Nghe An expects to lure 100 trillion VND investment
The central province of Nghe An has set a target of attracting
around 100 trillion VND (4.7 billion USD) in investment, including 50
trillion VND from foreign direct investment (FDI), in the 2015-2020
period.
The central province of Nghe An has set a target of attracting
around 100 trillion VND (4.7 billion USD) in investment, including 50
trillion VND from foreign direct investment (FDI), in the 2015-2020
period.
To that end, the locality will synchronously implement measures to lure investment projects, considering it a key task to spur local socio-economic development.
It will facilitate investors’ operation by zoning off land for, giving incentives to and assisting them in recruiting workers and building material areas.
Nghe An will also continue improving its investment environment, aiming to name itself in the top 30 provinces and cities nationwide in provincial competitiveness index.
Currently, the province is calling for investment in agro-forestry, fishery and industry.
Last year, Nghe An granted investment licenses to 105 projects worth more than 18.5 trillion VND (880 million USD), representing increases of 45.83 percent in number and 43.74 percent in value against a year earlier. The projects have been put into operation and generated 8,000 jobs.
Some large-scale projects include Hanoi -Kim Liem urban and hotel complex (720 billion VND), Lan Chau-Song Ngu eco-tourism complex (1.97 trillion VND), Thanh Thanh Dat wharf (560 billion VND), Masan Food project (1.2 trillion VND), Ton Hoa Sen (2.3 trillion VND), Nguyen Kim supermarket (550 billion VND) and Vingroup (2.39 trillion VND).-VNA
To that end, the locality will synchronously implement measures to lure investment projects, considering it a key task to spur local socio-economic development.
It will facilitate investors’ operation by zoning off land for, giving incentives to and assisting them in recruiting workers and building material areas.
Nghe An will also continue improving its investment environment, aiming to name itself in the top 30 provinces and cities nationwide in provincial competitiveness index.
Currently, the province is calling for investment in agro-forestry, fishery and industry.
Last year, Nghe An granted investment licenses to 105 projects worth more than 18.5 trillion VND (880 million USD), representing increases of 45.83 percent in number and 43.74 percent in value against a year earlier. The projects have been put into operation and generated 8,000 jobs.
Some large-scale projects include Hanoi -Kim Liem urban and hotel complex (720 billion VND), Lan Chau-Song Ngu eco-tourism complex (1.97 trillion VND), Thanh Thanh Dat wharf (560 billion VND), Masan Food project (1.2 trillion VND), Ton Hoa Sen (2.3 trillion VND), Nguyen Kim supermarket (550 billion VND) and Vingroup (2.39 trillion VND).-VNA
You should also see
InfographicQuang An listed among the coolest streets in the world
Quang An Street in Tay Ho district, Hanoi, has been listed among the 30 coolest streets in the world by the British travel magazine Time Out.
See more
Business
Localities get ready for fourth FDI boom
As the year 2024 is expected to witness the start of the fourth wave of foreign direct investment (FDI) to Vietnam, localities nationwide are getting ready to absorb foreign capital flows.
Business
HCM City moves towards Net Zero
Ho Chi Minh City is building a project to restructure its industry towards sustainable development in the 2025-2030 period, with a vision to 2050, prioritising the use of high technology and reducing emissions towards net zero emissions by 2050.
Business
Old loans must endure higher interest rates temporarily: central bank
The average lending interest rate for new loans by commercial banks is reported at around 6.4% per year, a decrease of 0.7 percentage point per year compared to the end of last year. However, borrowers with loans issued before the latest rate adjustment still must pay higher rates, according to the State Bank of Vietnam (SBV).
Business
Vietnam among top domestic infrastructure investors: Ambassador
Vietnam is one of the leading countries in Asia in terms of investment for infrastructure development, allocating 5.7% of its Gross Domestic Product (GDP) to projects in this field, said Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the United Nations (UN).
Business
Vietjet adds more flights to Dien Bien
To meet the rising demands to visit Dien Bien of people and tourists during the celebration of the 70th anniversary of the Dien Bien Phu victory, Vietjet increased the frequencies of flights between Hanoi, Ho Chi Minh City and the northwestern province to 28 per week.
