National Assembly Chairman Nguyen Sinh Hung attended a conference of businesses and investors in the central province of Nghe An on Feb. 5.

Nearly 400 businesses and investors nationwide participated in the conference, the fourth of its kind held in the native land of President Ho Chi Minh , where they showed their strong determination to invest and expand investment in projects in Nghe An province.

Speaking at the event, the NA Chairman stated that the Party and State have defined the Socio-economic Development Plan for 2011-2020 and the Socio-economic Development Strategy for 2011-2020, considering them important foundations for turning Vietnam into an industrialised country in 2020.

To achieve that goal, localities and the business community should incessantly renovate the way of thinking in a rapid and sustainable direction and on the basis of a socialist-oriented market economy, he said.

In addition, they need to boost the reforms of management mechanisms and the national administration in order to take full advantage of abundant human resources among all people strata, creating a momentum for the country’s development, he added.

“This task requires reform not only among cadres and civil servants in charge of State management but also in the business circle and the entire society,” Hung stressed.

According to Chairman of the provincial People’s Committee Do Duc Phoc, since the first conference in 2009, more than 30 investment agreements worth nearly 40 trillion VND have been signed and implemented on schedule in Nghe An province.

Of which, many social welfare projects have proven effective, helping reduce poverty and improve the living standards for local residents. They include the 700 billion VND Sabeco packaging factory, the 1.5 trillion VND Saigon-Song Lam and 800 billion VND Hanoi- Nghe An beer projects, the 350 million USD TH milk processing plant and the 1 trillion VND Dong Hoi non-burned brick project.

Nghe An province is carrying out several other large-scale projects such as the Cua Lo deep water seaport, the Dong Hoi specialised port, the Kobelco steel factory and the 2,400 MW Quynh Lap thermoelectric power plant.

On the occasion, NA Chairman Hung offered flowers and incense at the Temple of Emperor Quang Trung and the Monument to President Ho Chi Minh in Vinh City./.