PM calls long- term investment projects in Binh Thuan

Vietnamese Prime Minister Nguyen Xuan Phuc yesterday presided over a conference on investment boosting in Binh Thuan, calling on long- term investment projects in Binh Thuan.

Vietnamese Prime Minister Nguyen Xuan Phuc speaks at the Binh Thuan Investment Promotion Conference

Vietnamese Prime Minister Nguyen Xuan Phuc speaks at the Binh Thuan Investment Promotion Conference

Vietnamese Prime Minister Nguyen Xuan Phuc yesterday presided over a conference on investment boosting in Binh Thuan, calling on long- term investment projects in Binh Thuan.

 450 domestic & foreign investors and enterprises also attended in the conference.

Accordingly, Binh Thuan attracted around 34 investment projects with total capital of VND 126 trillion via the investment promotion conference. 

At the conference, the south- central province hoped that domestic & foreign investors and organizations will continue paying their attention, and investing into industry, agriculture and commercial service of the locality. 

Development of stable green tourism, energy creation and high- technological industrial application have been defined as three major factors to boost economic development of the locality. 

The participants also suggested the government as well as local authorities of Binh Thuan need to issue practical solutions to solve difficulties and challenges about capital resource, energy prices and financial and technological solutions etc etc… 

To feedback ideas from the investors, Prime Minister Phuc said that the government had preferential mechanisms to encourage solar power grid-connected project in Vietnam with a price of VND 2,086 per kilowatt hour (kwh) (equivalent to 9.35 UScents/kWh).

As soon as receiving the price, many investors arrived in Binh Thuan to seek new investment opportunities for the fresh energy. 

The PM stressed that Binh Thuan need to focus on expanding dragon fruit farms in combination with sea economy to develop local economy; and he also called on small- medium enterprises and investors should have long- term business strategies in the coastal province. 

At the conference, Binh Thuan offered investment licenses for 14 projects with total capital of VND 43 trillion, and signed an agreement to memorize 20 investment registration projects with total capital up to over VND 83 trillion.














By Nguyen Tien- Translated by Huyen Huong

Other news

Most view

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.


Economy

HCMC focuses on safe pig breeding chain

The HCM City department of agriculture & rural development has just held conference about the sustainable pig breeding and safe pork production market in HCMC.

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

STK to issue 10.8million shares

The shareholders of Century Synthetic Fiber Corp (code: STK) have approved plan to issue 10.8 million shares.