Conference boosts investment in northwestern region
(VOV) -Managers, scientists and businesses compared notes on policies to improve the investment climate in the northwestern region at an investment promotion conference opened in Moc Chau district, Son La province on April 4.
More than VND 500 billion have been donated from dozens of donors to support the northwest social welfare system. Banks have committed credit support worth 4.7 trillion dong.
Deputy Head of the Steering Committee for the Northwestern Region, Truong Xuan Cu, praised businesses efforts to support the poor: “The northwest must rely on investors to develop through incentive policies. More communications should be carried out to advocate for business support in balancing profit seeking and sharing the difficulties of local people in economic development.”
Earlier, Deputy Prime Minister Nguyen Xuan Phuc announced the Prime Minister’s decision to develop Moc Chau national tourism area. This is a legal foundation to promote local geographical advantages, resources and human development.
State Bank of Vietnam (SBV) Governor granted a gift worth VND127 billion for the northwest’s social welfare banking system.
Phuc urged the region to actively improve the investment environment to secure both domestic and international finances.
He pointed out positive socio-economic changes in the region recently, with GDP growth rate averaging around 9.5% and per capita GDP reaching VND24.7 million over the last five years.
The northwestern region consists 12 mountainous and midland localities of Yen Bai, Lao Cai, Dien Bien, Lai Chau, Son La, Phu Tho, Ha Giang, Tuyen Quang, Bac Kan, Hoa Binh, Lang Son and Cao Bang, as well as western districts of Thanh Hoa and Nghe An provinces.
Deputy Head of the Steering Committee for the Northwestern Region, Truong Xuan Cu, praised businesses efforts to support the poor: “The northwest must rely on investors to develop through incentive policies. More communications should be carried out to advocate for business support in balancing profit seeking and sharing the difficulties of local people in economic development.”
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Earlier, Deputy Prime Minister Nguyen Xuan Phuc announced the Prime Minister’s decision to develop Moc Chau national tourism area. This is a legal foundation to promote local geographical advantages, resources and human development.
State Bank of Vietnam (SBV) Governor granted a gift worth VND127 billion for the northwest’s social welfare banking system.
Phuc urged the region to actively improve the investment environment to secure both domestic and international finances.
He pointed out positive socio-economic changes in the region recently, with GDP growth rate averaging around 9.5% and per capita GDP reaching VND24.7 million over the last five years.
The northwestern region consists 12 mountainous and midland localities of Yen Bai, Lao Cai, Dien Bien, Lai Chau, Son La, Phu Tho, Ha Giang, Tuyen Quang, Bac Kan, Hoa Binh, Lang Son and Cao Bang, as well as western districts of Thanh Hoa and Nghe An provinces.