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COVER STORY
The Korea International Cooperation Da Nang city, smart tourism associated
Agency (KOICA) is currently promot- with the establishment of a cultural tourism
ing cooperation in building an Integrated facility in the former imperial capital of
Disaster Management System in central Hue in the central region, and the develop-
ment of a smart city data platform in Tam
Ky city, central Quang Nam province.
It will also pay special attention to and
support W2E (Waste to Energy) in the smart
city development category. Vietnam is plan-
ning to implement the mandatory classifi-
cation of household waste from 2025. We
believe this is the right time to support W2E
to respond to climate change and make the
gradual transition to a circular economy.
We are also promoting a joint ODA
investment project with private companies
in northern Thai Nguyen province. In this
model, local authorities will issue the nec-
essary regulations for waste segregation,
collection, and transportation, supported MR. BUI VAN KHANG,
by ODA capital. For W2E, I think the pub- Deputy Chairman of the Quang Ninh
MR. CHO HAN DEOK, lic-private partnership (PPP) model con- Provincial People’s Committee
Country Director of the Korea International necting ODA and private investment will
Cooperation Agency (KOICA)
bring good results. %
For the past four years, from 2017 to
2020, northern Quang Ninh province
has always held the top position in the
After the government decided to of economic development resources into Provincial Competitiveness Index (PCI) and
change direction to respond flexibly its planning, from natural resources to the Public Administration Reform Index
to the Covid-19 pandemic, north-central human resources and infrastructure. (PAR Index). This affirms the effectiveness
Nghe An province pioneered this policy. Provincial planning is currently being con- and efficiency of local authorities, who
We urgently restored economic develop- ducted and integrated. It is expected that accompany the development of enterprises.
ment with policies to support the business planning will be submitted to the Prime Quang Ninh is currently focusing on
community in the province and promoted Minister for approval in August. This is developing its service industry and tourism.
investment attraction with FDI projects. the basis for the province to develop its We have asked the Korean Chamber of
Of course, the goal of economic recovery economy to 2030, with a vision to 2050. Business in Vietnam (KORCHAM) and
is to be fast, but it must also ensure the Nghe An prioritizes attracting FDI in the Korea Chamber of Commerce and
green development strategy that the gov- the fields of electronics, information tech- Industry (KCCI) to support links with
ernment has set out as well as the resolution nology, digital technology, production, and businesses and investors from South Korea,
from the Provincial Party Committee. manufacturing. It will also exploit its especially large corporations such as Sam-
The province has ensured the integration strengths in agriculture and medicinal sung, Hyundai Motor, Hyundai Heavy
plants and associated products. Industries, Posco, Kia Motor, LG, Shinhan
We will also focus on exploiting our Financial Group, CJ, Hanwha Group, and
strength in human resources. We are devel- YUSEN Logistics, to accompany Quang
oping a strategy for training and retraining Ninh to research and invest in areas where
human resources for businesses investing they have strengths.
in Nghe An and creating conditions for Quang Ninh holds outstanding com-
labor exports. petitive advantages and needs to develop
In an effort to improve administrative in the context of the Regional Comprehen-
procedures and the project appraisal sive Economic Partnership (RCEP) coming
process, Nghe An’s investment environ- into effect, with a focus on processing and
ment has been improved a great deal. manufacturing industries (electronic com-
The province has attracted foreign enter- ponents, TV screens, and electronic chip
prises such as Goertek and Ju Teng Inter- production); clean energy, renewable energy,
national Holdings as well as industrial gas power, and wind power; digital gov-
park infrastructure investors such as VSIP ernment, digital economy, and digital society;
from Singapore and WSA from Thailand, developing seaport and logistics infrastruc-
creating relatively consistent infrastructure ture; and banking and finance.
for secondary investors. With the greatest political determination
Resources will also be focused on and the strongest commitment from the
improving the transport network, in par- authorities and people of Quang Ninh
ticular the construction of the Cua Lo province, new opportunities will open up
Deep-water Port, and we will call for invest- and a good future secured in terms of
MR. LE NGOC HOA, ment in Vinh International Airport to turn friendship, investment, and trade cooper-
Deputy Chairman of the Nghe An Provincial it into a passenger and cargo center twice ation between localities, businesses, and
People’s Committee investors. %
or 2.5 times the current scale. %
www.en.vneconomy.vn APRIL 2022 | VIETNAM ECONOMIC TIMES | 17