Lao Cai, Thanh Hoa attract foreign investors

Investors from Taiwan, Hong Kong, and the US have recently made major investments in the northern border province of Lao Cai and Thanh Hoa Province, also in the north.

In Lao Cai, they are set to build a highway to Noi Bai near Hanoi, upgrade the Lao Cai – Hanoi Railway, mine for copper to make electrical cables, and grow safe vegetables for export.

Some Taiwanese companies have invested in safe vegetable production in Sapa District.

In mid-May, many investors from the US, Taiwan, and Hong Kong met officials from the Thanh Hoa Province People’s Committee to discuss construction of a cement plant and the Bo Ho trade center in Thanh Hoa City.

By Nguyen Quan – Translated by H.Mien

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