Economy
Caution arises as State divestment strategy potentially poses risks
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| Vị Thanh City of Hậu Giang Phovince. The province plans to call for more investment in tourism sector. — Photo baodautu.vn |
Viet Nam News
HẬU GIANG — The southern province of Hậu Giang will organise an investment promotion conference in the middle of September to attract investment capital for its key projects.
This was revealed by Trương Cảnh Tuyên, vice chairman of the provincial People’s Committee, on Monday.
The key sectors that need investment include the infrastructure in industrial zones and complexes, the wholesale markets for farm produce, the processing and preserving systems for farm produce, the high-tech agriculture zones, and tourism.
The province leader said that the conference and the related activities, such as the trade fair, would draw the participation of some 300 investors.
On this occasion, the province will grant investment certificates to the investors, as well as sign memoranda of understanding with enterprises, Huỳnh Thanh Hoàng, deputy director of the provincial Department of Industry and Trade, said.
Currently, there are 4,200 enterprises with a total registered capital of VNĐ45 trillion (US$2 billion). The province has so far attracted 40 foreign and domestic investors, who have poured capital worth $760 million and VNĐ 66.4 trillion, respectively, in the local industrial zones and complexes. — VNS
