Thanh Hoa implements policies that promote business growth effectively.

DNHN - Thanh Hoa has effectively implemented a number of pro-business policies in order to foster a conducive business and investment climate to promote business growth, thereby contributing to the creation of a significant engine for socioeconomic develop

According to the just-released results of the assessment of the PCI Provincial Competitiveness Index in 2022, Thanh Hoa province ranked second among 63 provinces and cities in terms of business support policy components. This result validates the province's significant efforts in fostering a business- and investment-friendly environment to foster enterprise growth.

The province of Thanh Hoa is implementing training programmes, fostering entrepreneurs, and starting businesses for local individuals and businesses, all of which are highly valued by the local business community. This is one of the province's policies to support business development. province table. For tens of thousands of students in 2022, the province of Thanh Hoa organised over a hundred training programmes to foster entrepreneurship and business creation. In 2023, the province will continue to spend more than 5.6 billion VND, organise more than 150 training sessions, and assist businesses in cultivating and updating useful and practical business administration and business development knowledge.

Similarly, Thanh Hoa has issued policies to support the development of businesses in the province between 2022 and 2026. The province spends tens of billions of dong annually to implement business development assistance programmes, plans, and policies. Prominent as enterprise training support policies; supporting digital transformation and constructing digital technology enterprises; assisting enterprises to expand consumption markets and access new export markets... In addition, Thanh Hoa province strives to improve the legal framework for business investment, directing the continuation of functional sectors. Enhance administrative reform, enhance the environment for business investment, and effectively implement investment incentive mechanisms and enterprise-supporting policies.

The province of Thanh Hoa has also issued a specific plan to promote enterprise development in 2023, including the provision of in-depth consulting assistance to approximately ten export enterprises seeking access to new export markets. 10 companies are supported to expand the commodity consumption market; 15 small and medium-sized businesses are supported with digital transformation solutions in terms of business processes, administration processes, production processes, technological processes, and business model transformation; and 25 micro, small, and medium-sized businesses are supported with the cost of renting and purchasing digital solutions to automate and improve the effectiveness of their operations. technology in enterprises and the transformation of business models; organised 77 refresher courses on business start-up for approximately 3,850 students; organised 77 training courses on corporate governance knowledge; printing and handing over the manual on the order and procedures for enterprise registration, the process of conducting business registration online, and a number of policies to support enterprises; supporting approximately 2,900 businesses using digital signatures; supporting connection, information sharing, promotion, and introduction of pro-business policies; and supporting connection, information sharing, promotion, and introduction of pro-business policies. This is also an incentive for businesses to continue to recover and develop, creating a favourable environment for Thanh Hoa to strive to achieve its goal of establishing at least 15,000 new businesses between 2020 and 2025.

The situation of enterprise development in Thanh Hoa is stable and consistently ranks at the top of the country and the region as a result of efforts to effectively implement policies to support business growth. In 2022, the province as a whole will have over 3,700 newly established businesses and nearly 1,300 businesses registered to resume operations. Particularly in the first five months of 2023, it is anticipated that there will be over one thousand new businesses, ranking eighth in the nation and first in the North Central region. This is also an incentive for businesses to continue to recover and develop, creating a favourable environment for Thanh Hoa to strive to achieve its goal of establishing at least 15,000 new businesses between 2020 and 2025.

Ngoc Lam