1. Overview of Tay Ninh economy

This provincial authority is focusing in developing industrial parks (IPs), the export processing zones (EPZs), the border-gate economic zones, which is supposed to give Tay Ninh province opportunities to soar up in terms of manufacturing development towards orientation of modernization and industrialization, efficiency and sustainability.

For economy achievement, proportion of growth rate have increased fast. The investment environment has got much more opened. In recent years, the picture of attracting investment into Industrial parks in Vietnam in general and Industrial parks in Tay Ninh Vietnam in particular has been prosperously increasing. Investment activities flowing to industrial zones, export processing zones, and economic zones in Tay Ninh shall be noted such as Phuoc Dong Industrial Park (largest industrial parks), Trang Bang IP, Linh Trung 3 IP, etc. have changed significantly when receiving many new projects in terms of increased capital and manufacturing expansion.

2. Industrial parks with infrastructure development

For industrial parks in operation, infrastructure have been basically completed in the area, which fully serves almost needs of secondary investors. For outside industrial parks, Tay Ninh is interested in investing in infrastructure including road routes connecting Ho Chi Minh, Binh Duong, Long An to local industrial zones, which is expected to create favorable conditions for the transportation of goods and material and to reduce costs for businesses.

For Moc Bai SSC, the Management Board urgently disburses the infrastructure investment package from ODA loan, improving the ability to meet technical infrastructure. At the same time, authorities shall advise and propose a target program on industrial area development and logistics services, creating a new driving force for the formation of a new Moc Bai New City.

In addition, the province is also interested in speeding up the implementation of the Ho Chi Minh City - Moc Bai Expressway Project, and soon complete the project to develop Moc Bai - Xa Mat Border Economic Area in order to create a positive changes in the development of local economy upcoming time.

2. Efforts of Tay Ninh authority to improve paperwork

The improvement of business environment and competitiveness continues to be one of the main tasks and solutions in the Socio-Economic Development Plan issued by the Provincial People's Committee in Decision No.01/QD-UBND January 2nd, 2018 in order to create the most favorable conditions for business investment, encourage technology innovation, improve enterprise competitiveness and improve the province's PCI.

Accordingly, in order to make it more convenient for organizations, individuals and businesses to settle administrative procedures (administrative procedures), Tay Ninh authority continues to simplify administrative procedures, shorten the time to process some related administrative procedures to investment sectors, which creates the best conditions for enterprises to implement projects in industrial parks and export processing zones.

In addition, Tay Ninh effort to actively monitor, capture the situation of production and business activities, the situation of implementing projects of enterprises; promptly remove drawbacks; providing the best public services; support and create all favorable conditions for businesses to operate effectively. All these efforts are aimed at building trust and satisfaction in businesses and investors, actively contributing to improving the investment environment of the province.