Tra Vinh lures more than 188 million USD of investment in May
The Mekong Delta province of Tra Vinh issued investment licences to six domestically-funded and one foreign-invested project worth some 188 million USD in May.
Illustrative image (Source: VNA)Tra Vinh (VNA) – The Mekong Delta province of Tra
Vinh issued investment licences to six domestically-funded and one
foreign-invested project worth some 188 million USD in May.
So far this year, the province has lured 20 domestically-invested projects with combined capital of 5.83 trillion VND (250.69 million USD) and two foreign-invested ones valued at more than 100 million USD.
The province is hosting a total 319 projects, including 40 foreign-invested projects with total capital of 3.11 billion USD, along with 279 domestically-funded projects worth over 105.52 trillion VND (4.53 billion USD).
According to Chairman of the provincial People’s Committee Dong Van Lam, the improvement of the local investment environment has helped the province attract more investment.
The province has focused on administrative reform, while publicising priotitised projects for investment attraction, he said.
Along with applying national preferential policies, the province has also given investors support for ground clearance and technical infrastructure development, as well as assistance in production and business in industrial clusters, and labourer training.
The province has also launched the one-stop-shop mechanism, cutting the processing time by one half for 1,644 administrative procedures and by one third for 68 others, said Lam.
He said the province has made it possible to process 1,279 administrative procedures via post.
Lam revealed that Tra Vinh has announced 59 projects entitled to preferential policies in agriculture and industry.-VNA
So far this year, the province has lured 20 domestically-invested projects with combined capital of 5.83 trillion VND (250.69 million USD) and two foreign-invested ones valued at more than 100 million USD.
The province is hosting a total 319 projects, including 40 foreign-invested projects with total capital of 3.11 billion USD, along with 279 domestically-funded projects worth over 105.52 trillion VND (4.53 billion USD).
According to Chairman of the provincial People’s Committee Dong Van Lam, the improvement of the local investment environment has helped the province attract more investment.
The province has focused on administrative reform, while publicising priotitised projects for investment attraction, he said.
Along with applying national preferential policies, the province has also given investors support for ground clearance and technical infrastructure development, as well as assistance in production and business in industrial clusters, and labourer training.
The province has also launched the one-stop-shop mechanism, cutting the processing time by one half for 1,644 administrative procedures and by one third for 68 others, said Lam.
He said the province has made it possible to process 1,279 administrative procedures via post.
Lam revealed that Tra Vinh has announced 59 projects entitled to preferential policies in agriculture and industry.-VNA
You should also see
Leaders pay tribute to President Ho Chi Minh on National Reunification Day
Leaders and former leaders of the Party, State, Government, National Assembly (NA), and Vietnam Fatherland Front (VFF) paid tribute to President Ho Chi Minh at his mausoleum in Hanoi on April 26 on the occasion of the 49th anniversary of the Liberation of the South and National Reunification Day (April 30, 1975-2024).
See more
Business
Vietnam needs drastic reforms to create firm ground for economic growth: experts
Drastic institutional reforms are needed to create firm ground for economic growth in the context that persistent challenges, both external and internal, still cloud the growth prospect, experts have said.
Business
Dak Lak firm pioneers in following EUDR in coffee production
The Dak Lak September 2 Import-Export Company Limited (Simexco) has pioneered in building coffee growing areas following the EU Deforestation Regulation (EUDR), it announced on April 25.
Business
Dong Nai calls for Korean investment into green growth
The southern province Dong Nai introduced its investment projects and incentives to the Republic of Korea (RoK)’s firms at a workshop in Seoul on April 25.
Business
Vietnam ranks fifth among aquatic product suppliers for Singapore
Vietnam jumped one place to become the fifth largest exporter of aquatic products to Singapore for the first time in the first quarter of this year, according to its Trade Office in the city state.
Business
Forum seeks ways to boost exports amid external challenges
Experts gathered at a forum in Ho Chi Minh City on April 25 to seek ways to untangle knots in terms of capital and market for exporters in the context that the ongoing conflicts in many regions are disrupting international trade.
