The foreign-invested sector, which accounts for 37.5 percent of the total industrial production value in the southern province of Vinh Long, plays an important role in promoting socio-economic structure change in the locality.

Located in the centre of the Mekong Delta region, Vinh Long has made every effort to attract more FDI capital, thus promoting economic development in the locality.

It worked hard to map out measures and plans to improve the state management of FDI, while reviewing the production and business of foreign-invested enterprises in the locality in order to help them handle difficulties arising during their operation.

In addition, the province also organised frequent dialogues between the provincial leaders, its relevant agencies and foreign investors, thus timely identifying and addressing investors’ problems as well as keeping a close watch of investment projects in the locality.

The province also adjusted the leasing price of land and fees of infrastructure use in several industrial parks to encourage foreign businesses to invest and implement projects in the locality.

Vinh Long has 25 FDI projects in operation with a total registered capital of 144.57 million USD, of which, 10 projects are carried out in industrial parks with a total capital of 121.9 million USD.

The province is hosting the 2013 Mekong Delta Economic Cooperation Forum which opened on November 25. The event is expected to promote the province’s potential and strengths to investors, thus attracting more FDI capital to the locality.-VNA