BIDV funds projects in Quang Binh hinh anh 1Leaders of Quang Binh province, BIDV and Property developer FLC Group at the confence. (Photo:

 The Bank for Development and Investment of Vietnam (BIDV) will splash out 10.9 trillion VND (506.9 million USD) to support enterprises investing in garments, construction and tourism service sectors in the central province of Quang Binh.

The information was heard at a conference on provincial investment and tourism promotion held in Dong Hoi city on August 14.

At the event, Deputy Prime Minister Nguyen Xuan Phuc urged local authorities to accelerate the project implementation as part of the fresh bid to lift up the local socio-economic development.

The province needs to address enterprises’ challenges while paying attention to manpower and culture development policies, he underscored.

Chairman of the provincial People’s Committee Nguyen Huu Hoai hailed BIDV’s active contributions to the local development, saying that the bank has promoted a strong investment flow to the province in addition to its support for training and human resources development.

BIDV pledged to accompany Quang Binh province in its efforts to foster tourism while calling for domestic and foreign businesses to invest in tourism infrastructure, according to Chairman of the BIDV Board of Directors Tran Bac Ha.

He added that the bank will arrange capital for enterprises during their operation in the province.

On this occasion, BIDV donated 21 billion VND (976,700 USD) for social welfare activities in the province. Of the total, 5 billion VND (232,600 USD) is set out for tourism promotion programmes.-VNA