According to the provincial Department of Planning and Investment, as of May this year, the province had 3,172 businesses registered for operation. — File Photo

HA NAM (Biz Hub) — Local authorities from the northern province of Ha Nam will create every possible condition to help business players stabilise and develop their performance.

Chairman of the provincial People's Committee Mai Tien Dung made the promise at a meeting with entrepreneurs on Monday to discuss ways of removing business difficulties.

Dung was informed that the major obstacles include poor information technology infrastructure, which has slowed down cargo shipments; unclear payment procedures; imperfect traffic system; and poor waste treatment facilities in some industrial parks.

Additionally, it is difficult for businesses, especially small and medium, to obtain access to bank loans, which minimise opportunities to expand their market.

According to the provincial Department of Planning and Investment, as of May this year, the province had 3,172 businesses registered for operation. They have contributed over VND700 billion (US$43.7 million) for the State budget, up 25 per cent year-on-year. — VNS