Điện Biên pledges to create the most favorable conditions for investors

ĐBP - On the morning of March 28, the People’s Committee of Điện Biên province held the first meeting with businesses and investors in 2025.

The meeting was attended by Trần Quốc Cường, Member of the Central Party Committee, Secretary of the provincial Party Committee; Lê Thành Đô, Deputy Secretary of the provincial Party Committee, Chairman of the provincial People’s Committee; along with Deputy Chairmen of the People’s Committee Phạm Đức Toàn and Vừ A Bằng, and Director of the Department of Finance Nguyễn Phi Sông, who chaired the meeting.

Secretary of the provincial Party Committee Trần Quốc Cường delivers his directive at the meeting.

 

In his opening speech, Chairman Lê Thành Đô emphasized that 2025 is an especially important year, a year to accelerate and break through, to reach the target of implementing the 5-year socio-economic development plan (2021-2025), to conduct a revolution in streamlining the organizational apparatus, and to hold Party Congresses at all levels leading to the 14th National Party Congress.

To achieve the set results, he held that the private economic sector plays a crucial role, creating a breakthrough foundation; businesses and investors are the key forces to explore the market, optimize production and business efficiency, and mobilize the maximum social resources.

Chairman of the provincial People’s Committee Lê Thành Đô speaks at the meeting.

“We must candidly acknowledge that businesses and investors in the province are still facing many challenges to develop rapidly and sustainably in terms of quantity, scale, quality, and operational efficiency. This meeting aims to discuss, analyze, assess, and fully recognize the situation and responsibilities of the relevant agencies and units, in order to identify the tasks and solutions to effectively boost the implementation of investment projects, develop production and business, and promote the role of businesses, entrepreneurs, and investors in the province,” he affirmed.

In 2024, approximately 150 new businesses were established in the province with a registered capital of VND 876.27 billion (136% of the plan, an increase of 15 businesses compared to 2023). Currently, the province has 1,330 businesses with a total registered capital of VND 32,178 billion, 724 branches, representative offices, and registered business locations. The province continues to implement the plan for supporting small and medium enterprises, promoting private economic development, and restructuring state-owned enterprises for the 2022-2025 period.

Delegates attended the meeting.

The investment and business environment in Điện Biên is improving positively, with ongoing efforts to attract large domestic and international corporations to study and survey investment opportunities for major projects in the province, such as wind energy projects and urban infrastructure. Since 2024, the provincial departments, sectors, and authorities have received 21 proposals from the provincial Business Association, with written responses to each proposal.

At the meeting, representatives from the provincial Business Association, businesses, and investors discussed their expectations for Điện Biên to continue to create even stronger conditions for attracting investment. They expressed hopes for the swift completion of land lease procedures, issuance of land use certificates, and access to loans from state banks for the macadamia tree development project. Additionally, there were discussions on launching new projects, land use conversion, tax exemptions, and land clearance for the Hoa Ba Tuần Giáo supermarket project in the town of Tuần Giáo, as well as accelerating the construction and operation of the 220kV substation and 220kV power line from Điện Biên to Sơn La province.

A representative from Hoa Ba Trading and Education Service Company shared views at the meeting.

In his speech, Secretary of the provincial Party Committee Trần Quốc Cường urged local authorities, departments, agencies, and mass organizations to continue accompanying and supporting businesses and investors. He emphasized the need to actively address difficulties and obstacles, ensuring the most favorable conditions for businesses and investors to carry out their production, business, and investment activities in the province. He called for accelerating the compensation, support, and resettlement processes for projects to ensure the delivery of clean land to investors according to the schedule. The quality and progress of projects must be monitored closely.

For the provincial Business Association and businesses, he urged them to continue their sense of responsibility, mobilize resources, and fully implement their commitments to the province, relevant agencies, localities, and the people. Businesses should speed up their projects and put them into operation to fully utilize investment resources.

Mai Phương
Comment

You have 500/500 characters left

Please enter 5 or more characters!!!

Recent news

  • 'Vibrant patriotic emulation movements

    Vibrant patriotic emulation movements

    SOCIAL AFFAIRS -
    ĐBP - Amid the nationwide focus on the upcoming Party congresses at all levels and the 14th National Congress, the enthusiasm for patriotic emulation has spread throughout the province. In the border district of Nậm Pồ, Điện Biên province, all government agencies, units, and localities are filled with a spirited atmosphere of emulation, marked by action-oriented slogans, practical deeds, and the highest political determination.
  • 'Concerns about keeping children safe this summer

    Concerns about keeping children safe this summer

    SOCIAL AFFAIRS -
    ĐBP - As the summer season arrives, there has been a growing concern over the increasing number of accidents involving children, affecting their health and safety. It is crucial for all levels of government, organizations, and families to focus on accident prevention to ensure that children have a safe and productive summer break.
  • 'Điện Biên makes efforts in controlling low-quality goods

    Điện Biên makes efforts in controlling low-quality goods

    BUSINESS -
    ĐBP - In recent days, the issue of counterfeit goods, low-quality products, and food with unclear origins has gained significant attention, especially after a series of incidents involving the sale, transportation, and storage of such goods. In Điện Biên province, the provincial Department of Health conducted inspections and concluded that 8 facilities were in violation, forcing them to destroy more than 200kg of goods and food with unclear origins.
  • 'Challenges in identifying forest owners

    Challenges in identifying forest owners

    BUSINESS -
    ĐBP - The policy of paying for environmental services (PES) has brought significant benefits to forest owners, helping to motivate people to participate in forest protection efforts. However, the process of reviewing and determining forest areas, identifying forest owners, and creating payment maps remains a challenge, affecting the PES process.
  • 'Summer school: Who really wants it - parents or children?

