Research on competitiveness of Nghi Son Economic Zone in Thanh Hoa and some raised issues

Abstract

Competitiveness plays an important role in the efficiency and productivity of the Economic zone. The research analyzed the current state of competitiveness of Nghi Son economic zone, Thanh Hoa province, by means of analysis, synthesis, statistics and comparison based on the data source of Nghi Son economic zone management board. After screening and processing, the following results are obtained: (i) Competition at the enterprise level: foreign-invested enterprises act in a small number of projects but account for 73.68 of total investment capital. The number of assembly, processing and processing projects in the economic zone accounts for a large proportion, of which petrochemical and chemical industry projects take two-thirds of the registered capital, lack of the presence of other industries; (ii) Competition at the local level: Infrastructure investment projects are mobilized from central capital and socialized to build relatively synchronous and complete hard and soft infrastructure; living environment and investment support services to meet practical needs. (iii); Availability factors in the economic zone: the favorable geographical location and abundant natural resources are the factors that create the competitiveness of the economic zone. However, the problem of Nghi Son Economic Zone is that there are still some limitations that need to be overcome to improve competitiveness in the coming time.