Ha Giang urged to attract investment

Northern Ha Giang province needs to improve its investment environment and protect the appropriate rights of investors, to attract more investment projects, said Deputy Prime Minister Nguyen Xuan Phuc.
Northern Ha Giang province needs to improve its investment environmentand protect the appropriate rights of investors, to attract moreinvestment projects, said Deputy Prime Minister Nguyen Xuan Phuc.

Speakingat the investment promotion conference, which aimed to provide aplatform for domestic and foreign enterprises to explore local policies,potential and opportunities, held in the province late last week, Phucstated that the province's difficulties in luring foreign investmentincluded poor transport infrastructure and human resource quality, lowcompetitiveness and a high poverty rate of 27 percent.

However,he emphasised that the province has great tourism potential with itsfavourable climate and soil, natural beauty and diverse cultures,alongside other agricultural strengths such as medicinal plants,clean-water fisheries and livestock.

He proposed that theprovince should continue to finalise its socio-economic developmentplanning, boost administrative reform, increase the effectiveness andefficiency of state management and improve the investment environment.

"Theprovince also should pay more attention in comprehensively developinghuman resources through efficient policies on education, healthcare andculture, moving towards sustainable poverty alleviation," he added.

Thedeputy PM asked the ministries and agencies to support the province inpromoting its infrastructure upgradation, poverty reduction projects,preservation of unique ethnic cultures and rapid and sustainablesocio-economic development.

Chairman of Vietnam Chamber ofCommerce and Industry Vu Tien Loc agreed, adding that the province hasbeen ranking low in the Provincial Competitiveness Index for years. Lastyear, the rank was 48 out of 63 provinces and cities.

Loc noted that the province should have solutions to accelerate administrative reforms as well as business environment.

Hesuggested the province to build tourism development strategy, whichwill focus on Dong Van Rock Plateau and connect with other provinces inthe north-west region.

He said Ha Giang should also fully tapinto its agricultural potential while recommending that the provincefocus on improving provincial-level competitiveness and connect itssocio-economic development plan with that of the north-western region,he noted.

Nguyen Van Son, provincial People's Committee vicechairman, noted that the province has always prioritised resources formobilising investment and will continue to boost administrativeprocedure reform in investment activities and the timely removal ofproblems faced by investors.

Son claimed that the province hasset up investment promotion counselling centres and an OfficialDevelopment Assistance (ODA) mobilisation board, responsible forattracting ODA from NGOs. It has also introduced a number of incentiveson land use, water and power supplies, while simplifying administrativeprocedures.

At the conference, the provincial People's Committeegranted licences to 9 projects, with a total registered capital of 3.6trillion VND (169.2 million USD).

The committee also signed six memorandum of understanding on cooperation and investment with businesses.-VNA

See more

Representatives from Vietnamese agencies at the booth of Vietnam Airlines and Saigontourist Group at the IBT Berlin 2025. (Photo: VNA)

Vietnam Airlines connects Vietnam with the world at ITB Berlin 2025

The booth at IBT Berlin 2025 is expected to help enhance the collective strength of Vietnam Airlines and Saigontourist, towards promoting Vietnamese tourism and further attracting European tourists in general and Germans in particular, said Cao Chinh Mien, Director of the Vietnam Airlines branch in Germany.

Bitcoin, a digital currency (Photo: VNA)

Vietnam plans pilot cryptocurrency exchange

The Vietnamese Ministry of Finance is preparing a proposal to pilot a digital currency exchange, Deputy Finance Minister Nguyen Duc Chi announced at the government’s regular press conference on March 5.

An Phat Complex industrial park in Hai Duong (Photo: VNA)

Half of localities to convert existing industrial parks into ecological models

The eco-industrial park is a special model in which businesses participate in production activities to create green products and optimise resource use. This industrial park model focuses on the connection and cooperation between businesses in the same industrial park to promote symbiotic production activities.

Workers process seafood for export in Ba Ria-Vung Tau province. (Photo: VNA)

Ministry proposes solutions to achieve 12% export growth target

Therefore, the ministry will focus on implementing effective solutions to bring into full play competitive advantages and seize opportunities by promoting and supporting businesses and industry associations in effectively exploiting traditional markets that still hold significant potential.

Chairman of the provincial People’s Committee Tran Hong Thai speaks at the event (Photo: VNA)

Chinese group eyes railway revival, int’l flight expansion in Lam Dong

At a working session on March 5 with the group’s Deputy General Director and Chief Accountant Guan Huapinh, Chairman of the provincial People’s Committee Tran Hong Thai confirmed that the Da Lat – Thap Cham railway line has been included in detailed planning under decisions issued by the Prime Minister and the Politburo.