Thua Thien-Hue targets higher economic growth in 2016
The central province of Thua Thien-Hue is aiming for a 9-percent growth in gross domestic product (GDP) and an average GDP per capita at 2,100 USD in 2016.
A corner of Hue city (Photo: VNA)The province has designated 2016 as the Year of Enterprises, hoping to see 650 new enterprises with total registered capital of 3 trillion VND (roughly 133 million USD) come into operation during the year.
Nguyen Van Cao, Chairman of the provincial People’s Committee, said in order to fulfill the targets, the province will prioritise the construction of the road linking Hue city and Thuan An town to tap the area’s potential and advantages for tourism, service and maritime economic development.
The locality will also boost industrial production by pouring investment in infrastructure in economic and industrial zones, transport system and seaports, he said.
The Chan May-Lang Co Economic Zone’s Management Board will be merged with the Management Board of Industrial Parks to raise their operation efficiency.
At the same time, Thua Thien-Hue will accelerate investment promotion via connections with major groups to join the global value chain, the official added.
To fully tap its strengths in tourism and services, Thua Thien-Hue will realise the project on establishing the provincial tourism department in the first quarter of this year, and revamp the management model of the Hue Relic Conservation Centre.
In 2016, the central province experts to welcome from 3.1-3.3 million tourists, of whom 1.3-1.5 million are foreigners.
The locality aims to earn up to 3.2-3.3 trillion VND (144-148 million USD) from the no-smoke industry, a year-on-year rise of 10-12 percent, raising the tourism-service sector’s contribution to the provincial GDP to about 55.3 percent.-VNA
You should also see
Book series about General Giap released in Vietnamese, foreign languages
A book series titled “Vo Nguyen Giap – The People's General” with a Vietnamese version and five bilingual versions made debut at an event held in the northwestern province of Dien Bien on April 17, on the occasion of the 70th anniversary of the Dien Bien Phu Victory.
See more
Business
Satisfaction of administrative services improves
Vietnamese citizens had greater satisfaction with the administrative services provided by State agencies last year, according to the Satisfaction Index of Public Administration Services (SIPAS) 2023 announced by the Ministry of Home Affairs (MoHA) on April 17.
Business
Petrol prices increase slightly on April 17
The retail prices of petrol were adjusted up from 3pm on April 17 by the Ministry of Industry and Trade and the Ministry of Finance.
Business
Central Highlands provinces seek closer trade, investment ties with India
A business and investment conference was held in Dak Lak province’s Buon Ma Thuot city on April 17 with the aim of enhancing connectivity between Indian firms and Central Highlands provinces.
Business
Foreign purchasers show interest in five product groups of Vietnam
Foreign hypermarkets, retail distributors and international buying group registering to join the Vietnam International Sourcing 2024 have shown interest in five groups of Vietnamese products, namely foodstuff, textiles and fashion accessories; shoes, backpacks, bags and accessories; sporting goods and equipment; and household appliances and furniture.
Business
Japanese investors join big real estate project in Binh Duong
Japanese and Vietnamese investors of The One World urban area project in the southern province of Binh Duong received in-principal approval at a ceremony in the locality on April 17.
