PM urges Hoa Binh to improve investment environment

Prime Minister Nguyen Xuan Phuc has urged the northern province of Hoa Binh to further improve its investment environment in order to attract investors.
PM urges Hoa Binh to improve investment environment ảnh 1Participants at the investment promotion conference in Hoa Binh (Photo: VNA)

Hoa Binh (VNA) – Prime Minister Nguyen Xuan Phuc has urged the northern province of Hoa Binh to further improve its investment environment in order to attract investors.

Addressing a local investment promotion conference on November 19, the PM said Hoa Binh enjoys many comparative advantages, such as its location at the gateway to the capital city and part of the Hanoi capital region master plan, beautiful natural landscape, rich culture and potential in construction materials, mining, hi-quality agro-fishery processing, resort and eco-tourism.

However, most investment projects in the locality are of small scale, he said, calling on investors to explore opportunities in Hoa Binh, particularly in the tourism sector.

Hoa Binh officials affirmed their resolve to build an open and transparent business and environment, and expressed the wish to attract investment in infrastructure, hi-tech industry and agriculture, support industry, health care, education, tourism and trade.

In the first 10 months of this year, the province licensed 39 projects, including one foreign-invested project worth 3 million USD and 38 domestic ones capitalising at nearly 4.6 trillion VND (208.5 million USD).

During a working session with local authorities earlier the same day, PM Phuc recommended that Hoa Binh pays attention to organic agriculture and tourism, considering the province’s natural advantages.

As the rate of local poor households remains high, up to 24 percent, he requested speeding up poverty reduction, fight the trafficking of drugs, and prevent wastefulness in the use of State assets and budget.

The leader also called for pooling public resources into infrastructure so as to ease pressure on the State budget.

Local authorities proposed the Defence Ministry consider the launch of a hydroplane service from Noi Bai international airport to Hoa Binh lake, which is expected to give a boost to local tourism.

The same day, the PM attended the great national unity festival in Dan Chu commune, Hoa Binh city./.

VNA

See more

☀️ Morning digest on April 2

☀️ Morning digest on April 2

Belgian King Philippe's meetings with top leaders of Vietnam, the 16th session of the Vietnam-Belarus Intergovernmental Committee on Economic, Trade, and Scientific-Technical Cooperation, and Singapore's approval of the import of selected poultry meat and egg products from Vietnam are among news highlights on April 1 evening.

NA Chairman Tran Thanh Man and his spouse are welcomed at Zvartnots International Airport of Yerevan on late April 1 (local time). (Photo: VNA)

NA Chairman begins official visit to Armenia

The official visit is a demonstration of Vietnam’s consistent policy of treasuring and promoting relations with the countries it has traditional friendship with, including Armenia.

President Luong Cuong and his spouse and King Philippe and Queen Mathilde of Belgium at the state banquet. (Photo: VNA)

State leader, spouse host grand banquet for Belgian King, Queen

In the past over five decades, Vietnam and Belgium have emerged as key partners across multiple fields, including politics, diplomacy, trade, investment, education, health care, environmental protection, and sustainable development. Both nations have also worked closely together at multilateral forums, particularly as members of the United Nations Human Rights Council for the 2023-2025 tenure.

Party leader To Lam (R) and Belgian King Philippe (Photo: VNA)

Belgian King’s visit to create new momentum for deepening ties: Party leader

Belgian King Philippe's visit, accompanied by senior officials, business leaders, representatives of universities and research institutes, would create new momentum to deepen and enhance the friendship and multifaceted cooperation between Vietnam and Belgium in a practical and effective way, meeting the benefits of their people and contributing responsibly to peace, stability, and sustainable development in the region and the world.

National Assembly Chairman Tran Thanh Man (R) hosts visiting King Philippe of Belgium in Hanoi on April 1 (Photo: VNA)

NA leader hosts Belgian King in Hanoi

To further strengthen Vietnam-Belgium relations, especially parliamentary cooperation, both sides agreed to enhance delegation exchanges at all levels, particularly between parliamentary committees and friendship groups. They also pledged to share legislative and supervisory experience, coordinate positions in international organisations, support each other’s candidacies for UN bodies, and effectively implement the EU-Vietnam Free Trade Agreement (EVFTA).

Vietnamese State President Luong Cuong (R) meets with Belgian King Philippe in Hanoi on April 1 morning. (Photo: VNA)

Vietnam wants to strengthen multi-faceted cooperation with Belgium: State President

President Cuong warmly welcomed King Philippe and a high-ranking delegation of the Kingdom of Belgium on their first state visit to Vietnam since the two countries established diplomatic relations in 1973, affirming that the trip is an important historical milestone, opening up a new page for the friendly relations between the two countries.