Tra Vinh attracts 13 investment projects in first five months
The Mekong Delta province of Tra Vinh lured 13 investment projects worth nearly 10.3 trillion VND (over 446.5 million USD) in the first five months of 2021, according to the provincial People’s Committee.
Illustrative image (Photo: VNA)Tra Vinh (VNA) - The Mekong Delta province of Tra Vinh lured 13 investment projects worth nearly 10.3 trillion VND (over 446.5 million USD) in the first five months of 2021, according to the provincial People’s Committee.
Among them are three large projects: the Dong Thanh 1 and Dong Thanh 2 wind power plants, with total registered capital of about 9.45 trillion VND, and a project on infrastructure construction in the Co Chien Industrial Park worth nearly 750 billion VND.
Chairman of the provincial People’s Committee Le Van Han said local authorities are making every effort to call for investment in maritime economic development, tourism, industry, agriculture, infrastructure development in industrial parks and clusters, and urban development.
According to the Vietnam Chamber of Commerce and Industry, Tra Vinh’s provincial competitiveness index (PCI) climbed 10 places to 48th nationwide in 2020. The province aims to climb at least 5 places this year.
Tran Thi Kim Hoang, Director of the centre for promoting investment and supporting business at the provincial Department of Planning and Investment, said the agency is speeding up promotional activities to introduce the locality’s investment and business environment to investors as well as its potential, strengths, and investment attraction policies.
Attention has been also paid to strengthening inter-regional investment promotions and cooperative activities towards attracting more investment to the province.
The centre is coordinating with relevant agencies to accelerate the implementation of a sustainable marine-based economic development project to 2030, while supporting the department in adjusting and issuing preferential policies for investment in the locality, she said.
Tra Vinh is home to 382 valid investment projects with total registered capital of 8.38 billion USD, including 41 foreign-invested projects worth 3.1 billion USD./.
You should also see
Investor confidence gains traction on improved business climate
Better investment climate, with simplified administrative producers and special incentives, has helped improve investor confidence, thus catalysing investments from a wider pool of both domestic and international investors for socio-economic development.
See more
Business
Vietnamese canned sugarcane juice favoured in US
The first cases of Vietnamese canned sugarcane juice have hit supermarket shelves in Miami, the US state of Florida.
Business
Labels on foods exported to Singapore must be accurate: Trade counselor
Counsellor Cao Xuan Thang, head of the Vietnam Trade Office in Singapore, has advised Vietnamese exporters to pay attention to labeling pre-packaged food products to ensure their credibility and image of businesses when exporting to the Singaporean market.
Business
April 25 gold bullion auction cancelled
The State Bank of Vietnam (SBV) has announced that it canceled the gold bullion auction scheduled for April 25 morning as only one business submitted its bidding form.
Business
High airfares create chance for short-distance trips for Reunification Day holiday
Due to a hike of air ticket prices for domestic flights, Vietnamese tourists are turning to short-distance trips for the upcoming National Reunification Day (April 30) and May Day (May 1) holidays.
Business
Phu Yen, Ninh Thuan attractive to energy project developers
The south-central coastal provinces of Phu Yen and Ninh Thuan have become attractive destinations for investors operating in the energy industry thanks to great potential for renewable energy development.
