province has always identified its people and businesses as the central focus, the driving force for development, and the source of innovation. The provincial government will continue to significantly improve the investment and business environment towards openness, transparency, and stability; always serving and accompanying businesses, building strategic partnerships for the common prosperity of Hung Yen province in the new phase.

At the conference, delegates watched a video introducing the results of socio-economic development, potential, and investment opportunities. Accordingly, by 2025, the province's GRDP is projected to increase by 8.78%, ranking the 5th out of 6 provinces and cities in the Red River Delta region and the 11th out of 34 provinces and cities nationwide; per capita income is expected to reach nearly 99 million VND. Budget revenue reached over 101 trillion VND, seeing an increase of 91.26% compared to 2024. The province attracted 363 new investment projects and 270 projects with increased capital, with a total registered and increased capital of approximately 207 trillion VND and over 2.38 billion USD. Cumulatively, the province has nearly 3,100 domestic projects with a total capital of approximately 780 trillion VND and 941 FDI projects with a total capital of nearly 17.26 billion USD.

Contributing to these results, the business sector currently accounts for about 55% of GRDP, contributes 45% of domestic budget revenue, and creates jobs for over 700,000 workers. Besides developing production and business, enterprises also actively participate in social welfare work, demonstrating responsibility to the community.

At the conference, delegates heard a report from the leaders of the Department of Finance on the results of resolving issues raised by businesses. Representatives of the business community and leaders of the Provincial Business Association raised several current difficulties and obstacles faced by businesses; they also proposed several recommendations related to administrative procedure reform, production land allocation, access to capital, logistics costs, and the development of high-quality human resources; they requested the removal of difficulties regarding land lease terms in some industrial parks; and proposed the implementation of the DDCI index to improve governance quality and the investment and business environment.

The leader of the Department of Finance reports on the resolution of the businesses' proposals and recommendations.

The leader of the Provincial Business Association speaks at the conference.

Within the framework of the conference, provincial leaders and delegates witnessed the signing of a memorandum of cooperation for research and implementation of projects in the Thai Binh Economic Zone between the Provincial People's Committee and Lotus Vietnam Hospitality Co., Ltd. (the United Kingdom of Great Britain and Northern Ireland) with a total investment of approximately 5 billion USD; and acknowledged the commitment to project implementation by businesses that have received approval policy and investment certificates for projects in the province.

Provincial leaders and delegates witness the signing of a memorandum of cooperation for research and implementation of projects in the Thai Binh Economic Zone between the Provincial People's Committee and Lotus Vietnam Hospitality Co., Ltd. (the United Kingdom of Great Britain and Northern Ireland).

Provincial leaders witness the signing of commitments to project implementation by businesses that have received approval policy and investment certificates for projects in the province.

Speaking at the conference, Mr. Pham Quang Ngoc, Deputy Secretary of the Provincial Party Committee and Chairman of the Provincial People's Committee, expressed his sincere gratitude for the support of ministries and central agencies, organizations such as the Vietnam Chamber of Commerce and Industry (VCCI), and the contributions of the business community, entrepreneurs, and the Provincial Business Association to the province's development. He affirmed that the achievements of Hung Yen province are proof of investors' confidence in the province's business environment and as an important driving force for growth in 2026 and the following years.

Mr. Pham Quang Ngoc, Deputy Secretary of the Provincial Party Committee and Chairman of the Provincial People's Committee, speaks at the conference.

Mr. Pham Quang Ngoc emphasized: Hung Yen province always identifies businesses as the center and driving force of socio-economic development. The province is committed to accompanying and promptly resolving difficulties and obstacles in the production and business activities of enterprises, considering the success of enterprises as that of the province; a strong enterprise means a strong province.

To achieve the goals set forth in the Resolution of the Provincial Party Congress for the 2025-2030 term, in addition to the efforts and determination of the entire political system, the pioneering and leading role of the business community and entrepreneurs in Hung Yen province in socio-economic development is crucial. The Deputy Secretary of the Provincial Party Committee and Chairman of the Provincial People's Committee hopes and requests that the business community and entrepreneurs continue to thoroughly understand and effectively implement the State's and the province's policies and laws on private economic development and support for businesses and entrepreneurs in accordance with Resolution No. 68…; uphold the spirit of self-reliance and self-improvement, promote the tradition of solidarity, mutual assistance, and win-win cooperation; continue to boost innovation, research and development of technology, accelerate digital transformation, and improve the capacity and level of business management and administration to increase labor productivity and investment efficiency. To enhance competitiveness and contribute increasingly to the strong development of businesses, Hung Yen province, and the nation; strengthen linkages and participate more deeply in global value chains; develop supporting industries, logistics, and high value-added services; build, consolidate, and develop the brand of Hung Yen businesses' products in domestic and international markets; proactively propose and participate with the government in building and perfecting policies and mechanisms to support and encourage production and business development. The Provincial Business Association will continue to play its role as a representative to protect the rights and interests of businesses and entrepreneurs; proactively organize activities to beef up cooperation, share experiences, support trade promotion, product consumption, and human resource training; and build a united, creative, and sustainable business community in the province. Simultaneously, together with the business community and entrepreneurs in the area, to actively participate in patriotic emulation movements, promote social responsibility, and care for the lives of workers.

The Party Committee and the government of Hung Yen province are committed to continuing to accompany businesses with the spirit of "government serving the people," promoting administrative reform, improving the investment and business environment, promptly resolving difficulties, and creating the most favorable conditions for investment, production, and business activities to ensure peace of mind, prosperous, sustainable, and long-term development in the province. The Department of Finance will take the lead and coordinate with other departments, sectors, and localities to enhance responsibility, avoid shirking work, proactively receive and handle business requests; build a service-oriented government, create and effectively implement solutions to improve the business environment, and enhance the provincial competitiveness index (PCI); continue to advise the Provincial People's Committee on thematic dialogues with businesses regarding current difficulties and obstacles…

On this occasion, the provincial leaders presented the Pho Hien Cup, the Certificates of Merit, and the Commemorative Medals from the Provincial People's Committee to businesses and entrepreneurs who have made positive and exemplary contributions to production and business activities and have accompanied the province in socio-economic development.

Comrade Tran Quoc Toan, Permanent Deputy Secretary of the Provincial Party Committee and Chairman of the Vietnam Fatherland Front Committee of the province, and Comrade Pham Quang Ngoc, Deputy Secretary of the Provincial Party Committee and Chairman of the Provincial People's Committee, present the Pho Hien Cup to businesses and entrepreneurs who have made significant and exemplary contributions to production and business activities and have accompanied the province in socio-economic development.

The provincial leaders present the Certificates of Merit from the Chairman of the Provincial People's Committee to businesses and entrepreneurs with outstanding achievements.

The provincial leaders present the Commemorative Medals from the Provincial People's Committee to businesses and entrepreneurs with outstanding achievements.