To implement the Directive No. 14/CT-TTg dated May 24, 2023 of the Prime Minister on a number of tasks and solutions to improve the efficiency of foreign investment in the new period

On 10/7/2023, the Provincial People's Committee issued the Official Letter No. 1816/UBND-NV on the implementation of the Directive No. 14/CT-TTg dated May 24, 2023 of the Prime Minister on a number of tasks and solutions to improve the efficiency of foreign investment in the new period.

Accordingly, the Provincial People's Committee requests departments, agencies, branches and the People's Committees of districts, town and city to thoroughly grasp and focus on performing the following tasks:

- Departments, agencies, branches, the People's Committees of districts, town and city:

+ To thoroughly and effectively implement the assigned tasks in the Resolution No. 58/NQ-CP dated April 27, 2020 of the Government on the Government's Action Program to implement the Resolution No. 50-NQ/ TW dated August 20, 2019 of the Politburo on the orientations to perfect institutions and policies, improve the quality and efficiency of foreign investment cooperation until 2030 and the Decision No. 308/QD-TTg dated March 28, 2023 by the Prime Minister approving the action plan to implement the Strategy for Foreign Investment Cooperation in the 2021-2030 period;

+ To actively grasp investors' problems and difficulties during project implementation; advise the Provincial People's Committee to immediately handle difficulties and problems of enterprises;

+ For important and pervasive projects, advise the Provincial People's Committee to coordinate with ministries and branches to proactively develop incentive and support plans to ensure compliance with current legal regulations;

+ To continue to improve the investment environment, actively develop and perform appropriate and effective investment promotion activities with the new situation;

+ To shape the industrial production space and fields related to the orientation of investors, strengthen the connection between domestic and foreign-invested enterprises;

+ To plan industrial production zones in the direction of sustainable development and environmental protection, associate industrial parks and industrial clusters with urban areas and social housing areas to ensure safe and healthy living environment conditions. To form deep industrial production areas and supporting industries, contributing to the development of economies of scale towards the sustainable modernization and industrialization;

+ To combine new digital technologies such as virtual reality technology, augmented virtual reality to build a digital map of industrial parks and industrial clusters associated with a description of the production status to support foreign investors to visualize the whole picture and identify suitable investment locations in the province.

- To prepare favorable conditions for investment attraction and production and business: The Department of Planning and Investment needs to promote the organization of elaboration and submission to competent authorities for appraisal and approval of the provincial planning for the period of 2021 - 2030 and a vision to 2050 in an integrated way to orient, arrange and organize spatially, create opportunities for rapid and sustainable development; assume the prime responsibility for, and coordinate with relevant departments and branches in, advising the Provincial People's Committee on solutions to attract investment and support businesses in accordance with the law and international commitments in the spirit of "harmonious interests,sharing risks", encourage existing investors as well as new investors, ensure equal treatment between businesses; through diplomatic and external channels, strengthen the promotion, publicity, and building image of Hung Yen's business investment environment in terms of sustainable development to contribute to the development and diversification of cooperation and investment opportunities with major partner countries; assume the prime responsibility for, and coordinate with relevant departments and branches in, formulating and promulgating criteria and conditions on investment rates per land area and criteria on the number of employees used in accordance with the provisions of the Investment Law and the Decree No. 31/2021/ND-CP dated March 26, 2021 of the Government detailing and guiding the implementation of a number of articles of the Law on Investment, serving as the basis for the issuance of the Investment Registration Certificate and monitor, check and supervise; review and advise the Provincial People's Committee to adjust the investment attraction list for the period of 2021-2025 in line with the province's socio-economic development strategy and plan. In addition, the Provincial People's Committee requires a number of other contents for the units to implement, including: Departments, agencies, branches; Department of Labor – War Invalids and Social Affairs; Department of Science and Technology; Department of Information and Communications, Provincial Department of Taxation; Department of Education and Training, Hung Yen Provincial Public Security and Department of Construction, Department of Health.

