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Local Economy

Last updated: Tuesday, November 21, 2017

 

Nghe An Urged to Boost Business Start-up

Posted: Monday, February 20, 2017


PM Nguyen Xuan Phuc led a Government’s delegation to work with Nghe An local leaders in Vinh city on February 19.

PM Phuc praised the central province for their drastic economic transformation, increasing budget collection, better business environment, progressing FDI attraction, and building of business start-up program.

However, the Government chief also mentioned weak points, including a low number of businesses; low income per capita; and budget overspending.

Regarding key tasks for 2017, PM Phuc tasked the locality to comprehensively implement Resolution 26 of the Politburo and the Government’s Resolution 01; accelerate the economic restructuring, especially in agriculture and high-tech farming. 

By 2025, Nghe An must become a well-off province in the North Central Region and work with Ha Tinh and Thanh Hoa provinces to become a newly emerging growth pole in industry; improve living standards; convert itself into a business start-up land and an attractive destination for talents.

The local authorities were urged to build Vinh city as a modern one in line with other peers like Da Nang. 

In addition, Nghe An was asked to optimize its potentials and advantages to develop in a sustainable manner; generate jobs; and transform labour infrastructure; improve the business environment and competitiveness; modernize international airports, seaports, and roads. 

Last year, the province fulfilled 25 out of 27 socio-economic development plans in which GRDP grew 7.5%. The locality welcomed 3.22 million guests, including 72,860 foreign visitors (representing a year-on-year surge of 12%).

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