enCity facilitates an open dialogue between local leaders and enterprises for a brigher future of Tay Ninh Province

enCity facilitates an open dialogue between local leaders and enterprises for a brigher future of Tay Ninh Province

In organising this pioneering business engagement conference, besides our goal of formulating a well-informed and beneficial development plan for the province and its communities, we also hope to establish an official communication channel to foster an open communication and supportive partnership between the local enterprises and authority for the flourishing future of Tay Ninh.
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In our mission to help advance socioeconomic development for the prosperity of Vietnam, particularly of Tay Ninh – a province in the Vietnam’s Southern Key Economic Zone, enCity and our partner Vietnam Initiative organised a conference in collaboration with the provincial Department of Planning and Investment and Tay Ninh Entreprise Association to discuss future development directions of the province ‘till 2030, with a vision to 2050.

In this event in December 2021, enCity Strategic Planning team successfully fostered an open and informative discussion between the provincial leaders and 50 prominent companies from diversified industries: hi-tech agriculture, food production, logistics, commerce and services, real estate development, and so on, who are doing business or looking to invest in Tay Ninh.

With the ideas and opinions collected, we strive to build a visionary strategy with actionable goals for a brighter future of Tay Ninh, which unlocks opportunities for businesses and communities, and enables all stakeholders to flexibly adapt to future changes. These are also the 03 key planning principles for the project, as Ms. Trang Vuong (Managing Director, enCity), emphasised in the conference.

Linh Trinh (Senior Associate in Planning + Policy, enCity) explained our survey methodology with the business leaders

Regarding the development vision, we envisaged that, by 2050, Tay Ninh would be known as: “Green Tay Ninh: A province with a strong economy based on hi-tech agriculture and industries; an international tourism destination and trading gateway; and a locality with a healthy living environment and a rich ecosystem”. This vision focuses on 04 key aspects: livable community, green environment, high-value production, and attractive destination. To achieve this vision, we believe that local businesses is a significant driving force of Tay Ninh development, provided that they are provided the favourable conditions by the authority.

In addition to the vision, which derived from our analysis of the province’s current socioeconomic development conditions and urban affairs, Ms. Linh Trinh (Senior Associate in Planning & Policy, enCity) also outlined the key opportunities and challenges presented to local businesses in the event of the 4.0 Industrial Revolution, Covid-19 pandemic, and partnership with China. First, Ms. Linh pointed out the need for the local economy to shift its substantial reliance on natural resources to technology to ensure long-term growth and avoid being left behind. The enterprises and provincial leaders need to adapt to new economic models, such as the circular economy and green economy, to meet the requirements of international markets, minimise labour intensiveness, and mitigate impacts to the environment. Second, since the Covid-19 pandemic has transformed the way people live, work and recreate, Tay Ninh has a major advantage, given its green and clean environment, to build high-quality and self-sustaining neighbourhoods, reinforced by strong cyber-infrastructure and diverse services to attract tech-related investors and labours to invest and settle in Tay Ninh.  And lastly, Tay Ninh needs to make essential preparations to upgrade its value chain in production and services, produce global standard products to serve more well-off customers in new markets, at the same time, reduces its substantial dependence on the Chinese market.

We collected ideas from 50 prominent companies doing business in Tay Ninh province

Based on the vision of Green Tay Ninh and the information on global context, enCity discussed with local enterprises to assess their readiness to embrace the changes and opportunities via adopting (1) automation and digitization, (2) circular economy and green economy model, (3) minimising dependence on the Chinese market, and (4) globalized business standards as some of the key actionable solutions we designed for Tay Ninh. Understanding the motivation and concerns of businesses helps us and the provincial leaders to craft suitable supporting programmes and policies to aid their growth, consequently local economy as a whole.

In organising this pioneering business engagement conference, besides our goal of formulating a well-informed and beneficial development plan for the province and its communities, we also hope to establish an official communication channel to foster an open communication and supportive partnership between the local enterprises and authority for the flourishing future of Tay Ninh.

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With the ideas and opinions collected, we strive to build a visionary strategy with actionable goals for a brighter future of Tay Ninh, which unlocks opportunities for businesses and communities, and enables all stakeholders to flexibly adapt to future changes.

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