- To improve the effectiveness and efficiency of state management in the field of foreign investment:

+ Departments, agencies and branches of the province: to review problems in the process of implementing regulations of the law on investment in order to summarize and promptly guide handling or submit to competent authorities for promulgation of regulations on settlement of problems. To propose competent authorities to radically reduce or abolish cumbersome administrative procedures, causing difficulties for investors and people; review and synchronize regulations on law-making related to business investment to avoid overlapping, causing difficulties for investors' investment and business activities; strengthen propaganda, law dissemination, policy propaganda, and thorough guidance so that state agencies and investors understand and properly apply the provisions of the law; carry out, inspect and supervise the performance of official duties. To strictly handle acts of harassment, causing difficulties, troubles and negative effects to investors; coordinate in appraising and carefully assessing technology, standards, technical regulations, product quality, environment, investment rate... for foreign-invested projects in fields where investors have signs of taking advantage of origin in Vietnam to evade trade remedies and tax evasion; advise the Provincial People's Committee to organize at least 02 dialogues with the business community every year, especially FDI enterprises in the province to promptly grasp the difficulties and problems of enterprises and immediately handle problems within its competence; formulate investment and development plans and organize the construction of a system of technical and social infrastructure outside the fence of the industrial park.

+ Department of Planning and Investment; the Management Board of the Industrial Parks of the province: Perform operations related to receiving dossiers; issue, adjust and revoke the Investment Registration Certificate; monitor, supervise and evaluate the implementation of investment projects; implement the investment reporting regime on the National Investment Information System and guide investors and enterprises to carry out investment procedures and reporting regimes on the System; carry out the consideration and grant of Investment Registration Certificate and Notice of capital contribution and share purchase in accordance with the list of industries and trades with restricted market access for foreign investors; fully and seriously implement the provisions of the law on investment, enterprises, land, housing, construction, tax,... in the process of appraising and managing foreign-invested projects, avoid arising domestic and international lawsuits and disputes; coordinate with relevant departments, agencies and branches: Organize the appraisal and careful assessment of technology, standards, technical regulations, product quality, environment, investment rate,... for foreign-invested projects in fields where investors show signs of taking advantage of Vietnamese origin to evade trade remedies and tax evasion; organize the appraisal and fully implement regulations on reviewing elements of national defense and security assurance for foreign-invested projects implemented in areas affecting national defense and security; review and amend internal processes and procedures related to appraisal and approval of investment policies, ensuring compliance with the provisions of the law on investment and related laws, but without inconvenience or increase in costs of investors; synthesize difficulties and problems of foreign-invested projects in the area, from which to propose solutions to remove difficulties according to their competence that must be handled immediately, as well as propose amendments to laws and policies to create an open and favorable business and investment environment in accordance with international standards.

- To improve the efficiency of investment promotion and attraction activities: Organize promotion according to the national list of projects calling for foreign investment in the period of 2021-2025 promulgated by the Prime Minister under the Decision No. 1832 /QD-TTg; develop, adjust and promptly announce the list of projects attracting investment in each period; actively seek, select, approach, exchange and promote opportunities, mobilize international corporations and investors to attract investment in the province; on the basis of lessons learned from countries around the world on the development of investment incentives and support packages (cash grant, labor training, infrastructure development support, response measures to the global minimum tax...), departments, agencies and sectors actively research and propose competent authorities to consider and supplement laws and policies to be more competitive in order to attract more large investment projects that are dynamic, spread in the new investment wave; strengthen grasping international investment trends, investment shifting trends, supply chains; impacts on Vietnam to propose solutions to remove arising difficulties and obstacles; at the same time, advise on policies in line with initiatives and legal frameworks to attract high-quality foreign-invested capital in the new situation, especially in key areas with potentials for digital technology development, semiconductor, IC, electronic hardware assembly and production, software production; develop a set of investment advertising and promotion materials according to localities and areas of management, step up training in specialized knowledge and skills on investment cooperation in order to innovate, perfect and improve efficiency in investment promotion.