Wednesday,  May 23, 2018,00:39 (GMT+7) 0 0
Mekong Delta urged to improve HR quality to lure more investors
Trung Chanh
Monday,  May 7, 2018,22:56 (GMT+7)

Mekong Delta urged to improve HR quality to lure more investors

Trung Chanh

Delegates at the seminar “Analysis of the 2017 PCI of the Mekong Delta and lessons for management and reform” in Can Tho City on May 4 - PHOTO: TRUNG CHANH

CAN THO – The Mekong Delta should improve the quality of human resources (HR) to attract more investment as some provinces in the region have higher provincial competitiveness indexes (PCI) than others in the country.

Speaking at a seminar “Analysis of the 2017 PCI of the Mekong Delta and lessons for management and reform” in Can Tho City on May 4, Dau Anh Tuan, head of the legal department at the Vietnam Chamber of Commerce and Industry (VCCI), said the PCIs of the delta’s 13 provinces annually increased from 2014 to 2017.

The delta has more strengths than other regions such as the Red River Delta, central coast, southeast, northern upland and Central Highlands regions. Particularly, the Mekong Delta has low market entry costs for startups, simplified administrative procedures, low informal costs, easy access to land and proactive governments.

However, the delta has lower indicators for labor training and business support services which are important factors for enterprises to grow, especially small and micro ones, said Tuan.

Good labor training programs will support enterprises in attracting more investment as investors pay the most attention to manpower quality, especially those injecting capital into high-quality investment projects, Tuan added.

Therefore, Tuan advised the Mekong Delta to invest more in human resource development to meet the labor demand of enterprises, saying the delta should embrace advanced technologies to avoid wastefulness in training workers.

The region should favor private enterprises involved in labor training and upgrade existing training establishments.

As for business support services, Tuan said training, business connectivity, technology and policy consultation and fair/exhibition services are essential for business development. Those services in the Mekong Delta, even Can Tho City, remain underdeveloped.

It is a must to assess the demand of enterprises, especially those specializing in agriculture and tourism, to develop business support services. In addition, provinces in the region should coordinate to do the job.

Tuan proposed the State management agencies get involved in developing human resources and business support services in the delta to enhance the growth of private firms.

VCCI chairman Vu Tien Loc told the seminar that localities could continue improve their business environment.

On the sidelines of the seminar, Loc told local media that localities in the Mekong Delta should learn from others with high PCIs or good experience in business environment improvement.

Learning from role models of reform is important to improve the business environment. Loc took Quang Ninh Province for example, saying this is an effective model based on the province’s PCI and department and district competitiveness index (DDCI).

Loc also suggested setting up centers in charge of investment procedures or public administration centers.

It is also necessary to establish provincial business associations to gather enterprises and build links with State management agencies, Loc said.

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