    Summer school: Who really wants it - parents or children?

    SOCIAL AFFAIRS -
    ĐBP - For many past generations, summer used to be a cherished time, a season of flying kites, swimming in rivers, or simply sleeping in without worry. But in today’s fast-paced world, summer vacation for students seems to be shrinking, or vanishing altogether, thanks to a rising trend: summer tutoring.
  • 'Điện Biên consolidates Party organizations in enterprises

    Điện Biên consolidates Party organizations in enterprises

    NEWS - POLITICS -
    ĐBP - In order to enhance the Party’s leadership in all aspects of social life, the province has identified the development of Party organizations and members in private enterprises outside the state-owned sector as an important task. This has been implemented with a variety of coordinated solutions.
  • 'Welcoming heroic martyrs home

    Welcoming heroic martyrs home

    NEWS - POLITICS -
    ĐBP - In a solemn atmosphere, officers, soldiers, and people of all ethnic groups gathered to respectfully hold a memorial and burial ceremony for the remains of Vietnamese volunteer soldiers and experts who fell in Laos. The ceremony took place at the Tông Khao National Martyrs’ Cemetery.
  • 'Điện Biên promotes administrative reform to attract investment

    Điện Biên promotes administrative reform to attract investment

    BUSINESS -
    ĐBP - Administrative reform is a key factor in building a government that serves and creates a favorable business environment for people, businesses, and investment. In recent years, the Điện Biên provincial People’s Committee has implemented synchronized measures to effectively carry out administrative reform tasks, contributing to improving the effectiveness of attracting investment.
  • 'Tightening administrative discipline and civil service ethics

    Tightening administrative discipline and civil service ethics

    NEWS - POLITICS -
    ĐBP - Administrative discipline, civil service ethics, and public servant conduct are key elements in building a clean and efficient government. Recently, Mường Ảng district, Điện Biên province has implemented various measures to tighten discipline and improve the attitude, work practices, and professionalism of civil servants, which has contributed to enhancing the effectiveness of state management, improving service to the public, and driving local economic and social development.
  • 'Over 1,000 students participate in Children’s Olympic Day 2025

    Over 1,000 students participate in Children’s Olympic Day 2025

    CULTURE - TOURISM -
    ĐBP - On the afternoon of May 26, at the Victory Monument of Điện Biên Phủ, the Điện Biên provincial Department of Culture, Sports and Tourism, in collaboration with the Vietnam Olympic Committee, organized the Children’s Olympic Day 2025 program. The program was attended by Trần Văn Mạnh, General Secretary of the Vietnam Olympic Committee.
  • 'Shining with youthful spirit

    Shining with youthful spirit

    NEWS - POLITICS -
    ĐBP - On the solemn occasion of the 135th anniversary of the birth of President Hồ Chí Minh, youths of Điện Biên provincewere filled with joy as four exemplary individuals from the province were honored at the 8th National Congress of Outstanding Youths Following President Hồ Chí Minh’s teachings. These individuals are shining examples not only because of their outstanding achievements but also because of their pioneering spirit, enthusiasm, and silent dedication, ready to contribute their youthful energy to building the homeland and the country with their hearts and aspirations.
  • 'Điện Biên Phủ city embraces cultural identity to foster sustainable urban tourism

    Điện Biên Phủ city embraces cultural identity to foster sustainable urban tourism

    CULTURE - TOURISM -
    ĐBP - As a pivotal center for the economic, cultural, and social development of Điện Biên province, Điện Biên Phủ city is home to a rich trove of historical significance, traditional cultural heritage, and distinctive natural landscapes. These assets provide a strong foundation for the city to evolve into a regional hub for cultural, historical, and eco-tourism in Northwestern region of Vietnam. Amidst rapid urbanization, the city has chosen to preserve its unique identity as a path to sustainable tourism development.
  • 'Điện Biên: Driving license exam conducted seriously and transparently

    Điện Biên: Driving license exam conducted seriously and transparently

    SOCIAL AFFAIRS -
    ĐBP - Since the transfer of state management duties over driving license examinations and issuance to the Ministry of Public Security, on May 25, the Traffic Police Division of the Điện Biên provincial Police Department and related units organized the first examination for the A1 motorcycle driving license in the province. The exam was assessed to be conducted seriously, marking a clear shift in management, testing, and licensing at the local level.
  • 'Focusing on dissemination ahead of Party congresses at all levels

    Focusing on dissemination ahead of Party congresses at all levels

    NEWS - POLITICS -
    ĐBP - In preparation for the Party congresses at all levels for the 2025 - 2030 term, leading up to the 15th Điện Biên provincial Party Congress and the 14th National Party Congress, the Farmers’ Association of Điện Biên Phủ city has implemented a wide range of practical and comprehensive dissemination activities to raise awareness among all members. This aims to create unity in understanding and action, as well as foster a spirited emulation movement to welcome the congresses.