The provincial government is fully committed to dismantling the barriers that have hindered the progress of the private sector. The Permanent Vice Chairman of the Provincial People's Committee, Dang Van Chinh, emphasized that the success of the business community reflects the region's progress. Therefore, the double-digit economic growth target set for 2026 will only be achieved if the government can provide concrete solutions to the obstacles faced by business players on the ground.
Current challenges should not be underestimated. Since the beginning of 2026, the local economy has been under pressure from geopolitical turmoil, rising logistics costs, and fluctuations in raw material prices, which have significantly impacted key sectors like fisheries and agriculture. The Chairman of the Provincial Business Association, Tran Van Duc, highlighted that limited transport infrastructure and slow administrative procedures are often the main obstacles, leading to the loss of valuable investment opportunities.
Despite facing severe challenges, data from the first six months of 2026 shows a fairly resilient economic vitality with GDP reaching 6.41%. A total of 1,600 new business entities were registered, indicating sustained market optimism. To achieve the 10% growth target by the end of the year, the local government is designing strategies to boost performance in the second half, including through easier land access for industrial players and accelerating the development of industrial zones.
In a progressive move, the local government is now implementing more responsive service policies. Every work unit is now required to provide a definitive response to business applications to avoid unnecessary delays. Furthermore, the government plans to issue official letters of apology if delays occur due to inter-agency coordination issues. This sends a strong signal of a bureaucratic shift from regulators to partners for business operators.
In addition to regulatory support, the government is also strengthening human resource capacity through regular management training, digital transformation, and financial governance. Supported by investment incentives of up to 30% for cluster infrastructure development, the province aims to create a more conducive business ecosystem. These strategic steps are expected to encourage businesses to expand production with greater confidence and make tangible contributions to sustainable local economic development.
