14 deals signed at forum on developing Vietnam sea brands in Bac Lieu

A recent forum on developing Vietnam’s sea brands held in the southern coastal province of Bac Lieu ended with the signing of 14 cooperation deals in the province.

Monday, June 03, 2019 10:27

14 deals signed at forum on developing Vietnam sea brands in Bac Lieu ảnh 1

At the forum (Photo: VNA)

Bac Lieu (VNA) – A recent forum on developingVietnam’s sea brands held in the southern coastal province of Bac Lieu endedwith the signing of 14 investment deals in the province.

The forum was held on June 1 on the occasion of the launchof the National Seas and Islands Week in Bac Lieu.

In the presence of Deputy Prime Minister Trinh Dinh Dung andMinister of Natural Resources and Environment Tran Hong Ha, Bac Lieu leadersgranted investment licences to investors in the Dong Hai 2 wind power plant, severalhi-tech shrimp farms and the Dong Nam yarn factory.

Director of Bac Lieu’s Department of Planning and InvestmentTran Thanh Tam said the province’s efforts to improve the business environmenthave turned Bac Lieu into an attractive destination for investors.

He cited statistics that the province’s investment promotionconference in 2018 ended with investment commitments worth more than 110 trillionVND (nearly 4.72 billion USD).

Bac Lieu has so far granted investment licences and approvalof investment proposals for 123 projects with capital totalling over 1.67billion USD. The marine economic sector alone attracted 17 projects with acombined 24.4 trillion VND. Seven other projects are in the process of researchand survey, six of which have total committed capital of nearly 140 trillionVND.

Investment projects have contributed to driving Bac Lieu’sdevelopment towards becoming a hub of hi-tech shrimp farming and renewableenergy of not only the region but also the country, the director said.-VNA

VNA

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