Phu Tho considers businesses long-term strategic partners and is committed to creating favourable conditions for Chinese investors to implement projects efficiently and sustainably, said Chairman of the provincial People's Committee Tran Duy Dong.
Thai Ambassador Urawadee Sriphiromya praised Phu Tho’s development orientations, stating that stronger partnerships in investment, trade, tourism, and people-to-people exchanges are highly feasible.
Stressing both immediate and long-term imperatives, Prime Minister Pham Minh Chinh directed that authorities pursue a dual-track approach: repairing the existing bridge to ensure safety while simultaneously investing in a new structure capable of opening up new socio-economic development space and safeguarding national defence and security.
The sharp decline in the poverty rate and the gradual improvement in the livelihoods of ethnic communities reflect decisive leadership, management, and the strong involvement of the entire political system, particularly the synergy created by various organisations, businesses, and social policy credit.
The Hoa Binh hydropower plant expansion project comprises two turbines with a total capacity of 480 MW and an average annual output of 490 million kWh, with a total investment of over 9.22 trillion VND (349.69 million USD).
The province will prioritise attracting high-tech, green technology, semiconductor, and clean energy projects that are environmentally friendly and deeply integrated into global value chains.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Vietnam is becoming a key destination for manufacturers and logistics firms thanks to its strategic location, low costs, and ready-built infrastructure. Gateway provinces like Phu Tho are emerging as magnets for foreign investment.
The Party Committee of the northern midland province of Phu Tho recently held its 17th conference, outlining various measures to concretise the set socio-economic development goals in the last three months of the year.
Phu Tho (VNA) – The northern province of Phu Tho has completed the construction and expansion of seven industrial parks and 21 out of the 28 industrial clusters, helping turn the province into a magnet for foreign investors.
The northern midland province of Phu Tho has recently completed the construction and expansion of seven industrial zones and 21 out of 28 planned industrial clusters, aiming to attract manufacturing and business projects.
