Updated  
April, 07 2014 08:20:00

Deputy PM advises Quang Binh to draw up investment roadmap

Dong Hoi city. — File Photo

QUANG BINH (VNS)— Deputy Prime Minister Nguyen Xuan Phuc has asked the central province of Quang Binh to draw up a road map for creating registered projects to boost local economic development.

He made his remarks at the first conference promoting investment in the province in Dong Hoi city, which opened on April 5. The event drew nearly 200 representatives from Vietnamese and foreign businesses.

Chairman of the provincial People's Committee Nguyen Huu Hoai spoke about local strengths and investment conditions, as well as challenges, in order to suggest investment directions for those attending.

He also pledged to provide investors with the best policies regarding tax incentives for land use and business incomes, and for the support of workforce training and infrastructure building, among others.

There are currently 276 registered projects in the province, with a total capital of some VND100 trillion (US$4.8 billion), Hoai added.

At the conference, the entrepreneurs mentioned Quang Binh's strengths and weakness and proposed policies favouring investment, which could be acted upon by local authorities.

During the conference, the People's Committee granted investment licences to 13 projects, totalling over VND8.5 trillion ($404.8 million), and inked eight investment memoranda of understanding worth VND10.8 trillion ($514.3 million. — VNS

Send Us Your Comments:
Name:
Your E-mail address:
Title:
 

VietNamNews may edit your comments and not all emails will be published.

Highlight

Woman steps up in fight to tackle drugs 2    Woman steps up in fight to tackle drugs

Since for Le Thi Nga "to live is to give," she thought nothing about joining the neighbourhood watch in her fourth quarter in District 1's Cau Kho Ward in 2009.

Tan Son Nhat Airport on verge of overloading 1    Tan Son Nhat Airport on verge of overloading

HCM City's Tan Son Nhat Airport will be stretched beyond capacity in the next two years, making construction of the new Long Thanh airport in Dong Nai Province more urgent than ever, experts warn.

BIDV teams up with Japanese banks to facilitate investment BIDV teams up with Japanese banks to facilitate investment

The Bank for Investment and Development of Viet Nam (BIDV) has signed a memorandum of understanding (MoU) with two Japanese banks, namely Minato Bank and the Bank of Yokohama (BOY).

My Lai survivor writes book 1    My Lai survivor writes book

Pham Thanh Cong, 57, was one of only a dozen survivors of 1968's infamous My Lai massacre. More than four decades later, he has written a book about the mass murder, in which American soldiers killed 504 unarmed civilians.

Imported brews, grub at Ha Noi's Oktoberfest 1    Imported brews, grub at Ha Noi's Oktoberfest

A celebration of Germany's Oktoberfest will be held in Ha Noi on Thursday and Friday.