Thua Thien- Hue calls for VND 70, 000 billion investment

The People’s Committee of Thua Thien- Hue and Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) yesterday co-held a seminar in Hanoi to introduce tourism potentialities and investment opportunities in the province.

A serminar introduces tourism potentialities and investment opportunities in Thua Thien- Hue province. (Photo:SGGP)

It is considered as the preparation for a conference on investment and tourism promotion of Thua Thien Hue province

At the seminar, leaders of Thua Thien- Hue province also unveiled special preferential mechanism and policies for businesses and investors, aiming to attract investment sources.

Thua Thien- Hue announced a list of 30 investment projects with total capital of VND 70, 000 billion for the period of 2016-2020 in the fields of trade, tourism, processing industry and infrastructure. Of these, the large scale construction projects focus on hotels, coastal resort complexes, golf course, An Van Duong Urban Area, Chan May- Lang Co Economy Zone and others.

BIDV will calculate to set up a fund of VND 5, 000 billion for credit capital to support Thua Thien- Hue province in social- economic development for the period of 2016- 2020, especially focusing on local potential sectors of tourism, infrastructure investment and high-tech agriculture.

By Ham Yen- Translated by Huyen Huong

Other news

Most view

Vietnam strives to reduce cash payment proportion to less than 8 percent by 2025 (Source: Vietcombank)

Vietnam strives to reduce cash payment proportion

The Vietnamese Government plans to reduce the cash payment proportion to less than 10 percent by 2020 and 8 percent by 2025, which can be done by expanding the network of automatic teller machines (ATMs) and points of sale (POS) nationwide.

Banking-finance

VNPT & SeABank cooperate to enhance connections

The Vietnam Posts and Telecommunications Group (VNPT) and SeABank just co-signed cooperation agreement, aiming to develop the two sides’ economic, business and investment potential.


Self - introduction

VNPT targets to be leading digital service provider in Vietnam

The grand opening ceremony of the VNPT-Information Technology Company (VNPT-IT), a new member of the Vietnam Posts and Telecommunications Group (VNPT), was held yesterday in Hanoi. With thousands of IT engineers and the focus on developing state-of-the-art technological products related to Artificial Intelligence (AI), Bigdata, and Blockchain, the new company is considered the main force to help VNPT fulfill the goal of becoming a leading digital service provider in Vietnam and an important Digital Hub of the neighborhood as well as the world.

Stock market

SGN lists 24million shares on HOSE

 Saigon Ground Services JSC (under code: SGN) will list on the Ho Chi Minh City Stock Exchange (HOSE) 24 million shares for the first time starting on August 1st at a reference price of VND 140,000 per share.