Effectiveness of investment promotion
During a recent working trip with the Ninh Binh Provincial People's Committee, a representative of Cuc Phuong Tourism Services Joint Stock Company presented an investment proposal for 4 projects including: Cuc Phuong ForestJapan high-end resort complex and healthcare for the elderly in Dong Tam village (Cuc Phuong commune, Nho Quan district).
The project is expected to have a scale of 20 hectares with a total investment of up to 2,010 billion VND, serving about 2,610 people staying/day. The special feature of the project is the resort model and care for the elderly according to Japanese standards, a very new direction in Vietnam, but full of potential in the context of an aging population becoming a global trend. Not just a place to stay, the project also aims to build a "humane resort" with specialized medical services, rehabilitation, herbal gardens, classrooms, Vietnam-Japan cultural exchange area...
Comrade Dinh Thi Van, Secretary of the Party Committee of Cuc Phuong Commune, expressed her hope: “If this project is soon implemented, it will not only create jobs for the people but also help develop the economy of the mountainous area that is still facing difficulties like Cuc Phuong”. This is the result of Ninh Binh’s innovation in investment promotion in recent times.
Mr. Le Quoc Thinh, investor of Vedana Resort, said: Participating in the Ninh Binh Tourism Promotion Conference held in Tokyo in 2024, our company signed a cooperation agreement with OCS Joint Stock Company (Japan). The goal is to develop Vedana into an international high-class healthcare center, with a focus on services for the elderly in Japan and Vietnam, taking advantage of the climate, hot mineral water resources and the ecosystem of Cuc Phuong primeval forest. "We do not simply invest in a resort, but want to accompany the province in developing high-class healthcare services associated with preserving the ecology of Cuc Phuong forest. The provincial government has listened and created very specific conditions for us to realize the project, especially at the recent Investment Promotion Conference in Japan," Mr. Le Quoc Thinh emphasized.
In addition to tourism and services, Taiwanese investors are also finding new opportunities in Ninh Binh in the high-tech industry. Recently, at Van Phong Industrial Park (Nho Quan District), BEI KE YUAN Technology Co., Ltd. (BKY) coordinated with Thien Phu Co., Ltd. to hold a groundbreaking ceremony for a factory producing auto parts, electronic components, and semiconductor equipment with a total investment of up to VND 1,391 billion on an area of 15.6 hectares.
Speaking at the ceremony, Mr. Lieu Han Minh, Chairman of BKY Investment Company Limited, affirmed: “We chose Ninh Binh not only because of its favorable geographical location, but also because of its friendly, transparent and determined government in administrative reform. In particular, the presence of large automobile factories in the region creates very good conditions for developing the supply chain”. The factory is expected to come into operation from the first quarter of 2027, creating hundreds of high-quality jobs and making a large contribution to the local budget.
Creating an open investment environment
It is no coincidence that many foreign investors have come to Ninh Binh. In the first 4 months of 2025, the province has granted 14 new investment certificates and adjusted 48 projects, with a total registered capital of nearly 8,000 billion VND. Up to now, the whole province has attracted 103 FDI projects, with a total registered capital of over 1.8 billion USD, investment fields ranging from electronic component manufacturing, auto industry support to garment, leather shoes, etc.
With the consistent viewpoint of harmonious benefits, shared risks, and creating maximum conditions for investors to feel secure in long-term development, Ninh Binh province is also focusing on attracting investment in industries with high added value, clean technology, and less labor-intensive. To do this, the province continues to complete planning and create clean land funds in new industrial parks such as Phu Long Industrial Park (485 hectares) and Tam Diep II Industrial Park (386 hectares).
Mr. Bui Duy Quang, Head of the Provincial Industrial Park Management Board, said: “We clearly identify that in order to attract large investors with potential and advanced technology, it is important not only to have land funds or synchronous infrastructure, but also to create a truly transparent, open, cooperative and sharing investment environment.
In recent times, the Provincial Industrial Park Management Board has actively reformed administrative procedures, shortened the time for processing documents, and increased the application of digital technology in handling investment procedures, helping businesses save time and costs. At the same time, we always maintain the "one-stop-shop" mechanism in supporting investors, regularly dialogue, grasp difficulties to promptly resolve them right from the survey and planning stages to site clearance and infrastructure deployment, which is a concrete demonstration of that spirit of companionship.
At the same time, Ninh Binh is also a pioneer in implementing “Digital Government, Digital Economy, Digital Society”, strongly reforming administrative procedures, quickly clearing land, and building a transparent and open investment environment. This has been demonstrated through the simultaneous improvement of many important evaluation indicators, affirming the dynamism in management and efforts to improve the investment and business environment.
Specifically, Ninh Binh's Provincial Competitiveness Index (PCI) reached 69.00 points, ranking 17th out of 63 provinces and cities, up 2 places compared to last year. Component indices such as time costs (7.83 points) and informal costs (7.28 points) have all improved significantly. In the field of administrative reform, Ninh Binh rose to 6th place nationwide in the PAR INDEX ranking with 91.38%, among the group with the highest results nationwide.
At the same time, the People's Satisfaction Index (SIPAS) also increased sharply, reaching 85.34%, ranking 14/63 and up 14 places compared to 2023. The Department, Sector and Local Competitiveness Index (DDCI) of the province continues to affirm the effectiveness of management from the grassroots level: the Department of Planning and Investment and Ninh Binh city are both ranked "Very good". The survey response rate reached 87.2%, showing that businesses increasingly trust the government.
The above indicators reflect the continuous efforts of the Ninh Binh provincial government in improving the investment environment and enhancing the quality of services for people and businesses. The increase in the PCI, PAR INDEX and DDCI rankings along with the results of investment attraction are clear evidence of the dynamism and efficiency in the province's management.
Source: https://baoninhbinh.org.vn/ninh-binh-diem-den-moi-cua-dong-von-fdi-chat-luong-cao-658933.htm
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